Tag

Climate & Environment

ECOFIN CBAM agreement with major gaps

While the EU Parliament is still struggling to find a majority position on the Carbon Border Adjustment Mechanism (CBAM), the EU finance ministers agreed on a general approach on Tuesday. However, some elementary questions remain unresolved.

By Lukas Knigge

Energy: Is China profiting from Russia's war?

Russia's invasion of Ukraine also affects China's energy policy. In the short term, China could increase its imports of Russian coal and gas. But the People's Republic will not allow itself to become dependent on Russia – because China is striving for energy security, as the National People's Congress once again illustrated.

By Nico Beckert