Monday

16th May 2022

EU countries rush to expand gas import capacity

EU plans to quit Russian gas and replace it, in part, by importing overseas liquified natural gas has lead to a flurry of new gas projects — which threaten to lock in unnecessary gas use for decades.

Lagarde signals summer interest rate hike

European Central Bank president Christine Lagarde signalled an interest rate increase possibly as early as July, but some experts warn for a repeat of the 2011-2012 debt crisis.

News in Brief

  1. McDonald's to sell up and exit Russia
  2. Nordic nations to help Sweden and Finland if attacked
  3. Germany to reject EU green label for nuclear
  4. Afghans and Syrians using Western Balkans to enter EU
  5. Putin: Russia will respond if Nato bolsters Sweden and Finland
  6. British PM urges Northern Irish parties to work together
  7. EU-US pledge to counter Russian propaganda in Ukraine
  8. EU greenhouse-gas emissions rebound to pre-pandemic levels 
Russia's war stifles EU pandemic recovery

The impact of Russia's war in Ukraine is being felt throughout the EU and the eurozone. The European Commission has downgraded its economic forecast to 2.7-percent growth this year.

Revealed: Big Oil shaped EU's gas-cutting strategy

Internal documents found EU Commission president Ursula von der Leyen and energy commissioner Kadri Simson coordinated their Russian gas cutting strategy with oil CEOs to determine which measures were "feasible".

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EU energy regulator warns against capping gas prices

In a long-awaited report, the European energy regulator sets out proposals to deal with surging electricity bills — but advises against capping prices on the wholesale gas market, which some member states such as Spain and France have supported.

Magazine

Interview: 'Carbon tax' MEP with one eye on Mozambique

Dutch MEP Mohammed Chahim is rapporteur forthe proposed carbon tax on imported goods which is planned to come into force in 2026. It is one of the biggest and most complex legislative proposals Europe has ever drawn up.

Opinion

The moral cost of 'social peace' in Germany

Germany remains the main obstacle to European sanctions on the Russian oil & gas industry. When will the Zeitenwende ['turning point' in German energy policy] finally deliver?

Magazine

German wind energy stumbles

A case study: red tape, "Not In My Back Yard" (NIMBYs), and Green vs Green conflicts are putting brake on Germany's rapid wind expansion.

Magazine

Nuclear and gas in EU taxonomy slammed as 'greenwashing'

The EU's decision to include natural gas and nuclear power as "transitional activities" in its sustainable investments guidelines for green finance continues to generate massive controversy. Critics call it the "biggest greenwash ever."

Magazine

Outside shocks supercharge the EU Green Deal — for now

Russia's war against Ukraine and, before that, Covid 19 risk derailing the EU's ambitious Green Deal. Instead, as Wester Van Gaal explains, both external shocks have supercharged the project — at least for now.

Magazine

War, Peace and the Green Economy

This magazine is about the world's collective and potentially transformational journey towards a green economy. It is also about taking the reader on what we hope is a fascinating "green voyage" across Europe, Africa and China.

EU urged to grow more wheat to avert food crisis

European agriculture ministers have called for higher domestic farm output, amid food security worries, and a looming food crisis in Africa. Many African countries, eg Benin, Egypt, Sudan, Madagascar, and Burundi, are almost entirely, or exclusively, dependent on Ukrainian grain.