European Union Approves World’s Largest Green Stimulus
On Friday, EU lawmakers agreed to provide a €672 billion recovery fund boost for the EU economy. How green is it? Fairly green — 37% of the funding has to go to projects that help the climate.
On Friday, EU lawmakers agreed to provide a €672 billion recovery fund boost for the EU economy. How green is it? Fairly green — 37% of the funding has to go to projects that help the climate.
The EU needs to match its hopeful green vision with more ambitious environmental action, the European Environmental Bureau (EEB) said in response to the European Commission president’s annual State of the Union speech.
The electric bus market has been tracking quite closely with the electric car market in Europe, with 2019 showing 4% electric bus share across the European Union and a few other countries.
Wind energy provided 14% of the European Union’s electricity last year, according to figures published Thursday by the region’s wind energy trade body, WindEurope, with 11.3 gigawatts (GW) of new capacity added, including nearly 3 GW of offshore wind.
The European Union and the US State of California announced last week at the Global Climate Action Summit held in San Francisco their intention to strengthen their bilateral cooperation on carbon markets to maximize and leverage climate action.
After last-minute overnight negotiations, the European Union has announced it is increasing its renewable energy target from 27% to 32%, a move it describes as “ambitious,” but which environmental campaigners have described variously as “inadequate,” “paltry,” “far too low,” and a “spectacular failure.”
The European Union is in a position to increase its share of renewable energy in its energy mix to 34% by 2030, double its share in 2016, and all the while resulting in a net positive impact, according to a new report published by the International Renewable Energy Agency this week.
The country of Austria is now planning to sue the European Commission for its approval of a nuclear energy expansion project in Hungary, government reps have revealed.
The European Union Parliament voted Wednesday to increase its renewable energy goal for 2030 from a goal of 27% to a new target of 35%, which will now be taken to EU member states in upcoming talks.
The number of migrants making their way into the European Union will nearly triple by the year 2100 if rapid climate warming occurs, according to a new study published in the journal Science.