The world's largest economies boosted policies to fight climate change despite last year's energy crisis, allaying fears that cutting emissions would be pushed down the priority list amid a scramble
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Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union.
Eight European Union nations called for the bloc to scrap new pollution limits for car tailpipes as they distract from the goal of effectively banning new combustion engine vehicles after 2035, the latest sign of push back against environmental regulation.
Volvo Car AB has signed an agreement to purchase wind power from renewables producer Vattenfall AB in a rare bilateral energy deal in the transport sector.
By: Akshat Rathi, John Ainger
Dozens of members the US Congress and European Parliament called for Sultan Al Jaber to be removed as COP28 president-delegate.
More than 100 US and EU lawmakers appealed to the leaders of their countries and the United Nations to oust oil executive Sultan Al Jaber as head of this year’s COP28 climate summit.
The world’s biggest asset managers are consistently voting against proposals intended to protect biodiversity, as one of the fastest-growing corners of ESG falls flat at shareholder meetings, according to a report by environmental nonprofit Planet Tracker.
Belgian Prime Minister Alexander De Croo called for a “pause” in the European Union’s legislative push on climate issues, echoing recent comments by French President Emmanuel Macron.
By: Frances Schwartzkopff, John Ainger
Companies providing ESG ratings will soon have to explain their methodologies and get regulatory authorization to continue, under a draft European Commission proposal seen by Bloomberg.
European Union member states are considering requiring that at least half of the critical raw materials the bloc needs are processed domestically, in an effort to better prepare for the clean-energy transition.