Tag "Paris Agreement"
Antitrust fines in the EU signal progress on emissions standards
On the 8th of July 2021 the European Commission announced that it had imposed a €875 million fine on a group of German car manufacturers for conspiring to limit the development of clean emissions technology. This is the 7th largest fine ever imposed by the body and demonstrates the EU’s hard-line response to the car industry’s flagrant disregard of international environmental law. Daimler’s decision to alert the Commission to the cartel in order to avoid fines under the 2006 Leniency Notice suggests that new regulatory frameworks are effectively discouraging cartels.
Assessing the Trump doctrine of “energy dominance”
If the US is to wield energy as a weapon, it will be perceived as an unreliable supplier, and risk moving at cross-purposes with the system of free and open energy markets that it has promoted for decades.
The Week Ahead
Venezuela shifts exchange rate. Norway votes. Canada hosts climate summit. Juncker gives State of the European Union speech. All in The Week Ahead.
Understanding the future of the European defence industry
The June 2017 Reflection Paper on Defence showcases three possible scenarios for the evolution of EU cooperation in defence.
Rex Tillerson: ExxonMobil goes to Washington
If there’s one thing to be sure about with the Trump administration, it’s that it is not one to shy away from controversy. So much was made clear by the
The Week Ahead
Trump makes appointments. UK inflation climb underpins pound rally. US data shows reaction to election. COP22 continues. Haiti holds elections. All in The Week Ahead.