Tag: Raw materials

  • G7 vows more effort on renewables but sets no coal phaseout deadline

    G7 vows more effort on renewables but sets no coal phaseout deadline

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    The Group of Seven richest countries set higher 2030 targets for generating renewable energy, amid an energy crisis provoked by Russia’s war on Ukraine, but they set no deadline to phase out coal-fired power plants.

    At a meeting hosted by Japan, ministers from Japan, the U.S., Canada, Italy, France, Germany and the U.K. reaffirmed their commitment to reach zero carbon emissions by the middle of the century, and said they aimed to collectively increase solar power capacity by 1 terawatt and offshore wind by 150 gigawatts by the end of this decade.

    “The G7 contributes to expanding renewable energy globally and bringing down costs by strengthening capacity including through a collective increase in offshore wind capacity … and a collective increase of solar …,” the energy and environment ministers said in a 36-page communiqué issued after the two-day meeting.

    “In the midst of an unprecedented energy crisis, it’s important to come up with measures to tackle climate change and promote energy security at the same time,” Japanese industry minister Yasutoshi Nishimura told a news conference, according to Reuters.

    The ministers’ statement also condemned Russia’s “illegal, unjustifiable, and unprovoked” invasion of Ukraine and its “devastating” impact on the environment. The ministers vowed to support a green recovery and reconstruction in Ukraine.

    They also published a five-point plan for securing access to critical raw materials that will be crucial for the green transition.

    Before the meeting, Japan was facing criticism from green groups over its push to keep the door open to continued investments in natural gas, a fossil fuel. The final agreed text said such investments “can be appropriate” to deal with the crisis if they are consistent with climate objectives.

    The ministers’ meeting in the northern city of Sapporo comes just over a month before a G7 leaders’ summit in Hiroshima.



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    ( With inputs from : www.politico.eu )

  • Germany, Japan pledge to boost cooperation on economic security

    Germany, Japan pledge to boost cooperation on economic security

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    Germany and Japan agreed on Saturday to strengthen cooperation on economic security in the aftermath of tensions over global supply chains and the economic impact of the war in Ukraine.

    In the first high-ministerial government consultations held between the two countries, German Chancellor Olaf Scholz reached out to Tokyo to seek to reduce Germany’s dependence on China for imports of raw materials.

    “The current challenges of our time make it clear: It is important to expand cooperation with close partners and acquire new partners. We want to reduce dependencies and increase the resilience of our economies.” the German chancellor said in a tweet.

    Scholz and Japanese Prime Minister Fumio Kishida said they believe the agreement will allow both countries to diversify value chains in order to be able to reduce economic risks.

    In a joint statement, the two countries said they will work on establishing “a legal framework for bilateral defense and security cooperation activities,” including ways to protect critical infrastructures, trade routes and to secure future supply of sustainable energy.

    Germany’s decision to prioritize consultations with Japan came after the Asian country put forward an economic security bill last year aimed at securing the uptake of technology and bolstering critical supply chains. 

    Japan is Germany’s second-largest trading partner in Asia after China, with a bilateral trade volume of €45.7 billion mainly based on the import and export of machinery, vehicles, electronics and chemical products.

    The two leaders also exchanged views on the situation in Ukraine, cooperation in the Indo-Pacific region and the G7 meeting in Hiroshima scheduled for May.



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    ( With inputs from : www.politico.eu )

  • German chancellor vows ‘leadership’ with call to further arm Ukraine

    German chancellor vows ‘leadership’ with call to further arm Ukraine

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    MUNICH — Countries able to send battle tanks to Ukraine should “actually do so now,” German Chancellor Olaf Scholz said Friday, trying to rally support for a Europe-wide fleet of tank donations.

    Speaking at the opening of the Munich Security Conference, a gathering of global political and security leaders, Scholz said “Germany acknowledges its responsibility for the security of Europe and the NATO alliance area, without ifs and buts.”

    This is, he added, “a responsibility that a country of Germany’s size, location and economic strength has to shoulder in times like these.”

    Concretely, the chancellor said Germany would “permanently” adhere to the NATO goal of spending 2 percent of its economic output on defense — a target that Berlin is currently set to miss this year and probably also next year, despite a massive €100 billion special fund for military investment.

    Germany needs to boost its defense industry and switch to “a permanent production of the most important weapons we are using,” the chancellor added.

