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German Economic and Climate Protection Minister Habeck at BMW in Munich

BMW chief warns against setting gas-powered phase-out date

Setting a date to phase out gas-powered vehicles could remove "cheap cars" from the market, putting ownership out of reach for many, and be politically dangerous, the board chair of German automaker BMW Oliver Zipse said on Wednesday.
General view of hotels, banks and office buildings by the Nile River after an interview about the COP27 summit in Cairo

About 90 heads of state confirmed for COP27 climate summit

About 90 heads of state have confirmed attendance at November's COP27 climate negotiations in Egypt where they will address issues including energy transition and food security at opening sessions, a senior Egyptian official said on Monday.