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News in-depthGerman economy
German companies flock to US with record pledges of capital investment
...He said Germany and the EU as a whole needed to generate sufficient green electricity at competitive prices, build the right infrastructure for electricity and hydrogen, and develop less bureaucracy and...
February 19, 2024
Semiconductors
Infineon considers moving more production capacity to US
...Wawer’s green industrial power division last year made up only 13 per cent of Infineon’s €14.2bn in sales....
June 13, 2023
FT Live
Financial Times @COP
FT Live events coinciding with COP
Monday, 11 NovemberBaku, Azerbaijan
US Inflation Reduction Act
VW puts European battery plant on hold as it seeks €10bn from US
...That is why we wait and see what the so-called EU Green Deal will bring,” the company said....
March 8, 2023
The Big Read
How Germany’s steelmakers plan to go green
...“Germany is certainly going green, but the question is how fast,” the report states....
February 25, 2024
Schaeffler AG
Schaeffler CEO warns of concerns beyond Germany over Berlin pulling green funding
Head of car component maker points to international customers ‘unease’ amid EV transition
December 22, 2023
Waste management & recycling
Fraud rocks global recycling and metals industry
...Tobias Kuhm was searching through a pile of discarded circuit boards taller than himself at a German recycling plant when he pulled out a large military-green plate with golden pins and big microchips —...
January 18, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
German economy
German emissions fall by a fifth amid stagnant industrial output
...As a result of rising energy costs, industry in Germany could not hope to be both green and internationally competitive without far greater government support, said Siegfried Russwurm....
January 4, 2024
Transport
EU lawmakers agree deal to curb diesel truck pollution
...Sandra Roling, head of transport at the Climate Group, which helps companies go green, said: “It is especially welcome to see that calls to include loopholes for e-fuels — which in effect would prolong the...
January 18, 2024
Thyssenkrupp AG
Thyssenkrupp writes down value of steel business by €2.1bn
...Thyssenkrupp is trying to decarbonise and transition to “green steel” made using hydrogen and electricity rather than gas — an effort that the company says will eventually cut carbon emissions by 3.5mn tonnes...
November 22, 2023
German economy
Germany faces threat of creeping deindustrialisation, warns steel boss
...There remains, however, a question mark over how demand for green steel would be affected if large-scale industrial environment-friendly projects were to be scrapped....
November 26, 2023
Transcript
Transcript: Prime ministers’ legacies — Sunak, Truss and Brown
...Miranda Green Well, what an amazing contrast those two interviews are....
April 19, 2024
German economy
Germany agrees tax subsidies for industry worth up to €28bn by 2028
...It is a level of state support equivalent to a controversial plan proposed in May by Green vice-chancellor Robert Habeck to introduce hard caps of energy prices for electricity-hungry businesses....
November 9, 2023
IG Metall
German union boss takes the helm: ‘not everything will stay the same’
...In her maiden speech as IG Metall chair this week Benner warned against the “creeping deindustrialisation” of Germany, saying that while “there are enough jobs in green industries . . . not everything will...
October 27, 2023
News in-depthRenewable energy
The humble heat pump blows a green wave across Europe
...When one village resident wanted to join the green revolution by installing a heat pump in his English countryside home to replace an off-grid oil boiler, he had a frustrating year-long wait and paid a hefty...
August 7, 2023
Industrials
Energy fears spur German industrials to seek investments abroad
...The rollout of green energy infrastructure has lagged behind, however. The DIHK pointed in particular to challenges around the expansion of Germany’s power grid....
August 30, 2023
FT Live
Energy Transition Summit
Delivering a stable and efficient clean energy system
Tuesday, 22 OctoberLondon, UK & Online
Deutsche Lufthansa AG
Lufthansa posts record profits as ticket prices soar
...The group said that more than 265,000 customers had booked its “Green Fares”, a separate flight tariff that includes compensation for flight-related CO₂ emissions, which it introduced in February....
August 3, 2023
Infineon Technologies AG
Infineon spends extra €5bn on Malaysia plant in bet on electric vehicles
...Infineon warned that margins across all of its four segments — including connected systems, green technology and sensor systems — next quarter would land at 25 per cent, slightly below analyst expectations...
August 3, 2023
Chemicals
Germany’s chemical groups look outside Europe to build new plants
...German chemical groups are investing in modern plants and green technologies — but largely outside Europe, the industry’s largest trade union has warned....
July 9, 2023
War in Ukraine
German minister backs sending Taurus cruise missiles to Ukraine
...Fearful of escalation with Moscow, Scholz has long taken a more cautious approach to weapons deliveries than his Green and liberal coalition partners....
August 14, 2023
ABB Ltd
ABB accused of failing to address ‘alarming’ security vulnerability in China-made cranes
...Additional reporting by Patricia Nilsson in Frankfurt and Demetri Sevastopulo in Washington...
January 19, 2024
German economy
Germany’s failure to attract business investment ‘alarming’, say economists
...Meanwhile, it warned that Germany was also receiving very little of the EU’s €750bn recovery fund, which was launched in response to the coronavirus pandemic to fund investments in areas such as green energy...
June 28, 2023
Climate change
Leading companies call for tougher EU truck emission standards
...The industry letter, which will be sent on Monday to members of the European parliament as well as ministers, is timed to coincide with a report by the Green EU lawmaker Yannick Jadot, who will present potential...
June 25, 2023
News in-depthGerman economy
Germany warns companies to reduce dependence on China
...The milestone strategy was long delayed by disagreements between the foreign ministry headed by Baerbock, a Green politician who has long supported a tough stance on China, and the chancellery headed by...
July 13, 2023
News in-depthGerman politics
Olaf Scholz to tread fine line in meeting with Chinese government
...Last month Scholz overruled Green objections to approve a plan for a Chinese conglomerate to take a 24.99 per cent stake in a Hamburg port terminal....
June 18, 2023
Covestro AG
German chemical group Covestro rejects €13bn Abu Dhabi approach
...The oil company has also been trying to make its large energy-intensive plants less dependent on fossil fuels, investing in green technologies and recycling solutions that are increasingly attractive as...
June 22, 2023

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