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Oil rises as Germany pledges economic stimulus, OPEC slashes output

3 days ago DieselGasoil Comments Off on Oil rises as Germany pledges economic stimulus, OPEC slashes output
New York — Crude futures edged higher Friday as Germany’s leadership pledged to undertake economic stimulus measures and OPEC reported sharply lower crude output in July. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now NYMEX September WTI settled up 40 cents at $54.87/b and ICE October Brent was 41 Read More

Norway stops Amazon fund contribution in dispute with Brazil

4 days ago DieselGasoil Comments Off on Norway stops Amazon fund contribution in dispute with Brazil
OSLO (Reuters) – Norway has suspended donations supporting projects to curb deforestation in Brazil after the country’s right-wing government blocked operations of a fund receiving the aid, the Norwegian ministry of climate and environment said on Thursday. Norway has worked closely with Brazil to protect the Amazon rainforest for more than a decade and has Read More

Germany plans CO2 pricing to help with climate goals: Merkel

6 days ago DieselGasoil Comments Off on Germany plans CO2 pricing to help with climate goals: Merkel
FILE PHOTO: German Chancellor Angela Merkel speaks during a news conference with Finland’s new Social Democrat Prime Minister Antti Rinne, at the Chancellery in Berlin, Germany, July 10, 2019. REUTERS/Hannibal Hanschke STRALSUND (Reuters) – Germany will introduce some sort of carbon emissions pricing to achieve its climate goals, Chancellor Angela Merkel said on Tuesday, adding Read More

Austrian ‘Russiagate’ victim, resigned Vice-Chancellor Strache reveals behind-the-scenes play to RT

1 week ago DieselGasoil Comments Off on Austrian ‘Russiagate’ victim, resigned Vice-Chancellor Strache reveals behind-the-scenes play to RT
A clip where Austrian ex-vice-chancellor supposedly fell into a trap with fake “Russian money” succeeded in breaking up the right-wing coalition. But Heinz-Christian Strache says he’ll return to politics once his name is cleared. Speaking to RT Deutsch in his first detailed interview since the scandal erupted in May, Strache revealed the behind-the-scenes promises allegedly Read More

Greens accuse Merkel of ‘voodoo fiscal policy’, want new debt for climate plan

1 week ago DieselGasoil Comments Off on Greens accuse Merkel of ‘voodoo fiscal policy’, want new debt for climate plan
BERLIN (Reuters) – The leader of Germany’s surging Greens party, a likely coalition partner in any new government, raised the pressure on Chancellor Angela Merkel’s conservatives on Monday to ditch their balanced budget goal and finance a climate protection plan with new debt. FILE PHOTO: Germany’s Greens party leader Robert Habeck addresses a news conference Read More

‘Feels wrong?’ Elites’ darling Greta Thunberg poses next to German ‘eco-extremist’

1 week ago DieselGasoil Comments Off on ‘Feels wrong?’ Elites’ darling Greta Thunberg poses next to German ‘eco-extremist’
The young Swedish environmentalist, Greta Thunberg, who has found attentive audiences among Western elites and media alike, has flabbergasted a German politician and police by posing with a masked “left-wing extremist.” Thunberg, 16, who rose to fame last year after organizing school strikes against climate change and has since attended an array of high-level meetings Read More

Exclusive: Germany eyes fiscal U-turn with new debt to finance climate plan

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BERLIN (Reuters) – Germany is considering ditching its long-cherished balanced budget policy to help finance a costly climate protection program with new debt, a senior government official said. The Brandenburg Gate is reflected in a puddle in Berlin, Germany, August 8, 2019. REUTERS/Fabrizio Bensch – RC18D5D4F010 Chancellor Angela Merkel’s government has managed to raise public Read More

Exclusive: Germany eyes fiscal U-turn to finance climate protection plan – official

2 weeks ago DieselGasoil Comments Off on Exclusive: Germany eyes fiscal U-turn to finance climate protection plan – official
BERLIN (Reuters) – Germany is considering ditching its long-cherished balanced budget policy to help finance a costly climate protection program with new debt, a senior government official said. The Brandenburg Gate is reflected in a puddle in Berlin, Germany, August 8, 2019. REUTERS/Fabrizio Bensch – RC18D5D4F010 Chancellor Angela Merkel’s government has managed to increase public Read More

Exclusive: Germany mulls fiscal policy U-turn, eyes new debt for climate protection: official

2 weeks ago DieselGasoil Comments Off on Exclusive: Germany mulls fiscal policy U-turn, eyes new debt for climate protection: official
BERLIN (Reuters) – Germany is mulling a fiscal policy U-turn and considering ditching its long cherished balanced budget goal by issuing new debt to finance a costly climate protection package, a senior government official told Reuters on condition of anonymity. “The challenge now is how to shape such a fundamental shift in fiscal policy without Read More

Sausage-loving Germans chew over meat tax plan

2 weeks ago DieselGasoil Comments Off on Sausage-loving Germans chew over meat tax plan
BERLIN (Reuters) – German lawmakers on Wednesday proposed raising the sales tax on meat to help protect the climate and improve animal welfare, kindling a debate in a country renowned for its love of sausages. FILE PHOTO: A waiter carries plates with sausages in a tent during the 182nd Oktoberfest in Munich, Germany, September 19, Read More