In brief | 8 July '25
T&E: EU car production can return to post-crisis peak – report
Going back on the 2035 zero-emissions target and deploying no industrial strategy could instead see loss of 1 million auto jobs, said T&E.
The Guardian: Low water levels push up shipping costs on Europe’s rivers amid heatwave
Vessels on Rhine in Germany and Danube in Hungary forced to sail only partially loaded.
Bloomberg: Banks plough billions into coal ‘as if Glasgow never happened’
Global banks channelled more than 385 billion dollars to the coal power industry over the past three years, with annual flows increasing last year from 2023, according to analysis by a group of nonprofits.
Bloomberg: Vestas CEO says EU’s fragmented policy puts wind energy at risk
The head of Vestas Wind Systems, one of the world’s largest wind turbine makers, has a blunt warning for Europe: adopt bolder industrial policy or risk watching business drift across the Atlantic and to other regions.
PV magazine: German castle now hosting brick-red PV system
A castle in Bavaria has installed a brick-red PV system using coloured solar modules from Italy-based FuturaSun, after state allows solar on heritage buildings.