Countering US subsidies: Is a ‘Made in Europe’ investment plan realistic?
07 February 2023 | 7:24 am
For months, European leaders have sought a united response to the US Inflation Reduction Act, or IRA. That plan, announced by the White House last year, favours American-made climate technology through subsidies and tax credits. But EU chiefs say the policy discriminates against Washington's closest partner, Europe.
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Europe is seeking to cut Russian gas supplies and replacing them with liquefied natural gas (LNG) from elswhere. The next six months are crucial for the energy shift, Michael Stoppard from S&P Global Commodity Insights told DW.
In Europe, the right to abortion isn't universal. Poland is the scene of vociferous protests against some of the continent's strictest abortion laws. Further south, in Italy, some doctors refuse to terminate pregnancies — even in medical emergencies.
Skyrocketing inflation and energy costs are expected to dampen European spending on retail goods, which will come down hard on Asian production centers.
Norway is expected to export nearly 90 billion cubic metres (bcm) of gas to the European Union, nearly 25% of its expected gas needs this year, according to forecasts from energy consultancy Rystad. Exports to Britain could reach 36 bcm, nearly 50% of the country's total gas demand.
The continent has seen temperatures rise at a rate more than double that of the rest of the world over the past thirty years. At the same time, European countries had significantly reduced greenhouse gas emissions.
A photoshopped magazine cover from Stern magazine, features Ursula von der Leyen as 'Europe's most criminal woman.' While the publication does exist, the real cover features Italy's Prime Minister, Giorgia Meloni, not Ursula von der Leyen. We tell you more in this edition of Truth or Fake.
The European Union's environment watchdog has reported 238,000 premature deaths in the bloc in 2020 due to air pollution.
It's one emergency the EU didn’t need. Already dealing with a war on its doorstep, an energy crisis and rising inflation, the handling of the Ocean Viking – a ship carrying migrants rescued in the Mediterranean – starkly showed the limits of European solidarity.
Myanmar's ruling military junta has issued new rules making it harder for foreign aid groups to operate in the country. NGO's will need to adapt their strategies to reach those in need.
A Swiss company has built what is being called a giant water battery deep under the Alps that provides energy storage capacity equivalent to 400,000 electric car batteries. It could be a game-changer.
Finnish Prime Minister Sanna Marin says the war in Ukraine has exposed basic weaknesses in Europe's defense and strategy. UK says Russia's withdrawal allowed Ukraine to target transport nodes. Follow DW for more.
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