As negotiations on the EU’s next long-term budget continue, EU countries are jockeying for funding opportunities to assist them in the transition to clean energy.
A number of schemes are being envisaged to ensure that the transition leaves no one behind as industrial sectors such as coal and automotive face closures or deep restructuring.
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Climate cash cow: Where EU countries can get their funding
Europe’s green ambitions will largely hinge on being able to finance a transition away from polluting energy sources. But where will the money actually come from?
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Baltic power games in the ascendancy
Europe’s power politics are playing out more and more in the Baltic Sea, as the energy potential of the sea basin shifts more into the limelight.
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Poland firms up gas, nuclear plans to fill green power gap
Replacing Poland’s obsolete coal power fleet is a top political priority for the country, both for environmental and energy security reasons. But even as it steps up renewable energy plans, Warsaw is also pushing hard for new gas and nuclear plants to fill in the gap.
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Researcher: Lowering electricity taxes is cheapest way of meeting EU climate goals
The energy transition will hit the poor hardest unless it's balanced by a shift in taxation, says Christian Egenhofer. The EU needs to acknowledge this and get started by lowering taxes on electricity to achieve the EU’s carbon reduction goals at least cost, he argues.
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Financing the energy transition in Poland
Financing climate change targets is currently a hot topic on the EU’s agenda, especially in the context of reaching climate neutrality by 2050. How do the EU's financing options compare to to the needs of the energy transition in Poland?