Friday

29th Mar 2024

Ticker

US House votes against EU emissions trading plan

The US House of Representative voted Monday to exclude US airlines from an EU emissions cap-and-trade programme, coming into force in 2012. The measure says the transportation secretary should prohibit US carriers from participating in the scheme if it is unilaterally imposed.

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Opinion

EU Modernisation Fund: an open door for fossil gas in Romania

Among the largest sources of financing for energy transition of central and eastern European countries, the €60bn Modernisation Fund remains far from the public eye. And perhaps that's one reason it is often used for financing fossil gas projects.

'Swiftly dial back' interest rates, ECB told

Italian central banker Piero Cipollone in his first monetary policy speech since joining the ECB's board in November, said that the bank should be ready to "swiftly dial back our restrictive monetary policy stance."

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