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RWE urges gas-fired power plant push in Germany
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Trump victory raises risk of investing in offshore wind projects, says RWE
German energy firm shaves €3bn from spending plans for next financial year to €7bn
A German energy firm has said that Donald Trump’s election victory has increased the risks of investing in offshore wind projects – but his return to the White House could help bolster Britain’s renewables sector, according to UK developer SSE.
Germany’s RWE has cut its spending plans and warned that, as a result of the US election, “the risks for offshore wind projects have increased”.
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Hobart, Darwin and Canberra ranked among top 10 global cities with lowest air pollution
Sydney was worst-ranked Australian city at 150th, receiving a poorer score than London
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Three Australian cities are among the top 10 global cities with the lowest levels of air pollution, according to analysis of nearly 400 cities worldwide.
Hobart (third), Darwin (fourth) and Canberra (10th) topped the list, based on air pollution data analysed by Auto Trader, an online vehicle trading site.
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Soaring grocery prices helped Trump to victory. The climate crisis is only going to make this worse | James Meadway
From olive oil to butter, extreme weather is pushing up the cost of living and having a dramatic political impact. Economists need a solution
In the US, where Donald Trump swept the board last week, it was the experience of sharply increasing essentials prices, from food to energy, that glued together the Republicans’ new electoral coalition. About 75% of those voting Republican reported that they had faced “hardship” or “severe hardship” as a result of price rises; only 25% of Democrats said the same. When Trump asked if Americans felt better now than they did four years ago, the answer for most was a clear no.
Price surges are having political impacts. In elections this year in three of the world’s largest economies, incumbent parties were hammered by voters angry about their helplessness in the face of the steeply rising cost of essentials.
James Meadway is director of the Progressive Economy Forum
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