AGP Executive Report
Last update: 9 hours agoHeat & Records: EU scientists say Western Europe just logged its hottest June on record, with late-June extremes disrupting power and closing schools—another reminder that Germany’s heat risk is rising fast. Cooling Demand & Trade Debate: As Europe swelters, Chinese-made air conditioners are flying off shelves; a Xinhua commentary argues the “China overcapacity” narrative misses the point that buyers want affordable, available cooling. Direct Air Capture in Germany: Ucaneo opened Germany’s largest direct air capture plant, pushing carbon removal into the spotlight as heat and emissions pressures mount. Semiconductors for the energy transition: Infineon opened its Smart Power Fab in Dresden, aiming to supply power chips for EVs, data centers, and renewable energy—key hardware for electrification. Water Security Deal: Jordan and Germany signed a €22.7m debt-swap to support Jordan’s National Water Carrier Project, including desalination and distribution for drinking water. Climate science update: EU Copernicus data links the June warmth to a warmer ocean and more intense heatwaves, raising risks for people, ecosystems, and infrastructure.
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