Climate Policy Watch: The European Commission is set to unveil a major overhaul of the EU’s Emissions Trading System (ETS), with industry and several EU governments pushing for relief as free allowances are phased out and the emissions cap tightens toward 2039. Heat & Health: A Guardian report highlights record-breaking heat across Europe, including Austria and Germany, raising concerns about how people stay cool and what governments must do as summers intensify. Austria Energy Transition: OMV received a €450m EIB loan for a 140 MW “green” hydrogen plant at Schwechat, aiming to cut refinery CO₂ and produce up to 23,000 tons of renewable hydrogen from 2027. Vienna Infrastructure: Doka is supplying formwork systems for Vienna’s U2xU5 metro expansion, including complex underground station and tunnel structures for the first fully automated metro line. Air Travel vs Emissions: A Swiss NGO-backed initiative proposes taxing flights departing Switzerland and returning most proceeds as vouchers for trains, buses and trams—sparking airline pushback. Wildlife/Health Tech: Austrian-American BioCraft Pet Nutrition published a public safety dossier for cultivated meat ingredients for pet food, arguing for clearer minimum disclosure standards. Air Quality Alert: Wildfire smoke is expected to trigger “Code Red” unhealthy air in the D.C. region on Friday, with health agencies urging people to limit outdoor activity.