• Europe’s Green Deal Fails Its First Test

    • Date: 13/12/19
    • The Verge

    The European Union couldn’t agree on a 2050 deadline for slashing greenhouse gas emissions In a stunning disappointment to environmentalists, a bid to cut the European Union’s greenhouse gas emissions to nearly zero by 2050 flopped at a key summit in Brussels. Today’s decision was the first test of whether the newly proposed European Green […]

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  • Europe’s Green Deal Runs Into Trouble Amid Spat Over Cost

    • Date: 12/12/19
    • Bloomberg

    A radical plan to turn Europe into the world’s first climate-neutral continent is running into opposition right out of the gate. Governments from the East of the European Union are threatening to torpedo a pledge to eliminate net carbon emissions by 2050 unless they are guaranteed more help in financing the transition. The airline industry signaled it’s ready […]

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  • At Last! Group Of EU States Reject Green Finance Law In Setback For Climate Goals

    • Date: 11/12/19
    • Reuters

    BRUSSELS (Reuters) – European Union states have rejected a set of rules governing which financial products can be called “green” and “sustainable”, an EU official said, in a major setback for the bloc’s climate ambitions. The decision overturned a deal struck just last week by EU lawmakers and the Finnish presidency of the EU, which […]

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  • EU Divided Over Cost Burden Of Climate Deal

    • Date: 10/12/19
    • EurActiv

    Eastern European countries, backed by trade unions, are putting pressure on EU leaders to come up with “fresh money” to support the energy transition in coal-dependent regions as part of a Green Deal due to be unveiled this week. As the European Commission prepares to outline its Green Deal on Wednesday (11 December), worries are […]

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  • Socialist Energy System Close to Collapse in South Africa

    • Date: 10/12/19
    • Bloomberg

    South Africa’s flagging economy could face a second recession in as many years due to a new wave of nationwide power cuts. Eskom Holdings SOC Ltd., the state-owned power utility seen by Goldman Sachs Group Inc. as the biggest threat to the country’s economy, started a fifth day of rolling blackouts on Monday due to […]

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  • COP25 Climate Summit Won’t Achieve Much, German Govt Warns

    • Date: 09/12/19
    • Clean Energy Wire

    The German delegation has dampened widespread climate activists’ hopes that a large number of countries will use the COP25 in Madrid to announce more ambitious Nationally Determined Contributions (NDCs) to the Paris Agreement. “I don’t believe there will be a wave of countries increasing their ambitions,” state secretary Jochen Flasbarth of Germany’s environment ministry said during a briefing with reference […]

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  • Green Suicide: Germany’s Industry In Freefall

    • Date: 07/12/19
    • The Daily Telegraph

    Its main industry is in freefall. Its political system is descending into chaos. The banking system is in crisis, and consumer demand is stuck in the doldrums. Which country? It is, of course, Germany. With every week that passes there are more and more signs of a deep malaise in its economy. The nation once known […]

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  • Winning: Revolt Brewing Against EU’s ‘Unrealistic’ Climate Goals

    • Date: 05/12/19
    • EurActiv

    Czech Prime Minister Andrej Babiš has threatened to veto Europe’s goal of becoming the first climate-neutral continent in the world by 2050, adding his voice to a growing chorus of discontent as EU leaders prepare for heated climate discussions at a summit in Brussels next week. In a letter to European Commission President Ursula von […]

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