The latest figures on German gross domestic product (GDP) are far from reassuring. Output was 0.3% lower in 2023 than the year before, turning Germany into the worst-performing large economy in the world. By comparison, the International Monetary Fund (IMF)‘s latest calculations show the US economy growing 2.1% in 2023 and China 5%. The European […]
How to design clean energy subsidies that work – without wasting money on free riders
The planet is heating up as greenhouse gas emissions rise, contributing to extreme heat waves and once-unimaginable flooding. Yet despite the risks, countries’ policies are not on track to keep global warming in check. The problem isn’t a lack of technology. The International Energy Agency recently released a detailed analysis of the clean energy technology […]