Germany must further tighten climate change law, top court rules Reuters 3 hrs ago
BERLIN, April 29 (Reuters) - Germany s highest court ruled key elements of a 2019 climate change law were unconstitutional, giving the government until the end of next year to further tighten it.
In a ruling published on Thursday, the German Constitutional Court said the law as passed was insufficient as it failed to make sufficient provision for further carbon dioxide emissions cuts from 2031.
The major climate protection package, a signature policy passed after much haggling between Chancellor Angela Merkel s conservatives and her Social Democrat coalition partners, aims to ensure Germany will meet its 2030 target for cutting greenhouse gas emissions. (Reporting by Thomas Escritt, editing by Kirsti Knolle)
Speakers
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ECB’s De Guindos (Spain) stated that was expecting a strong activity increase in H2. Inflation could be above 2% by end-2021 due to temporary factors. Saw moderation in inflation in 2022. Reiterated stance that best to err on the side of caution on when to begin removing stimulus.
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ECB s Elderson (Netherlands; SSM member) stated that banks need to play pivotal role in greening economy.
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Turkey Central Bank (CBRT) Gov Kavcioglu QIR press conference reiterated stance to maintain a tight monetary policy as it would act as a buffer. Increasing global inflation expectations is putting pressure on emerging market currencies.
Top court orders German govt to set post-2030 climate goals
BERLIN (AP) - Germany s top court has ruled that the government has to set clear goals for reducing greenhouse gas emissions after 2030, arguing that current legislation doesn t go far enough in curbing climate change.Several individuals backed by environmental groups had filed a complaint to the Constitutional Court arguing .
9 hours ago|Washington, United States
abc NewsL
Germany s top court has ordered the government to set clear climate goals for the period after 2030
Germany s top court has ordered the government to set clear climate goals for the period after 2030
5 hours ago|United States
Date:Â 29/04/2021
When the dust finally starts settling from the COVID-19 crisis, von der Leyen will have to refocus on her original agenda. Will she deliver?
Fast-forward five months, Commission President von der Leyen will deliver her second State of the Union address. In effect, it will be her mid-mandate speech and chance to turn the corner from her disappointing management of the pandemic. New waves of the virus might still hit, but by then, vaccinations levels will likely offer Europeans and EU institutions the long-sought reprieve to focus on recovery and the future.
At its inception, von der Leyenâs Commission formulated bold and inspiring promises: a European Green Deal and climate neutrality by 2050; making the 2020s Europeâs Digital Decade; a stronger, geopolitical Europe. The seven-year Next Generation EU budget and its â¬672.5 billion Recovery and Resilience Facility (RRF) increase the means to deliver on these substantially.