Europe’s response to the US’s $369bn Inflation Reduction Act is being stymied by lack of funds and coordination, say analysts
European Commission accused of acting unlawfully in two separate cases bought by environment groups
Report says revenues raised from a gradually imposed fuel tax could be used to transition to low-carbon fisheries
Proposed use of tax credits follows pressure to respond to Biden’s $369bn green subsidy scheme in US
Analysts warn bloc’s lack of industrial policy may impede riposte to $370bn US subsidy package
Quitting the ECT, which protects fossil fuel investors from policy changes that might threaten their profits, was ‘coherent’ with Paris climate deal, Macron said
Fossil fuel extractors will be asked to hand back 33% of taxable surplus profits to ‘cushion blow’ of crisis
Countries that import large volumes fear Kremlin would respond by halting all gas flows, plunging them into recession
Exclusive: Frans Timmermans says short-term return to fossil fuels needed to head off threat of civil unrest
The European Commission has labeled nuclear and gas as sustainable. Critics are calling the step "greenwashing" and say it could threaten the bloc's bid to become climate-neutral by 2050.
Parliament backs plan to classify some projects as clean power investments
1994 agreement allows investors to sue governments for changes in energy policy that harm their profits
NGOs argue priority list was drawn up without consideration of methane emissions
Commission’s move widely criticised as undermining efforts to keep global heating below 1.5C
Brussels faces backlash and charges of greenwashing after publishing draft proposals on New Year’s Eve
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