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EU’s costly plan to close the semiconductor gap

As semiconductor shortages continue to force carmakers to cut back production, the EU’s internal market commissioner Thierry Breton visited Japan and South Korea last week in search of international partnerships for the bloc’s planned “European Chips Act”. Formally unveiled last month by Commission president Ursula von der Leyen, this aims to bring the EU up…
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4 October 2021 0

Bitcoin will Eat Everything

Between 1990 and 2000 the Internet went from zero to really big numbers. During this period it had its fastest growth, growing at 63% a year. It had the fastest adoption compared to anything before it in history. Then the dotcom crash came and everyone said it was the end of the Internet. But actually,…
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4 October 2021 0

Electric vehicles: the revolution is finally here

This is the first part of an FT series analysing how the electric vehicle market is rapidly taking off At the start of the year, executives at electric carmaker Polestar drew up ambitious sales plans for the UK. Within weeks, they had to tear them up. Demand was rising so quickly that the new targets…
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4 October 2021 0

European gas crunch pushes up carbon price

Receive free Carbon trading updates We’ll send you a myFT Daily Digest email rounding up the latest Carbon trading news every morning. Europe’s escalating gas supply crunch has pushed up the price of allowances linked to carbon emissions as energy producers switch over to cheaper but dirtier coal. EU carbon allowances last week topped €65…
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4 October 2021 0

European gas crunch pushes up price of carbon offsets

Receive free Carbon trading updates We’ll send you a myFT Daily Digest email rounding up the latest Carbon trading news every morning. Europe’s escalating gas supply crunch has pushed up the price of allowances linked to carbon emissions as energy producers switch over to cheaper but dirtier coal. EU carbon allowances last week topped €65…
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4 October 2021 0