IPCC Releases Latest Climate Change Impact Report

Climate Change

The IPCC, the world’s most authoritative climate science body, has released its highly anticipated Working Group II report on climate impacts, adaptation, and vulnerability.  The report finds that the world is already facing the “unequivocal” consequences of climate change, which is killing people, damaging food production, destroying nature and reducing economic growth. Some of these…

The Carbon Footprint of Cryptocurrency

Cryptocurrency

MEPs have voted on regulating markets in crypto assets (MiCA) and the carbon footprint of cryptocurrency. Eero Heinäluoma, MEP and S&D negotiator on crypto assets, said, “Cryptocurrency uses up as much energy as electric cars do. Bitcoin mining alone consumes more energy than countries the size of Austria or Portugal. With such a heavy carbon footprint,…

The Kremlin is Backtracking

The Kremlin is Backtracking

A week ago, it would have been hard to believe that the Kremlin would ever backtrack. A country in the geographical centre of Europe was about to fall in a matter of days under the onslaught of the second most powerful army in the world. But that has not happened. Instead, the aggressor has been…

InvestEU Programme

InvestEU

The European Union says it has reached a major milestone in the implementation of the InvestEU programme with the signature of the Guarantee and Advisory Hub Agreements between the European Commission, the European Investment Bank (EIB) and the European Investment Fund (EIF).  The InvestEU programme is a key pillar of the European Union’s largest ever…

Cross-Border Working

cross-border working

The Socialists and Democrats are hosting an event in Saarbrücken, Germany, on cross-border work later this week. Anke Rehlinger, Saarland’s Minister for Economic Affairs, Labour, Energy and Transport, and Nicolas Schmit, EU Commissioner for Jobs and Social Rights, will deliver keynote speeches. S&D Group leader Iratxe García; SPD-MP Secretary General Christian Petry; head of the SPD delegation in the European Parliament Jens Geier;…

EU Industrial Strategy

Greening EU Industrial Strategy

The EU needs to reassess the priorities of its industrial policy in light of the pandemic and the conflict on Europe’s eastern border: this is what emerged from a conference hosted by the European Economic and Social Committee (EESC). The Conference, titled “A sustainable future for European industry”, was organized in cooperation with the European…