The Sustainable Investment Forum Europe is organised by Climate Action
By: N. Peter Kramer
The latest agreement, New Start, between Russia and the US on limiting nuclear arms expires. The US (3700) and Russia (4300) together have about 8.000 nuclear warheads. China stood around 600 last year, but according to the Stockholm International Peace Research Institute (SIPRI), China could have nearly as many intercontinental ballistic missiles as Russia and the US by 2030.
US naval buildup in the Persian Gulf is putting pressure on the Ayatollahs, but it also raises the risk of military escalation, regional conflict, and dangerous miscalculation.
Current rules state that new vehicles sold from that date should be "zero emission", but carmakers, particularly in Germany, have lobbied heavily for concessions.
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