    Scholz’s remarks came just hours after his defense minister, Boris Pistorius, told reporters in Munich Germany must commit to even higher spending targets to follow through on its security pledges.

    “It must be clear to everyone: It will not be possible to fulfill the tasks that lie ahead of us with barely two percent,” Pistorius said.

    Western allies are gathering in Munich for a series of high-level talks focused primarily on the war in Ukraine, one year after Russia invaded the Eastern European country.

    Scholz said it would be “wise to prepare for a long war” and to send a clear message to Russian President Vladimir Putin that he’s making “a miscalculation” if he is counting on Ukraine’s Western allies eventually growing war-weary and pulling back from their military support.

    The German chancellor said Ukraine’s allies with German-made, modern Leopard 2 tanks in their stocks should join Berlin in delivering them to Ukraine, adding that his government would use the three-day Munich conference to “campaign intensively for this.”

    The German chancellor himself hesitated for months over whether to send Leopard 2 tanks, only changing course last month, when he vowed to build an international alliance that would give Ukraine 80 of the German-built tanks.

    But he is struggling to deliver on that commitment. Some allies like Finland are dragging their feet on tank donations, while others like Portugal are not sending as many as Berlin had hoped.

    Other countries like Poland or Spain are only sending an older version of the tank, the Leopard 2 A4. Scholz said he hopes “some more will also join” Germany in sending the more modern Leopard 2 A6.

    Scholz also said that Germany “will do everything it can to make this decision easier for our partners,” offering to provide logistical support or training Ukrainian soldiers on the tanks. “I see this as an example of the kind of leadership which everyone is entitled to expect from Germany — and I expressly offer it to our friends and partners.”

    Just before Scholz spoke, Ukrainian President Volodymyr Zelenskyy warned that “speed is crucial,” underscoring the German leader’s point.



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    ( With inputs from : www.politico.eu )

  • NATO chief to Europe: Time to talk China

    NATO chief to Europe: Time to talk China

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    MUNICH — Wake up, Europe. We must face the China challenge.

    That was NATO Secretary-General Jens Stoltenberg’s message on Saturday for the global security elite gathered at the Munich Security Conference. 

    The military alliance chief directly linked Russia’s war in Ukraine to China, hinting at concerns about Beijing launching a war on Taiwan, the self-governed island Beijing still claims.

    “What is happening in Europe today,” he cautioned, “could happen in east Asia tomorrow.”  

    Moscow, Stoltenberg underscored, “wants a different Europe” while Beijing “is watching closely to see the price Russia pays — or the reward it receives for its aggression.”  

    “Even if the war ends tomorrow,” he added, “our security environment is changed for the long term.”

    Stoltenberg’s remarks come against the backdrop of a broader conversation among Western allies about how to approach China as it makes revanchist military threats toward Taiwan and pumps up its own industries with government help. 

    While countries like the U.S. have pushed allies to keep a closer eye on Beijing and distance themselves from China’s economy, others have expressed caution about turning China into such an unequivocal enemy.

    The NATO chief warned that Western allies must act united on both the military and economic fronts. 

    “The war in Ukraine has made clear the danger of over-reliance on authoritarian regimes,” he noted. 

    “We should not make the same mistake with China and other authoritarian regimes,” he said, calling on the West to eschew its dependence on China for the raw materials powering society. He also warned against exporting key technologies to the country. 

    And while focusing on external adversaries, Stoltenberg also implored NATO allies to avoid internal squabbling.  

    “We must not create new barriers between free and open economies,” he said.  

    “The most important lesson from the war in Ukraine,” he added, “is that North America and Europe must stand together.”



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    ( With inputs from : www.politico.eu )

  • In from the coal: Australia sheds climate pariah status to make up with Europe

    In from the coal: Australia sheds climate pariah status to make up with Europe

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    Europe loves the Aussies again. 

    Australia was, until recently, an international pariah on climate change and a punchline in Brussels. But a new government in Canberra coupled with Europe’s energy and economic woes mean a better relationship is now emerging — one that could fuel Europe’s transition to a clean economy, while enriching Australia immensely.

    “Europe is energy hungry and capital rich, Australia’s energy rich and capital hungry, and that means that there’s a lot that we can do together,” said Australia’s Minister for Climate Change and Energy Chris Bowen.

    A little over a year ago, relations between Australia and the EU were in a parlous state. The government of Prime Minister Scott Morrison had reneged on a nuclear submarine contract — a decision the current government stands by — incensing the French and by extension the EU. Equally as frustrating for many Europeans was Australia’s climate policy, which was viewed as outstandingly meager even in a lackluster global field.

