Volkswagen, a carmaker, told its 40,000 suppliers to cut emissions or risk losing its custom. Plenty of investors, meanwhile, say they are worried about being saddled with worthless stakes in coal-fired power plants if carbon taxes eventually bite. The Economist
The dollar has in recent years amassed greater stature as the favored repository for global savings, the paramount refuge in times of crisis and the key form of exchange for commodities like oil. New York Times
If you’ve heard a lot recently about the Green New Deal but still aren’t quite sure what it is, you are not alone. After all, it has been trumpeted by its supporters as the way to avoid planetary destruction, and vilified by opponents as a socialist plot to take away your ice cream. New York Times
The goals of the far-reaching plan to tackle climate change and economic inequality are within the realm of technological possibility, several energy experts and economists said in recent interviews. New York Times
Austria is a producer of car parts, and Mr. Kurz has proposed himself as an intermediary between Mr. Trump and Ms. Merkel, whose relationship — never warm — has hardened. New York Times
Panic might seem counterproductive, but we’re at a point where alarmism and catastrophic thinking are valuable, for several reasons. New York Times
Wind, solar and storage are on the cusp of collaborating to provide near carbon-free energy at cost equal to the cheapest fossil fuels, according to MIT chemist and former CIA director John Deutch. Forbes
The lawsuit, California et al. v. Trump et al., says that the plaintiff states are going to court to protect their residents, natural resources and economic interests. New York Times
Two European entrepreneurs want to remove carbon from the air at prices cheap enough to matter. New York Times
One reason for the slowdown was conflict over trade. American tariffs are hurting German steel makers’ sales, and Germany is also experiencing collateral damage caused by a trade war between China and the United States. New York Times
© Stefan P. Schleicher 2019
