Marta Pacheco
Economy
IEA urges swift cuts in oil demand, encourages remote work
As the war in the oil-rich Middle East keeps escalating, the International Energy Agency is calling on governments to take measures to reduce oil demand by pushing remote working, reducing speed limits and encouraging a shift towards public transport.
Europe News
Ten EU countries reinforce attack against ETS ahead of key EU summit
Ahead of a key European summit on Thursday, 10 EU countries intensified attacks on the bloc's climate policy, warning that the current system is damaging industry. They're calling for a slower and more flexible approach to protect competitiveness while pursuing the green transition.
Europe News
Why is the Strait of Hormuz critical to Europe?
The closure of the Strait of Hormuz is affecting energy prices for industries and households, but the vital trade passage also accounts for a significant share of fertiliser shipments, threatening long-term food production. Euronews' explainer goes through the main issues affecting the Strait.
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Europe News
EU fails to deliver on promise of local energy communities, ECA warns
People living in so-called energy communities are usually enthusiastic about producing their own renewable energy, but certain complaints and frustrations keep coming up, the latest EU auditors' audit reveals. Resistance from energy generators is also blocking progress.
Europe News
Seven EU ministers ask Commission to keep rules on energy pricing
Energy ministers from Denmark, Finland, Latvia, Luxembourg, the Netherlands and Portugal are concerned that the EU executive might change market rules, claiming the decision would undermine investments in clean power. Fears for the future of the bloc's carbon market are also growing.
Europe News
EU slams door on China with ‘Made in Europe’ push
EU Commissioner Stéphane Séjourné on Wednesday presented a strategy shutting Beijing out of EU public funding by introducing a European preference in strategic sectors. Countries which limit access to their own markets through local content rules would also be cut off.
Europe News
What are Europe's oil route alternatives to the Strait of Hormuz?
Many European countries like Italy, Greece, Spain, Poland and Belgium rely on the Strait of Hormuz for imports or refining. Experts say the closure of this corridor will not cut off Europe’s oil supply, but will continue to drive up oil prices and disrupt markets.
Europe News
EU praises Azerbaijani gas as Qatar suspends LNG production
Energy Commissioner Dan Jørgensen said Azerbaijan's gas supplies will remain an important backbone of the EU's energy security as the bloc deals with a new energy crisis following the suspension of LNG shipments from Qatar and the closure of the Strait of Hormuz.
Europe News
Europe’s climate policy turning into lobbyists’ playground – report
New research reveals that the EU’s Clean Industrial Deal has been transformed into a corporate-driven policy project dominated by heavy industry lobbying, resulting in a shift away from real decarbonisation toward deregulation and weakened climate rules.
Europe News
Climate action is the world’s cheapest insurance policy, study says
Climate policy is not discretionary spending but collective risk pooling, according to a Vienna University study, who argue that as natural disasters proliferate, it acts as a public insurance system that protects economies and societies.
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