All articles
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Fossil fuels could tap into EU green recovery funds with MEPs’ support
On Monday 9 November, in a crucial joint vote, the European Parliament’s economic affairs committee and the budgets committees will decide how to allocate €672.5 billion in emergency coronavirus recovery funds. The European Parliament has a last chance to ensure polluters don’t sink the chance for a green and just recovery.
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Letter to MEPs on excluding fossil fuels from the Recovery and Resilience Facility
The Green 10 – the ten largest environmental networks in Europe – have called on the European Parliament to exclude fossil fuels from the EU recovery fund, the Recovery and…
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Why relying on offsets won’t stop climate breakdown
The European Union urgently needs an emission reduction target in line with science that does not rely on an increasingly fragile nature. Accounting tricks that allow governments to compensate carbon increases in forests and soils to achieve their emission reductions will not solve climate breakdown.
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ECB’s purchasing policies skewed towards carbon-intensive industries – report
Brussels/Frankfurt - A new report reveals how the ECB’s proclaimed "market neutrality" policy actually skews the bank’s corporate bond purchases in favor of carbon intensive industries. Decarbonising Is Easy: Beyond Market Neutrality in the ECB’s Corporate QE was published by the New Economics Foundation, SOAS University of London, the University of the West of England,…
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MEPs vote to exclude fossil fuels from coronavirus recovery fund
Brussels - MEPs in the European Parliament’s environment committee have voted to exclude fossil fuel investments from the €672.5 billion Recovery and Resilience Facility (RRF), the largest fund under the EU’s coronavirus recovery plan.
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EU Parliament holds key to Europe’s green recovery
As Europe continues to be a global hotspot for the coronavirus pandemic and its economic and social impact, the EU is moving ahead to agree an unprecedented recovery fund of €750 billion, in addition to the EU’s seven-year budget, worth around €1.1 trillion.
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Polluters profiting from pandemic bailouts
How the fossil fuel industry is using the COVID-19 crisis to capture public funds and lock in dirty energy
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1.5°C is the limit! Activists urge EU ministers to raise climate target without accounting tricks
Berlin - Ten Greenpeace activists greeted EU environment ministers arriving for a meeting in Berlin with a four-metre high image of a burning planet and the words: “1.5°C is the limit!”. The protesters called on ministers to take climate science seriously and back a 65% cut in EU greenhouse gas emissions by 2030.
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“Inadequate and irresponsible”: NGO analysis of EU Commission’s 2030 climate plan
Analysis by eight leading green NGOs.
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EU Commission’s 2030 climate plan trying to negotiate with nature, Greenpeace
A European Commission analysis to back up its climate plans for 2030 has revealed an attempt to fudge its target to cut EU-wide emissions by at least 55%, said Greenpeace, warning that the target also falls far short of what science requires to avoid the worst effects of climate breakdown.