Tag Archives: Fossil fuels

Press play to take heed to this text Voiced by synthetic intelligence. It’s growth time for fossil gas firms — and that is spurring a rising clamor for Europe’s governments to spice up their tax take.  Within the house of per week, a lot of Europe’s greatest oil and gasoline …

Two of Congress’ largest beneficiaries of fossil fuel industry cash have launched laws to dam a federal gasoline range ban that doesn’t exist and has not been proposed. Sens. Joe Manchin (D-W.Va.) and Ted Cruz (R-Texas) on Thursday unveiled their resolution in quest of an issue: the so-called Gas Stove …

International power large Shell has been accused of “enjoying the windfalls of war” after it revealed its annual income doubled to a document excessive because of Russia’s invasion of Ukraine. Shell’s internet revenue surged to a document $39.9 billion (A$56 billion) final 12 months, the corporate mentioned on Thursday, as …

Press play to hearken to this text Voiced by synthetic intelligence. The European Union is at it once more: Recycling present money to suit no matter new disaster pops up. “We can’t use the same money for 25 different [goals],” EU Economic system Commissioner Paolo Gentiloni stated at an event …

Press play to listen to this article Voiced by artificial intelligence. The U.N. is querying the presidency of this year’s COP28 climate talks over its ties to state-owned Abu Dhabi National Oil Company (ADNOC), a person with knowledge of the matter told POLITICO. The United Arab Emirates (UAE) recently appointed ADNOC’s …

DAVOS, Switzerland — As snow pounds the Swiss mountain town of Davos, American lawmakers are huddled in warm, quiet rooms trying to assuage European concerns that the United States hasn’t just turned into a protectionist power. The passage of Washington’s Inflation Reduction Act (IRA), the $369 billion behemoth legislation stuffed …

Press play to listen to this article Voiced by artificial intelligence. LA CHAPELLE-SAINT-MESMIN, France — The white-hot furnaces of Duralex have been burning near the banks of the River Loire, near Orléans, France since the year the Second World War ended. But this winter, not a soul is to be …

Press play to listen to this article Voiced by artificial intelligence. Halfway through the first winter of Europe’s energy war with Russia, only one side is winning. When Vladimir Putin warned in September that Europeans would “freeze” if the West stuck to its energy sanctions against Russia, Moscow’s fossil fuel …

Press play to listen to this article Voiced by artificial intelligence. The French government has pitched a complete overhaul of the European Union’s approach to boosting its industry, offering a sweeping “Made in Europe” strategy to counter a flood of U.S. subsidies, according to documents seen by POLITICO. In a …

This article is part of POLITICO’s Global Policy Lab: Living Cities, a collaborative journalism project exploring the future of cities. Chapter 3 of the project is presented by Holcim. Dubai’s underwhelming efforts to cuts its greenhouse gas emissions are causing it to consider exiting an alliance of green cities to dodge a …

German police have begun clearing climate protesters out of an abandoned village in a showdown over the expansion of a coal mine. On Wednesday morning, officers in riot gear moved into Luetzerath, where hundreds of activists have been holed up trying to stop the expansion of the nearby Garzweiler coal mine …

It is clear that 2023 — with the ongoing war in Ukraine — is paving the way for a renewed emergency in security of supply and energy prices, and will test Europe’s leadership and unity. We have seen the EU’s response shaped by concrete measures enabling both the acceleration of …