TAG: Remedies and commitments
UK considers probe of Chinese EV subsidies
LONDON — Britain is considering whether to investigate Chinese state subsidies for electric vehicle (EV) makers, two people familiar with the nascent plans told POLITICO.A U.K. investigation would follow the launch of a similar probe by the EU last Octobe...
6 months ago
War, money, politics: Discord among wealthy countries hampers landmark climate fund
Aid for victims of climate change is in danger of being delayed as wealthy countries brawl over who gets to sit on the board of a new global fund.The fight includes a disagreement between the European Union and other high-income governments, including the...
6 months ago
Labour will need ‘Herculean effort’ to hit green goals, says UK climate watchdog
LONDON — It will take a “Herculean effort” for Labour to reach its key net zero target of clean power by 2030 if it wins power, the U.K. government’s chief climate adviser has said.Chris Stark, who steps down as chief executive of the Climate Change Commi...
5 months ago
Italy can do without Russian gas, says energy minister
ROME — Italy has emancipated itself from Russian natural gas and would have no problem with a proposed package of EU sanctions on liquified natural gas (LNG) that the European Commission is considering, Italian Energy Minister Gilberto Pichetto Fratin sai...
5 months ago
EU’s biggest losers hold Ursula von der Leyen’s fate in their hands
PARIS — The fate of Ursula von der Leyen hangs in the balance — and the EU election’s biggest losers are the unlikely kingmakers. Every vote will count when the European Commission president attempts to convince just over half of the European Parliament’s...
2 months ago
As the West slaps tariffs on Chinese cars, Britain ducks the fight
LONDON — While its allies slap steep tariffs on Chinese state-subsidized electric vehicles, Britain is sitting tight.The U.S., EU and Canada have put up barriers this summer after multiple probes found Beijing boosted its EV sector with billions in suppor...
1 month ago
Europe’s financial ambitions slam into German opposition
An Italian bank making a big move to buy into a German bank sounds like exactly the sort of tie-up Europe's leaders have spent years crying out for, so the EU can rear more home-grown heavyweight corporate champions to compete with rivals from the U.S. an...
3 weeks ago
Italian Commissioner Gentiloni backs political rival Fitto for key EU job
BRUSSELS — Outgoing EU economy commissioner and Italian socialist Paolo Gentiloni put party allegiance aside and threw his weight behind political rival Raffaele Fitto in an interview with POLITICO on Tuesday.The Italian right-winger is in line to become...
1 week ago
Greta Thunberg blocks Brussels boulevard in fossil fuel protest
Dozens of demonstrators on Saturday blocked a key road in the city of Brussels, calling on the European Union to end subsidies for oil and gas.Swedish climate campaigner Greta Thunberg and a group of Extinction Rebellion activists padlocked their arms to...
1 week ago
NESO launched to guide Great Britain’s energy system to net zero
Today, we proudly announce the launch of a new public institution in Great Britain – the National Energy System Operator (NESO).NESO is built on the strong foundations of the Electricity System Operator, formerly part of the National Grid group. It now st...
5 days ago