European Commission president Ursula von der Leyen
Letter from Brussels: National realpolitik may water down EU climate policy
The EU is staking out a clear path towards climate neutrality, pursuant to its green deal. But national implementation in the decade ahead may fall short
The European Commission appears to have broad political support for its flagship climate policy. But it may lose steam when EU member states face translating policy into concrete action, with national governments keen to protect domestic industries and consumers while the economic consequences of Covid-19 continue to resonate. In October, the Commission presented the fifth edition of its State of the Energy Union report. This year’s publication boasts of progress on EU energy market integration, with a significantly more liquid European gas market—trading volumes on EU gas hubs saw an impressive 32pc year-on-year growth in the first quarter of the year alone. And it identifies "a clear need
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
