EU nations have lined up for and against any form of Eurobonds, including Coronabonds, that would mutualise vast amounts of debt across all the member states. Yet vast amounts are needed to recover from this unexpected and unprecedented global slump caused by the Coronavirus pandemic. Where will it come from? Luca Bonaccorsi at Transport & Environment explains EC president Ursula von der Leyen’s proposal for how the EU budget (on its own, … [Read more...]
Opposition to Nord Stream 2 ignores market fundamentals [Energy Post Weekly]
Criticism of the Nord Stream 2 project routinely misses the bigger picture of EU’s lower carbon targets, Groningen’s impending switch-off and Russia’s own dependence on natural gas exports to Europe. … [Read more...]
Germany to set end date for coal power in 2019
Germany’s  coalition partners have concluded a treaty that may set a final deadline for coal-fired power production in Germany, Clean Energy Wire reports. A commission will decide the timeline for phasing out coal, under a coalition deal agreed between the social democrats and Angela Merkel’s conservatives. … [Read more...]
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