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One year of Germany's Supply Chain Act — some progress made – DW – 04/12/2024

A year ago, the German Supply Chain Act came into effect to combat child labor, starvation wages, and environmental destruction that consumers benefit from. Has it worked?

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German industrial orders see slight uptick in February-Xinhua

German industrial orders see slight uptick in February-Xinhua
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Berlin , Germany , German , Tanja-goenner , Statistical-office-destatis , German-chamber , German-economic-institute , Xinhua , Federation-of-german-industries , Federal-statistical-office , German-industries ,

German Bundesrat greenlights 3.2-bln-euro growth package

German Bundesrat greenlights 3.2-bln-euro growth package
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German Bundesrat greenlights 3.2-bln-euro growth package-Xinhua

German Bundesrat greenlights 3.2-bln-euro growth package-Xinhua
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Germany faces business resistance as it passes draft law on red tape

Germany faces business resistance as it passes draft law on red tape
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Germany launches bidding for carbon contracts to support climate-friendly industrial production

Germany's vice chancellor on Tuesday launched a program initially worth up to 4 billion euros ($4.4 billion) to help heavy industry shift to more climate-friendly production over a 15-year period. Germany, which is home to many energy-intensive industries as Europe's biggest economy, aims to cut its greenhouse gas emissions to net zero by 2045. The government, which says industry accounts for about one-fifth of the country's emissions, says Germany is the first in the European Union to launch the so-called “carbon contracts for difference.”

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Germany opens programme for climate overhaul of heavy industry

Energy-intensive companies in Germany can now apply for new state energy subsidies potentially worth billions of dollars. Under the climate contracts, the German government will finance investments to convert industries to new, more climate-friendly production processes and initially cover additional costs incurred. The companies are expected to pay the money back once those new production processes become cheaper to operate and more competitive on the open market. Germany's Economy Ministry ann

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Germany Launches Bidding for Carbon Contracts to Support Climate-Friendly Industrial Production

Germany Launches Bidding for Carbon Contracts to Support Climate-Friendly Industrial Production
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Porsche strengthens grip on Stuttgart after board president change

German car maker Porsche has continued to exert control over Bundesliga side VfB Stuttgart by getting its way over a new president for the club's supervisory board. The side, who sit third in the Bundesliga after enjoying a surprisingly strong season so far, said in a statement on Tuesday that Porsche pick Tanja Gönner - the managing director of the Federation of German Industries (BDI) - would replaced Claus Vogt. Vogt, who had been president since 2019, will remain a member of the supervisory

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