Kazakhstan's economy grows 5% in 2024, beating expectations
Kazakhstan's economy expanded by 5% in 2024, outpacing the earlier forecast of 4.8%, according to the Ministry of National Economy....
The EU rejects calls to weaken car CO2 rules, emphasizing climate goals despite automaker pressures and EPP's push for relief on 2025 emission limits.
The European Commission is not considering changing Europe's policies to cut CO2 emissions from cars, despite a push from the EU's biggest political group to weaken the laws, the bloc's climate policy chief told Reuters on Thursday.
The centre-right European People's Party - the European Parliament's biggest lawmaker group - launched a campaign this week to weaken the climate rules, adding to pressure on Brussels from automakers and national governments to urgently help Europe's ailing autos sector.
Asked whether he was now considering changing the car CO2 rules, European Union climate commissioner Wopke Hoekstra said he was not.
"No. The answer is no," he told Reuters on the sidelines of an industry event in Brussels.
Hoekstra, like European Commission President Ursula von der Leyen, is part of the EPP political group.
Europe's car sector is in turmoil, with thousands of jobs on the line as it struggles with weak demand, Chinese competition and lower than expected electric vehicle sales.
Brussels has said the climate rules are needed to meet Europe's legally-binding emissions goals, and they provide a predictable investment environment for European companies.
The main demand of the EPP is that automakers are given relief from 2025 CO2 limits, which many are expected to miss.
European automaker association ACEA has said the industry potentially faces 15 billion euros ($15.8 billion) of fines for failing to meet the 2025 targets, which it says would divert money from investments.
Hoekstra has previously played down such concerns, noting carmakers' far lower fines for missing 2020 EU emissions targets. Volkswagen then faced penalties exceeding 100 million euros.
The EPP suggests using a three-year average to count automakers' compliance with next year's CO2 limits - allowing them to miss next year's targets and dodge fines if they catch up in 2026 and 2027.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
'Superman' continued to dominate the summer box office, pulling in another $57.25 million in its second weekend, as theatres welcome a wave of blockbuster competition following a challenging few years for the film industry.
U.S. President Donald Trump has officially cancelled plans to develop new offshore wind projects in federal waters, reinforcing his administration’s pivot from renewable energy to fossil fuels.
European forests are absorbing significantly less carbon dioxide than a decade ago, putting the European Union’s ambitious climate goals in jeopardy, scientists from the EU’s Joint Research Centre (JRC) warned on Wednesday.
The United Nations' climate bureau have concerns that sky-high accommodation prices for this year's COP30 climate summit in Brazil could price poorer countries out of the negotiations, according to diplomats and a document seen by Reuters.
The Environmental Protection Agency has moved to erase the foundation of America’s climate regulations. On Tuesday, it unveiled a proposal to rescind the “endangerment finding,” the legal opinion that lets it curb greenhouse gas emissions.
They seem distant and frozen in time, but glaciers are melting fast, and the ripple effects are reaching every corner of the world. From rising seas to disrupted weather and water shortages, their disappearance is reshaping our shared future.
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