Spiegel Online reports here: Australia’s Great Barrier Reef is rapidly losing its coral, to the point that UNESCO may soon place the natural wonder on its “in danger” list. Climate change is one culprit, but so is the country’s booming extraction industry. Environmentalists warn that time is running out for the reef.
Spiegel Online reports here: The European Commission has approved tariffs on Chinese-made solar panels in response to complaints of price-dumping. However, analysts say the move will do little more than give European companies a short-lived boost, and that the levy will mainly just increase prices and decrease use of solar power.
Spiegel Online reports here: German Chancellor Angela Merkel demanded an international climate deal by 2015 on Monday. Yet at home, she has declined to push for badly needed fixes to Europe’s ailing carbon cap-and-trade program. She is putting off the toughest decisions until after fall elections.