EU Weighs Delay to Automotive Package as Germany Pushes to Reopen 2035 Engine Phase Out
• Brussels is considering a delay of several weeks to an automotive support package that could reshape the EU’s 2035 combustion engine phase out.• Germany and parts of the car industry are lobbying to allow plug-in hybrids and “highly efficient” combustion engines beyond 2035.• The file has grown into a test of Europe’s industrial strategy, […]
Vestas to Double Polish Blade Production as Europe’s Onshore Wind Buildout Accelerates
• Vestas will double output at its Goleniow, Poland blade plant to meet rising European demand, adding a second line for its V172-7.2 MW turbine and hiring more than 300 workers.• The expansion is driven primarily by Germany’s accelerating onshore market, which installed 2.2 GW in the first half of 2025 and is on track […]
CVC, Low Carbon Secure $1.39 Billion to Accelerate European Clean Energy Expansion
• New financing package totals approximately £1.1 billion ($1.39 Billion), combining CVC DIF’s equity stake, MassMutual follow-on investment, project debt refinancing and a new Holdco facility.• Capital will support Low Carbon’s 16 GW development pipeline and scale a 3 GW portfolio across the UK, Germany, and Poland toward operations.• Investment aligns with UK and EU […]
SBTi Issues Detailed Decarbonization Pathways for Global Chemicals Industry
• New Science Based Targets initiative pathways provide emissions cutting trajectories for ammonia, methanol, high-value chemicals and fertilizer-linked nitrous oxide.• The framework offers sector-specific guidance for companies representing the world’s largest industrial energy consumer and the third-highest source of industrial emissions.• Developed through extensive consultation, the pathways establish how quickly chemical manufacturers must reduce emissions […]
Sen. Cruz Seeks to Block ESG, DEI Voting in $1 Trillion Federal Retirement Plan
• The bill would bar BlackRock and State Street from casting any shareholder votes tied to the $1 trillion Thrift Savings Plan, the retirement system for U.S. federal employees.• The legislation expands ongoing Republican efforts to curb asset-manager participation in ESG and climate coalitions, amid lawsuits alleging antitrust violations tied to sustainability initiatives.• The proposal […]
