Friday

29th Mar 2024

Ticker

Don't go againt global trends, EU climate chief warns US

US president-elect Donald Trump will "make a mistake" if he goes "against the global trend" on fighting climate change, EU climate commissioner Miguel Arias Canete said on Wednesday. "The US is a country leading in innovation, and green energy is about innovation. It’s a country that’s leading in growth and jobs, and clean energy is about growth and jobs," he said at COP22, the UN climate conference in Marrakesh.

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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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