Wednesday

27th Oct 2021

News in Brief

  1. US to add last three EU states to visa-waiver list
  2. German ministry gives thumbs up to Russian pipeline
  3. EU regulator foresees endless battles with Facebook
  4. UK fears three migrants drowned in Channel
  5. Israel joins EU science scheme, despite Palestine clause
  6. Upcoming flu season 'could be severe', EU agency warns
  7. Ukraine wins Dutch case on Crimea gold
  8. Most Poles want Warsaw to back down in EU dispute

Gas price spike exposes rift at EU summit

The first topic leaders discussed at the EU summit were the continent's soaring gas prices, which have lead to a spike in household energy bills - amid widespread disagreement on how to solve the issue.

EU vows to uphold Paris climate ambition amid scientists' fears

EU leaders called for an "ambitious global response to climate change" to keep the 1.5 degrees global warming limit within reach - after scientists concluded that the projected global increase in fossil-fuel production for 2030 is inconsistent with this target.

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.

EU banks play 'major role' in deforestation, report finds

Banks based in the EU have earned a reported €401m from deforestation, out of more than €30bn worth of deals with companies linked to logging. Deal-making was dominated by big banks from the Netherlands, France, Spain, Germany, and Italy.

Join EUobserver

Support quality EU news

Join us

EU re-launches mammoth fiscal debates

The EU Commission has restarted its effort to rewrite European fiscal rules, but some countries, such as Italy, are off the charts on debt in terms of an existing pact.

Opinion

EU Green Deal is too dependent on private finance

What we call for is another approach to the financing of the European Grean Deal. While a lot of attention is being paid to decarbonisation, the other two aspects - de-financialisation and democratisation - are largely ignored.

EU calls for ban on Arctic oil and gas drilling

Europe's new Arctic strategy called for increased "geopolitical" engagement and a ban on drilling, but without an army, the EU is relying on "sustainable diplomacy" to project influence.

EU probes possible energy-price manipulation

The EU Commission is investigating possible "manipulative abuses" by Europe's gas suppliers, as part of new measures to help businesses and vulnerable consumers cope with rocketing prices.

Stakeholders' Highlights

  1. Nordic Council of MinistersNew report reveals bad environmental habits
  2. Nordic Council of MinistersImproving the integration of young refugees
  3. Nordic Council of MinistersNATO Secretary General guest at the Session of the Nordic Council
  4. Nordic Council of MinistersCan you love whoever you want in care homes?
  5. Nordic Council of MinistersNineteen demands by Nordic young people to save biodiversity
  6. Nordic Council of MinistersSustainable public procurement is an effective way to achieve global goals

Latest News

  1. Environment ministers continue dogfight on energy price hike
  2. Most lawmakers unhappy with lead MEP's asylum bill
  3. More transparency on EU media owners planned for 2022
  4. Europe's deadly border policies
  5. 'Brussels So White' needs action, not magical thinking
  6. How to break the political deadlock on migration
  7. Hedegaard on the hazards of stalling climate action
  8. Belarus exiles in EU fear regime-linked murderers

More countries join EU and US-led methane pledge

Two dozen countries have joined the US-and EU-led initiative to reduce global methane emissions, as momentum builds ahead of the UN climate change conference in Glasgow. Delivering on this pledge could reduce global warming by 0.2 degrees by 2050.

MEPs: Security concerns must be part of EU Arctic policy

MEPs raised the alarm over security challenges emerging in the Arctic, in particular the military build-up of Russia and the increasing investments of China in the region - ahead of the new EU Arctic policy, expected next week.

Kenyan activist lambasts world leaders at EU green summit

Government officials and financial leaders met at the EU Summit for Sustainable Finance on Thursday (October 7) to discuss current green investment plans and seek common ground, amid worsening climate crisis and gaping inequality.

EU demands Volkswagen compensate all EU purchasers

The EU Commission demanded the German carmaker compensate purchasers in all member states for misleading them about vehicle emissions. Until now, Volkswagen has only compensated consumers in Germany.

MEPs vote to support gas in cross-border projects rules

MEP in the energy committee reached a common position over the revision of the controversial TEN-E regulation, which governs funding for energy infrastructure - paving the way for negotiations with member states to agree on a final law.

Lagarde urges EU to use market power to fix gas price

ECB president Christine Lagarde said that "fiscal authorities" (ie governments) have a responsibility to "harness market power" to arrange better prices and referred to a Spanish plan that might "rebalance other market forces."

Interview

An economist on 'elephant-in-room' at German election

Economist Shahin Vallée says Germany has the resposability to lead the European debate on fiscal reforms in the face of the climate crisis. If they don't take up the mantle, the EU will continue failing during further crises.

Analysis

Scaling up tidal requires flood of new cash

The next step is scaling up the prototype platforms so that tidal energy can become commercially viable and enter the energy grid in a meaningful way. There's just one hitch in this plan: cost

Banks fuelling expansion of oil-and-gas Arctic extraction

A new report revealed that oil and gas firms are planning to ramp up their fossil fuel extraction in the Arctic by more than 20 per cent over the next five years, partly thanks to the financial support from banks.

VW emissions software was illegal, top EU lawyer says

Volkswagen used software to alter emissions illegally, according to the European advocate-general on Thursday. The German carmaker installed devices that could detect when the car would be subjected to testing - which would then distort parameters to show lower emissions.

Lead energy MEP silent on gas meetings before vote

NGO watchdogs have slammed the MEP leading the energy committee's work on the controversial revision of EU rules for funding major energy projects for refusing to disclose his meetings with gas lobbyists, ahead of a crucial vote next week.

Spain wants energy price discussion at next EU summit

Spain wants to discuss the current energy price spike at the next EU summit in October, and called on the European Commission to provide member states with guidance on how to react to current record gas and electricity prices.

Auditors slam EU Commission on green investments

The European Court of Auditors called for more consistent EU action on sustainable finance. The European Commission, by its own estimation, will need to invest €1 trillion a year to transition to a zero-carbon economy by 2050.