UK and EU at risk of losing green energy projects to US unless investment matched, renewable firms warn January 18, 2023 The UK and European Union are at risk of losing green energy projects to the US - if they fail to match its new investment environment.
Brexit: Protocol ‘too strict’ and mistakes made on all sides, Ireland’s Varadkar says January 3, 2023 Brexit mistakes were made on all sides according to Ireland’s Taoiseach Leo Varadkar, but vowed to be “flexible and reasonable” when attempting to solve issues with the Northern Ireland Protocol. He conceded that the post-Brexit protocol is “too strict” and said he understands unionist concerns that the treaty has made them feel less British. Mr [...]
EU faces €100bn bill to stave off blackouts next winter, warns IEA December 12, 2022 The European Union faces a €100bn bill to stave off supply shortages next winter, warned the International Energy Agency.
Airlines call on EU to include polluting flights in CO2 pricing scheme December 7, 2022 Airlines have called on the EU Commission to include long-haul and more polluting flights into its environmental regulation. The comments come on the heels of the Commission announcing that EU airlines will pay more for their CO2 emissions. “Yet again the Commission led by Ursula von der Leyen has abandoned the environment and Europe’s ordinary [...]
Poles apart? EU closes in on Russian oil price cap but awaits Poland’s approval December 1, 2022 The EU is poised to agree a $60 price cap for Russian seaborne oil shipments, with Poland the only remaining holdout.
Boris Johnson tells leaders at Cop27 to not ‘to go weak on net zero’ November 7, 2022 Boris Johnson has today told world leaders that now is “not the moment to go weak on net-zero” at the Cop27 climate summit in Egypt. Referencing the global energy crisis, the former Prime Minister said “much damage has been done in just one year to our common purpose of tackling man-made climate change” but that [...]
Modi, Biden, Zelensky and Macron lead global congratulations for PM Rishi Sunak October 25, 2022 World leaders including President Joe Biden, India’s Narendra Modi and France’s Emanuel Macron have congratulated Rishi Sunak on his rise to be Prime Minister. Presidents and prime ministers committed to continue working with the new PM to tackle chaos caused by the war in Ukraine. In India, where Sunak’s family originated from, there was elation [...]
Sanctions on Russia are on a collision course with Europe’s green ambitions October 14, 2022 These days, Europe is seen as the weak link in the developed economic world. The European stock market is underperforming its US rival, down 22 per cent year-to-date. Even risky emerging markets are doing better. Likewise, Europe’s surging inflation rates, in countries like Germany and Spain (not to mention what the UK is going through), [...]
EU Commission urges member states to agree gas price cap October 5, 2022 Ursula von der Leyen will push eu leaders to reach an agreement for a gas price cap following weeks of disagreements.
EU brings in windfall tax but bloc divided over gas price caps October 1, 2022 The EU has confirmed it will impose a windfall tax on energy firms' profits, as the bloc grapples with a cost of living crisis crunch this winter.