28 Articles

EU paves the path to a clean tech future with subsidies

The European Union pushed forward on Tuesday, January 17, 2023, with a major clean tech industrial plan which not only should keep the continent in the vanguard of plotting a greener future but also guarantee its economic survival as it faces challenges from China and the United States.

EU chief proposes cap on electricity company revenues

A top European Union official unveiled on Wednesday, September 14, 2022, a plan to cap the revenues of electricity producing companies that are making extraordinary profits due to the war in Ukraine and climate change, saying the proposal could raise $140 billion to help people hit by spiraling energy prices.

For $300 billion the EU can ditch Russian energy

The European Union’s executive arm moved on Wednesday, May 18, 2022, to jump−start plans for the 27−nation bloc to abandon Russian energy amid the Kremlin’s war in Ukraine, proposing a nearly 300 billion−euro ($315 billion) package that includes more efficient use of fuels and faster rollout of renewable power.

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