    The election of Labor Prime Minister Anthony Albanese — whose father was Italian — last May brought a change in tone, as well as a new climate target and a trickle of policies designed to cut greenhouse gas pollution that heats up the planet.

    Those moves were “the entry ticket” to dealings with Europe, Bowen told POLITICO in Brussels, the second-last stop on a European tour. “Australia’s change of climate positioning, climate policy, has changed our position in the world.”

    That’s been most notable in progress on talks on a free trade agreement with the EU. Landing that deal would be a “big step forward,” said Bowen. Particularly because when it comes to clean energy, Australia wants to sell and Europe wants to buy.

    Using the vast sunny desert in its interior, Australia could be a “renewable energy superpower,” Bowen argued. Solar energy can be tapped to make green hydrogen and shipped to Europe, he said.

    European governments are listening closely to the pitch. Bowen was in Rotterdam on Monday, inspecting the potential to use the Netherlands port as an entry for antipodean hydrogen. He signed a provisional deal with the Dutch government to that end. Last week, Bowen announced a series of joint investments with the German government in Australian hydrogen research projects worth €72 million.

    It’s not just sun, Australia has tantalum and tungsten and a host of minerals Europe needs for building clean tech, but that it currently imports. In many cases those minerals are refined or otherwise processed in China, a dependency that Brussels is keen to rapidly unwind — not least with its Critical Raw Materials Act, expected in March.

    According to a 2022 government report, Australia holds the second-largest global reserves of cobalt and lithium, from which batteries are made, and is No. 1 in zirconium, which is used to line nuclear reactors.

    Asked whether Australia can ease Europe’s dependence on China, Bowen said: “We want to be a very strong factor in the supply chains. We’re a trusted, reliable trading partner. We have strong ethical supply chains. We have strong environmental standards.”

    But Australia has its own entanglements.

    Certain Australian minerals, notably lithium, are largely refined and manufactured in China. Bowen said he was keen on bringing at least some of that resource-intensive, polluting work back to Australia.

    While its climate targets are now broadly in line with other rich nations, the rehabilitation of Australia’s climate image jars with its role as one of the biggest fossil fuel sellers on the planet.

    Australia’s coal exports, when burned in overseas power plants, generate huge amounts of planet-warming pollution — almost double the amount produced annually by Australians within their borders. Australia is also the third-largest exporter of natural gas, including an increasing flow to the EU. At home, the government is facing calls from the Greens party and centrist climate independents to reject plans for more than 100 coal and gas developments around the country.

    But how many of Bowen’s counterparts raised the issue of Australia’s emissions during his travels around Europe? “Nobody,” he said. “We are here to help.”

    Antonia Zimmermann contributed reporting.



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    ( With inputs from : www.politico.eu )

  • Europe is running out of medicines

    Europe is running out of medicines

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    When you’re feeling under the weather, the last thing you want to do is trek from pharmacy to pharmacy searching for basic medicines like cough syrup and antibiotics. Yet many people across Europe — faced with a particularly harsh winter bug season — are having to do just that.

    Since late 2022, EU countries have been reporting serious problems trying to source certain important drugs, with a majority now experiencing shortages. So just how bad is the situation and, crucially, what’s being done about it? POLITICO walks you through the main points.

    How bad are the shortages?

    In a survey of groups representing pharmacies in 29 European countries, including EU members as well as Turkey, Kosovo, Norway and North Macedonia, almost a quarter of countries reported more than 600 drugs in short supply, and 20 percent reported 200-300 drug shortages. Three-quarters of the countries said shortages were worse this winter than a year ago. Groups in four countries said that shortages had been linked to deaths.

    It’s a portrait backed by data from regulators. Belgian authorities report nearly 300 medicines in short supply. In Germany that number is 408, while in Austria more than 600 medicines can’t be bought in pharmacies at the moment. Italy’s list is even longer — with over 3,000 drugs included, though many are different formulations of the same medicine.

    Which medicines are affected?

    Antibiotics — particularly amoxicillin, which is used to treat respiratory infections — are in short supply. Other classes of drugs, including cough syrup, children’s paracetamol, and blood pressure medicine, are also scarce.

    Why is this happening?

    It’s a mix of increased demand and reduced supply.

