News
The EU Parliament will vote today on key elements of the Fit-for-55 package. While some results have long been emerging, there are still no clear compromises on groundbreaking dossiers such as the ETS, CBAM and fleet limits.
By Lukas Knigge
The oil embargo agreed at the EU summit is to block 90 percent of Russian oil imports to the EU by the end of the year. The remaining 10 percent will continue beyond that via the Druzhba pipeline to Hungary, the Czech Republic, and Slovakia. Some call it a "signal of unity", while others express clear criticism.
By Lukas Knigge
At the extraordinary summit in Brussels, the EU heads of state and government agreed on the EU Commission's compromise proposal for an oil embargo. The landlocked countries of Hungary, the Czech Republic, and Slovakia remain exempt for the time being and also pushed through guarantees should the Dushba pipeline be interrupted.
By Stephan Israel
The G7 meeting of energy, climate, and environment ministers ended on Friday. The most important signal from Berlin: Climate protection and the decarbonization of industry and energy supply are not to be abandoned, even given the current energy crisis and the partial return to coal. However, some goals remain vague for now.
By Lukas Knigge
Europe's energy independence is also supposed to be financed by selling CO2 certificates from the reserve. Although this is only a small part of the REPowerEU investment, it is causing the most criticism because it could set a precedent.
By Lukas Knigge