ursula von der leyen, Tag
That economic de-growth enforced by authoritarian governments is a fundamental element of its agenda.
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
UK PM Liz Truss and the EU plan to impose a Putin Energy Price Cap - but with Chinese hydroelectricity running dry, and Russia sending gas to China via a pipeline, the EU has zero leverage to negotiate a discount.
European Commission head Ursula von der Leyen also plans cap on price of Russian gas
Agreement with autocratic ruler to double supplies within five years comes as EU seeks to reduce reliance on Russian energy
A quadrupling of EU energy prices is crippling energy intensive industries, but the EU sees this as a reason to invest in more renewables.
The European Commission has announced a partnership with Bill Gates’ sustainable energy funding vehicle with the goal of unlocking new investments for clean tech and sustainable energy projects totalling up to $1BN...
Europe is going coal-free, but a vast lignite mine is expanding in eastern Germany and coronavirus has delayed new climate laws
Ursula von der Leyen’s signature proposal co-opts the slogans of climate activism, but has none of the substance
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