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Green Deal

Green Deal

EU’s ‘Green Deal’ guru detects hints of U.S. climate shift

DAVOS, Switzerland (Reuters) - There are signs U.S. President Donald Trump is starting to engage more seriously on climate change and listening to the concerns of corporations, the European Commission’s vice-president and head of its ‘Green Deal’ said on Thursday. Frans Timmermans, who is driving the Commission’s work on a…
bubmag
January 23, 2020
Green Deal

EU Parliament Greenlights EIB Gas Funding

Getty The European Parliaments energy committee today declined to reject a proposed list of priority energy project eligible for funding from the European Investment Bank despite critics saying it violates an EIB pledge to phase out fossil fuel lending. Las…
bubmag
January 22, 2020
Green Deal

Von der Leyen calls world leaders to action on climate in Davos

Latest2/22/20, 3:05 PM CETPolitical factions in Germany’s Thuringia strike compromise dealThe former state premier will return to run a minority government until fresh elections next year.2/22/20, 2:30 AM CETHamburg vote offers boost for beleaguered SPDDespite national troubles, the center-left party is poised to hold on to power in German port…
bubmag
January 22, 2020
Green Deal

Who Pays for the Green Deal?

As laudable as they are, the European Commission's proposals for addressing climate change rely overwhelmingly on forms of financing that violate EU rules. Because the Commission is barred from assuming debt, the European Investment Bank will do so on its beh…
bubmag
January 21, 2020
Green Deal

EU to lay out trillion-euro ‘Green Deal’

Going green can be a costly business, as the EU's executive body will make clear on Tuesday when it launches a one-trillion-euro plan to finance its goal of making the bloc carbon neutral by 2050. That figure represents a 10-year investment to be sourced fro…
bubmag
January 14, 2020