Green Deal

The European Commission is pledging to keep its ecological ambition intact as it tries to bounce back from the economic crisis triggered by the coronavirus crisisBy SAMUEL PETREQUIN Associated PressMay 28, 2020, 12:44 PM3 min readBRUSSELS -- The European Commission pledged Thursday to stay away from fossil-fueled projects in its…

By: Bloomberg | Published: May 28, 2020 4:29:59 pm Workers from Sud Energies Renovables SL install solar panels onto the roof of a residential property in Sant Vicenc de Torello, Spain, on Friday, Feb. 21, 2020. Spain installed 5,048 megawatts of solar photovoltaic projects in 2019. (Image source: Bloomberg)The European…

(Bloomberg Opinion) -- The European Union’s pandemic recovery plan has all the hallmarks of a historic leap in the dark for the 27-member bloc.It aims to unleash as much as 750 billion euros ($826 billion) of fiscal stimulus, fueled by joint borrowing on financial markets — a big deal for member states that have always jealously…

The outbreak of the coronavirus pandemic has forced Germany to radically revise the priorities for its EU Council Presidency in the second half of the year. One thing is clear: the biggest EU country takes the helm in the midst of an unprecedented crisis, at a crucial time for the…

Published: May 27, 2020 at 5:48 p.m. ET Billions earmarked for renewable energy, clean transport, hydrogen power and energy-efficient building renovations in EU’s €750 billion recovery plan and €1.1 trillion budget for 2021–27 Wind turbines stand on a hill surrounded by fog and clouds in the Taunus region of Germany,…

The European Commission is proposing to direct billions of euros of financial relief into high tech and green investments to help the bloc recover from the coronavirus crisis. Technologies such as 5G, AI, cloud, cybersecurity, supercomputing and renewable energy look set to benefit from a €750BN pan-EU support package set…

“We welcome the bold proposal of the European Commission for a package of 750 billion Euros” Greek Prime Minister Kyriakos Mitsotakis welcomed the European Commission’s proposal for a 750 bln euro aid package to fight the economic repercussions of the Covid-19 pandemic in Europe, announced Wednesday. In a tweet, Mitsotakis…

The European Commission’s €750 billion recovery fund could be covered financially by new sources of revenue, which include extending the EU’s carbon market to the aviation and shipping sectors, the bloc’s executive confirmed on Wednesday (27 May). Cash generated by the Emissions Trading System (ETS) via sales of pollution permits…

This article was a collaborative, global effort by Hauke Engel, Alastair Hamilton, Solveigh Hieronimus, and Tomas Nauclér, with David Fine, Dickon Pinner, Matt Rogers, Sophie Bertreau, Peter Cooper, and Sebastien Leger, representing views from the Public & Social Sector and Sustainability Practices. The tragedy of the COVID-19 crisis has taken…

By Ewa KrukowskaBloombergVanessa DezemTue., May 26, 2020timer3 min. readEurope is betting on emissions-free electricity for big industry in its economic recovery package, drafting measures to scale up the production of hydrogen.The world’s most climate-ambitious stimulus package to be unveiled on Wednesday is poised to earmark tens of billions of euros…