    Seasonal infections — influenza and respiratory syncytial virus (RSV) first and foremost — started early and are stronger than usual. There’s also an unusual outbreak of throat disease Strep A in children. Experts think the unusually high level of disease activity is linked to weaker immune systems that are no longer familiar with the soup of germs surrounding us in daily life, due to lockdowns. This difficult winter, after a couple of quiet years (with the exception of COVID-19), caught drugmakers unprepared.

    Inflation and the energy crisis have also been weighing on pharmaceutical companies, affecting supply.

    Last year, Centrient Pharmaceuticals, a Dutch producer of active pharmaceutical ingredients, said its plant was producing a quarter less output than in 2021 due to high energy costs. In December, InnoGenerics, another manufacturer from the Netherlands, was bailed out by the government after declaring bankruptcy to keep its factory open.

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    Commissioner Stella Kyriakides wrote to Greece’s health minister asking him to take into consideration the effects of bans on third countries | Stephanie Lecocq/EPA-EFE

    The result, according to Sandoz, one of the largest producers on the European generics market, is an especially “tight supply situation.” A spokesperson told POLITICO that other culprits include scarcity of raw materials and manufacturing capacity constraints. They added that Sandoz is able to meet demand at the moment, but is “facing challenges.”

    How are governments reacting?

    Some countries are slamming the brakes on exports to protect domestic supplies. In November, Greece’s drugs regulator expanded the list of medicine whose resale to other countries — known as parallel trade — is banned. Romania has temporarily stopped exports of certain antibiotics and kids’ painkillers. Earlier in January, Belgium published a decree that allows the authorities to halt exports in case of a crisis.

    These freezes can have knock-on effects. A letter from European Health Commissioner Stella Kyriakides addressed to Greece’s Health Minister Thanos Plevris asked him to take into consideration the effects of bans on third countries. “Member States must refrain from taking national measures that could affect the EU internal market and prevent access to medicines for those in need in other Member States,” wrote Kyriakides.

    Germany’s government is considering changing the law to ease procurement requirements, which currently force health insurers to buy medicines where they are cheapest, concentrating the supply into the hands of a few of the most price-competitive producers. The new law would have buyers purchase medicines from multiple suppliers, including more expensive ones, to make supply more reliable. The Netherlands recently introduced a law requiring vendors to keep six weeks of stockpiles to bridge shortages, and in Sweden the government is proposing similar rules.

    At a more granular level, a committee led by the EU’s drugs regulator, the European Medicines Agency (EMA), has recommended that rules be loosened to allow pharmacies to dispense pills or medicine doses individually, among other measures. In Germany, the president of the German Medical Association went so far as to call for the creation of informal “flea markets” for medicines, where people could give their unused drugs to patients who needed them. And in France and Germany, pharmacists have started producing their own medicines — though this is unlikely to make a big difference, given the extent of the shortfall.

    Can the EU fix it?

    In theory, the EU should be more ready than ever to tackle a bloc-wide crisis. It has recently upgraded its legislation to deal with health threats, including a lack of pharmaceuticals. The EMA has been given expanded powers to monitor drug shortages. And a whole new body, the Health Emergency Preparedness and Response Authority (HERA) has been set up, with the power to go on the market and purchase drugs for the entire bloc.

    But not everyone agrees that it’s that bad yet.

    Last Thursday, the EMA decided not to ask the Commission to declare the amoxycillin shortage a “major event” — an official label that would have triggered some (limited) EU-wide action— saying that current measures are improving the situation.

    A European Medicines Agency’s working group on shortages could decide on Thursday whether to recommend that the Commission declares the drug shortages a “major event” — an official label that would trigger some (limited) EU-wide action. An EMA steering group for shortages would have the power to request data on drug stocks of the drugs and production capacity from suppliers, and issue recommendations on how to mitigate shortages.

    At an appearance before the European Parliament’s health committee, the Commission’s top health official, Sandra Gallina, said she wanted to “dismiss a bit the idea that there is a huge shortage,” and said that alternative medications are available to use.

    And others believe the situation will get better with time. “I think it will sort itself out, but that depends on the peak of infections,” said Adrian van den Hoven, director general of generics medicines lobby Medicines for Europe. “If we have reached the peak, supply will catch up quickly. If not, probably not a good scenario.”

    Helen Collis and Sarah-Taïssir Bencharif contributed reporting.



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    ( With inputs from : www.politico.eu )