Sunday

28th Nov 2021

News in Brief

  1. Covid variant: EU to block travel from southern Africa
  2. France and UK seek EU help on Channel migrants
  3. New Swedish PM who resigned after 7 hours gets second chance
  4. Belgium to decide on Friday on Covid measures
  5. UK rings alarm on new Covid strain in South Africa
  6. Turkish police use tear gas at women's rights march
  7. Poland calls for more Nato troops
  8. Ex-Navalny aide leaves Russia

EU watchdog: no proof of carbon market manipulation

The EU watchdog has found no proof of manipulation of the carbon markets, allaying European Commission fears. However, the European Securities and Markets Authority did note that it had only limited access to essential data.

All-time high for Norway's oil and gas production

Norway currently has 90 oil and gas-producing fields, which could rise to more than 130. One way that harms the shift to a greener economy is because offshore wind and the burgeoning hydrogen industry are competing for the same workers.

Investigation

How EU Green Deal fosters overfishing in West Africa

The fishmeal industry in recent years has been growing fast in West Africa, in Morocco, Mauritania, Senegal and the Gambia. But that creates problems, with a proliferation of fishmeal factories leading to a "serious overfishing situation."

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Dutch government's attempt to keep Shell fails

A last-minute attempt by the Dutch government to scrap the country's dividend tax and keep Royal Dutch Shell in the Netherlands failed. The UK is the one of a few countries in Europe that does not levy a dividend tax.

Analysis

'Blah blah blah'?: Five takeaways from Glasgow's COP26

Despite widespread relief that the summit did not fail to reach an agreement, there is a great deal of discontent surrounding the outcome of the UN climate negotiations held at Glasgow over the last two weeks. Here's why.

'Royal Dutch Shell' to ditch Netherlands for UK

Shell's CEO called the relocation "necessary" - saying it will simplify company structure, making stock buybacks easier, and prop up value. Shareholders will vote on the move at a general meeting on 10 December.

Opinion

Will EU stop its investment bank hiding a third of its lending?

This week, the European Investment Bank's board of directors, comprised of European Commission and member state representatives, will decide on a new transparency policy. It must seize this opportunity to salvage its image by drastically improving the bank's information disclosure

Opinion

EU interconnector: Cyprus 'energy isolation' or Israeli gas?

The EU is not only turning a blind eye to Israel's belligerent and illegal gas extractions but outrightly colluding by financing and otherwise supporting costly infrastructure projects. The ongoing gas crisis affecting the EU is no excuse for this behaviour

Column

Do democracies need to fear climate extremism?

The core demand of Fridays for Future could not be less threatening: governments should implement the promises they made in the 2015 Paris Agreement. But there is much talk that the old institutions of representative democracy are not good enough.

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Latest News

  1. Belgium goes into three-week 'lockdown light'
  2. MEPs list crimes of 'Kremlin proxy' mercenaries
  3. EU to open up 'black box' of political ads
  4. Can the ECB solve climate change and inflation on its own?
  5. EU set to limit vaccine certificate to nine months
  6. Surprise coalition in Romania without former Renew's Ciolos
  7. This 'Black Friday' is a turning point in corporate accountability
  8. West struggling to show strength on Ukraine

Analysis

Can the private-finance $130 trillion climate bet be trusted?

A group of 450 banks and insurers, led by Mark Carney, have committed €112 trillion to tackle climate change between now and 2050 - but not all green projects are bankable raising questions about the for-investor profit model.

Opinion

COP26 and the Congo rainforest - a 'Made in Europe' problem

After it was discovered that the Amazon no longer absorbs carbon, the Congo rainforest – soaking up some 1.2bn tonnes of carbon dioxide each year – is arguably one of our last lines of defence against climate change.

First days of COP26 summit marked by chaos and 'outrage'

The opening days climate summit in Glasgow (COP26) has been marked by heavy weather, travel disruption, large crowds, Covid-19-related restrictions, and long queues outside the conference centre – which have triggered criticism of the organisers of the conference.

Podcast

The climate allies Europe needs

With the COP26 climate conference about to get underway in Glasgow, major breakthroughs look elusive. Among the spectres at the feast are raging geopolitical tensions, high energy prices, the ongoing pandemic and a lack of diplomatic vigour from Europe.

Greta Thunberg leads pan-Europe COP26 climate protests

In total 50 financial centres around the world were targeted on Friday to usher in the United Nations Climate Change Conference in Glasgow, also known as COP26, with Greta Thunberg in the City of London.

Interview

Moldova 'between rock and hard place', PM says

Moldovan prime minister Natalia Gavrilița has declined to confirm reports of Gazprom blackmail, but thanked her EU "friends" for their support in dealing with Russia.

Analysis

COP26 climate summit: could it be different this time?

World leaders and national negotiators from almost 200 countries will meet in Glasgow next month to discuss global cooperation in response to the climate change emergency. What outcome can be expected? Why does it matter?

Podcast

Hedegaard on the hazards of stalling climate action

In 2009 Connie Hedegaard presided over the Copenhagen climate conference that ended in rancour - and left Europe on the sidelines. Hedegaard went on to become the first European commissioner for climate action.

Nine countries oppose EU gas market reform

Germany, the Netherlands and Denmark and six other countries have signed a letter saying they cannot back any reform of the EU gas and energy markets.