The conference got off to a strong start on Monday, with EU Fisheries and Oceans Commissioner Costas Kadis calling for a flexible approach to bottom fishing, but the optimism quickly faded.
Experts, and the European Commission itself, are warning of major downsides to the renewed popularity of electricity capacity markets in some of the EU’s biggest countries.
438 billion euros per year for 2021-2030: this would be the total energy system investments needed to meet a 55% reduction in GHG emissions (vs. 1990 levels) by 2030 at EU level (excluding transport). This could even reach more than 800 billion euros per year when considering a broader scope. Either way, it is a massive investment challenge so finding and using the most cost-effective options to deliver a fair, secure and speedy energy transition is key.
The Batteries European Partnership Association (BEPA), the European Battery Alliance (EBA) and the Advanced Rechargeable & Lithium Batteries Association (RECHARGE) call for an ambitious, effective and efficient support to the battery value chain.
In today's edition of The Capitals, read about Italy's red lines on ReArm Europe, Czech lawmakers backing the Vatican treaty amid debate on confessional secrecy, and so much more.
The Commission's forthcoming Communication on a Savings and Investments Union, seen by Euractiv, stops short of calling for the “centralised supervision” long urged by France.
The news will land well with academia, which fears political control would undermine basic research and the excellence-based funding of the European Research Council.
Some suggest that at a time of increasing political instability around the world, the Commission is wary of taking unpopular decisions that could upset consumers.