China renews subsidies for shale gas exploration

China will renew subsidies on shale gas exploration as part of efforts to optimize the country's energy structure.

Beijing city raises subsidies for scrapping polluting vehicles

Beijing car owners with emissions-heavy models can now earn more money from scrapping their vehicles after the city raised its subsidy for doing so by an average of 2,000 yuan (321.8 US dollars), environmental protection authorities said Tuesday.

Germany seeks to trim subsidies for renewable energy

Germany's economy and energy minister laid out Tuesday proposals to curb renewable energy subsidies and cap electricity prices but opponents fear they could jeopardise the country's much vaunted green energy transition.
Just weeks after taking over as Economy and Energy Minister in Chancellor Angela Merkel's left-right "grand coalition", Social Democrat Sigmar Gabriel presented a blueprint to meet what he described as "the biggest challenge currently facing our country."
He wants to start by trimming subsidies for renewable sources of energy, a keystone in the so-called energy transition that Europe's top economy embarked on 15 years ago under its then Social Democrat chancellor Gerhard Schroeder.