Europe's climate change credentials face an acid test this week when the bl...
LONDON - Europe’s climate change credentials face an acid test this week when the bloc’s lending arm, the European Investment Bank, decides whether or not to stop funding fossil fuel projects beyond next year.
The EIB’s draft proposal in July to end oil, coal and gas financing was widely praised by environmental groups and politicians alike as a strong signal from the world’s largest multilateral lender, but has since seen some pushback. “I think this is going to be the litmus test” Green EU lawmaker Bas Eckhout told Reuters. “For a climate neutral economy by 2050 you need to make sure your energy infrastructure is zero-carbon.”
An Intergovernmental Panel on Climate Change report last month delivered a stark warning to the world: slash emissions or watch cities vanish under rising seas, rivers run dry and marine life collapse.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Turkey's Syria advance leaves Europe with foreign fighter dilemmaEuropean states are trying to fast-track a plan to shift thousands of foreign Is...
Weiterlesen »
For Opera Legend Placido Domingo, the Show Goes on in EuropeEven as his U.S. career seemingly winds down amid accusations of sexual harassment, opera legend Placido Domingo remains on the bill of a host of European opera houses. But cracks, even if slight, are beginning to show in his support.
Weiterlesen »
Hurricanes fueled by climate change are threatening to wipe out these endangered species in the U.S.'The climate crisis is feeding monster hurricanes that bring suffering and death to some of our nation's most vulnerable wildlife,' the author of a new report said.
Weiterlesen »
As cars ditch fossil fuels, how can governments tax motorists?Expect more taxes on congestion as levies on fuel yield lower revenues
Weiterlesen »
Tunisians vote for president in test of young democracyTunisians cast ballots on Sunday to choose their next president in an election t...
Weiterlesen »