Thursday

28th Mar 2024

Ticker

EU laws on vans and CO2 too weak, NGO says

Sales of vans between 2017 and 2020 showed no reduction in CO2 emissions because EU laws were so weak manufacturers could meet them without selling a single electric-powered vehicle, according to green NGO Transport & Environment. "With pathetic CO2 targets, the boom in e-commerce is becoming a nightmare for our planet," it said. Hybrid vehicles, which should stop being made, see owners rely almost exclusively on fossil-fuel engines, it added.

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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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