-
A Gas Worries Continue, EU Invests on Hydrogen
July 20, 2022
The European Commission passed €5.4 billion in hydrogen subsidies launching 41 projects in 15 countries centered around hydrogen technology, in what is only the first of four expected waves of state aid approvals for hydrogen projects in the European Union despite questions remaining concerning the approval process and impact on the environment.
-
Europe Faces a Summer Facebook Blackout
July 11, 2022
The Irish Data Protection Commission informed its counterparts in Europe that it will block Facebook-owner Meta from sending user data from Europe to the U.S., potentially blocking Europeans from using Facebook and Instagram, cracking down on Meta's last legal resort to transfer large chunks of data to the U.S.
-
EU Parliament Votes to Give Green Labels to Nuclear and Gas
July 06, 2022
Nuclear and natural gas-fired power plants will now be able to be marketed as sustainable investments on financial markets thanks to a recent vote in favor of the measure by the European Commission.
-
European Commission proposes €1B in aid to Ukraine
July 06, 2022
Following concerns of a financial crisis in Ukraine, the European Commission proposed to provide €1 billion in loans as macro financial assistance as part of the €9 billion aid package announced over a month ago.
-
Hungary Veto’s EU’s Global Corporate Tax Plan
June 22, 2022
The European Union failed to implement a global corporate tax rate of 15 percent before the end of France’s six-month presidency due to a last minute veto of the plan by Hungary as tax initiatives require unanimity to pass in Brussels.
-
Kremlin’s Gas Threats Challenge EU Agenda and Stability
June 22, 2022
Russian President Vladimir Putin has cut off gas deliveries to some of its best customers in the European Union, threatening the EU’s climate agenda and general stability as the bloc scrambles to replace gas-fired power with coal.
-
EU Leaders Agree on Russian Oil Embargo
June 01, 2022
EU leaders agreed on a political deal to impose sanctions on Russian oil imports, which European Commission President Ursula von der Leyen announced will cut around 90% of oil imports from Russia to the EU by the end of the year.
-
EU Moves to Criminalize Sanctions Evasion
May 25, 2022
Politico reports that the European Commission has made a move to criminalize sanctions evasion at the European Union (EU) level in order to provide legal grounds for the confiscation of Russian oligarchs’ assets seized by EU countries.
-
France Proposes Changes to EU AI regulation
May 11, 2022
Changes by the French Presidency of the European Union continue with proposal changes to the Artificial Intelligence Act that makes significant modifications to the text related to the European Artificial Intelligence Board, market surveillance, guidelines, and Codes of Conduct.
-
100 EU cities commit to going climate neutral by 2030
May 04, 2022
In a recently launched scheme, 100 EU cities and twelve non-EU cities have pledged to drastically reduce emissions by 2030, essentially going climate neutral and will receive EU financial support for their initiatives.