The European Green Deal (EGD), announced on December 11th, sets a 2050 target to make the continent become the first to achieve carbon neutrality. It’s a long-term plan – not yet law – to re-design all EU instruments and includes 50 specific policy initiatives. But nobody yet knows how much money is needed, who will pay (or lend) it, and who will get it. So tense discussions will now begin between the likely payers (such as Germany, the … [Read more...]
EU policing of Member State gas plans not consistent
Elisa Giannelli at E3G explains why the European Commission’s assessment of Member States’ natural gas plans is not consistent, on three fronts. Firstly, with its own EU climate targets: many nations are planning to increase their consumption of and investment in gas regardless of EU-wide targets to cut emissions. Secondly, the Commission is critical of some of these nations but actually supportive of others. Thirdly, even the EU’s own policies … [Read more...]