In brief | 9 September '24
FT: Mario Draghi calls for €800bn EU investment boost
Former Italian premier demands ‘new industrial strategy’ to stop Europe falling behind US and China.
EU Commission: The future of European competitiveness: Report by Mario Draghi
The report looks at the challenges faced by the industry and companies in the Single Market.
Euractiv: Bulgaria and Germany agree to cooperate on energy
Bulgaria and Germany signed a declaration on cooperation in energy, green policies and climate protection, the Bulgarian Energy Ministry announced.
Bloomberg: World’s most stringent ESG rules draw backlash from EU business
As valuations and competitiveness are hit, companies are crying foul and saying the US is addressing the climate issue better.
FT: Is red tape strangling Europe’s growth?
Officials and companies fear the costs of complying with new environmental laws are smothering the EU’s competitiveness.
Reuters: Poland sees 56% of renewables in 2030 power mix in climate plan
Poland is targeting a 56 percent share of renewable power in its electricity mix in 2030, the climate minister said, as she presented the draft of the national energy and climate plan that Warsaw has to submit to the European Commission.
MCC: Revenue distribution increases public acceptance of carbon pricing
Acceptance of carbon pricing instruments increases in the population as soon as some form of revenue redistribution is included in the policy package, says a report led by the Berlin-based climate research institute MCC (Mercator Research Institute on Global Commons and Climate Change).