EV policy costs billions: subsidies benefit Chinese manufacturers and cost jobs in Germany
Berlin and Brussels are witnessing the consequences of an electric vehicle policy that prioritized political targets over market viability. EU
Politics
Pension reform: Funded pensions and later retirement affect millions of workers
On Tuesday, June 23, 2026, the Commission on Old-Age Provision presented its recommendations in Berlin. The pension reform addresses rising
Pension reform: Funded pensions and later retirement affect millions of workers Read More »
China imposes export controls on ten US companies
China has imposed export controls on ten US companies in the defense and rare earth sectors. The Chinese Ministry of
China imposes export controls on ten US companies Read More »
Cash via app: How the digital euro is supposed to work
Like cash, but intangible: The European Central Bank (ECB) plans to introduce digital euros that consumers can store on their
Cash via app: How the digital euro is supposed to work Read More »
EU plans carbon tariff on refrigerators: Nearly 400 product types could become more expensive starting in 2028
On June 12, 2026, EU finance ministers in Luxembourg agreed to a comprehensive expansion of the Carbon Border Adjustment Mechanism
Mannheim abandons 2030 climate goal – political mandate fails to withstand reality
Following a recent assessment by the city administration, Mannheim is abandoning its climate goal for 2030. The Committee for Environment
Mannheim abandons 2030 climate goal – political mandate fails to withstand reality Read More »
Iran War: US oil reserves at 40-year low
Amid the conflict involving Iran, the US strategic oil reserve has fallen to its lowest level in more than 40
Iran War: US oil reserves at 40-year low Read More »
New EV subsidy: Orders for Chinese electric cars see significant increase
Berlin opened the portal for the new electric vehicle subsidy on May 19, 2026. However, the funding applies retroactively to
New EV subsidy: Orders for Chinese electric cars see significant increase Read More »
Great Britain detains Russian oil tanker in the English Channel
According to the government, Great Britain intercepted an oil tanker belonging to the Russian “shadow fleet” in the English Channel
Great Britain detains Russian oil tanker in the English Channel Read More »
Latest economic summit ends without result: Germany slips into recession
On Wednesday evening, the federal government held another economic summit that yielded no concrete decisions, even as Germany’s economic situation
Latest economic summit ends without result: Germany slips into recession Read More »
Oil companies under fire: The state still collects the most from fuel
In Germany, motorists are paying nearly 1.90 euros per liter for Super E10 or diesel in June 2026, despite a
Oil companies under fire: The state still collects the most from fuel Read More »
Fuel tax discount ends: Coalition scraps consumer relief and warns oil companies
On June 10 in Berlin, the Union and the SPD decided to let the fuel tax cut expire on July
Fuel tax discount ends: Coalition scraps consumer relief and warns oil companies Read More »
Northvolt debacle in Heide: Court reprimands state government over multi-million-euro guarantee
On May 29, 2026, the State Constitutional Court of Schleswig-Holstein exacerbated the political and legal fallout of the Northvolt debacle.
Missunde III: How an electric ferry is becoming a symbol of failed energy policy
Since 2021, the new “Missunde III” ferry on the Schlei in Schleswig-Holstein has become a cautionary tale regarding flawed energy
Missunde III: How an electric ferry is becoming a symbol of failed energy policy Read More »
Agricultural emissions: Denmark to calculate new levy based on animal species and farming method starting in 2030
Starting in 2030, the state will levy a charge on calculated greenhouse gas emissions from agricultural production. This will be