German government unveils energy saving strategy
31 August 2022 | 3:38 pm
Winter is coming and Germany is bracing for cold months with less Russian energy to heat homes and keep industry bustling. The center-left government coalition has unveiled a new plan to deal with potential shortages.
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While the big five oil companies registered record profits on the back of the energy crisis, relatively little will be reinvested in renewables as climate goals are slashed.
This week saw the release of a wide-ranging investigation into the lucrative disinformation industry, published by a media consortium led by the French NGO Forbidden Stories. At the centre of the story is a shadowy Israeli group nicknamed "Team Jorge" who claims it has influenced 33 elections worldwide with a potent combination of phone hacking and thousands of fake profiles.
The disappearance of Chinese banker Bao Fan has renewed concerns about Beijing's crackdown on entrepreneurs. Experts say the trend will cause investors to lose confidence in China.
In this edition we take you to a small Central American country of just 5 million people, but where nearly 100 percent of the electricity is produced from renewables. Costa Rica is the El Dorado of green energy, mainly due to its investment in hydropower and geothermal energy.
EU politicians hope a deal cutting energy consumption will fight climate change and curb the continent's reliance on Russian fossil fuels. It will go to the European Parliament and countries for a final vote.
The oil-rich US state of North Dakota is seeing an uptick in drilling due to the energy crisis. Wary of sustainable alternatives, locals hope the crisis will provide a long-term boost to the oil industry and the jobs that depend on it.
Ukraine's electricity supply has not collapsed despite Russian attacks on energy infrastructure. Energy supplier Ukrenergo says a mild winter, imports from the EU and more nuclear power have helped.
The EU's ambition is to turn hydrogen from a polluting niche market to a clean mass market. Renewable hydrogen is seen as crucial for Europe to meet its international climate commitments, and to limit its dependence on natural gas providers, be that Russia or other countries.
EU members split over nuclear energy inclusion in renewable portfolio. As the European Union is poisedto agree tougher targets to expand renewable energy by 2030, members remain split over whether to recognise nuclear power as a renewable energy source and allow it to contribute towards the EU's goals.
A warm winter with relatively little snow means less water flowing into Europe’s rivers come summer. This will require rethinking nuclear and hydropower production.
Tanzanian traders doing business in Kenya have raised concerns that the weekly demonstrations by the opposition are negatively affecting their business. Kenya is the main destination for Tanzania's corn exports.
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