Immediate Trade

Germany kicking the can…

Cover Image for Germany kicking the can…
Greg P
Greg P
Posted underEnergyfossil fuelsfossil fueslsgermanyrenewable energyweather

https://www.kob.com/news/business-money/german-government-puts-off-vote-on-a-contentious-heating-plan-until-september/

Germany’s governing coalition has delayed a vote on legislation aimed at encouraging the replacement of fossil fuel heating systems until September. The decision came after the country’s top court rejected plans to push the bill through parliament this week. The court’s ruling was an obstacle for Chancellor Olaf Scholz’s coalition, hampering its attempts to move on from a long-standing dispute over a central climate policy plan. The government intended to pass the legislation before parliament’s summer recess, but the court’s injunction prevented lawmakers from considering it. The coalition has now scheduled a vote in early September during parliament’s next regular session. The legislation aims to replace old fossil-fuel heating systems with alternatives such as heat pumps and requires the installation of new heating systems that are at least 65% powered by renewable energy.


More Stories

Cover Image for DELL on Business Building

DELL on Business Building

Michael Dell shares insights into his early fascination with technology and entrepreneurship , sparked at the age of 16 when he took apart an IBM computer. Initially pursuing a premed path at the University of Texas, Dell’s growing success in his computer venture led him to pivot focus towards technology, resulting in rapid growth for Dell Computer […]

Greg P
Greg P
Cover Image for The Business of NCAA Football

The Business of NCAA Football

“You Will Never Look at College Football the Same” Michael MacKelvie explores the distinctive nature of college football, emphasizing its rich traditions and community connections amid a commercial landscape that increasingly prioritizes financial gain over local rivalries and fan engagement. It contrasts the collegiate sport’s lack of parity with the NFL’s structured fairness, highlighting the deep emotional […]

Greg P
Greg P