BRUSSELS, May 18 — The European Commission today unveiled a €210 billion plan for Europe to end its reliance on Russian fossil fuels by 2027, and to use the pivot away from Moscow to quicken its transition to green energy.
The measures include a mix of EU laws, non-binding schemes, and recommendations to governments in the EU’s 27 member countries, who are largely in charge of their national energy policies. The Commission said some investments in fossil fuel infrastructure would be required — €10 billion for a dozen gas and liquefied natural gas projects, and up to €2 billion for oil, targeting land-locked Central and Eastern European countries that lack access to non-Russian supply.
That would see the EU more than double its renewable energy capacity to 1,236 gigawatts by 2030, and be aided by a law allowing simpler one-year permits for wind and solar projects. The EU also proposed phasing in obligations for countries to fit new buildings with solar panels.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US, EU to ramp up chip making and raise pressure on Russia | Malay MailSACLAY, May 16 — The United States and the European Union announced today a joint effort to boost microchip manufacturing and tackle Russian disinformation around the war in Ukraine. The two sides met outside Paris as part of the Trade and Technology Council, a forum created last year aimed...
Source: malaymail - 🏆 1. / 86 Read more »
Finland, Sweden apply to join Nato as Russia pummels Ukraine | Malay MailKYIV, May 18 — Finland and Sweden formally applied to join Nato today, prompted by Russia’s invasion of Ukraine and triggering one of the most significant changes in Europe’s security architecture in decades. The applications came after more than 250 Ukrainian fighters surrendered to Russian...
Source: malaymail - 🏆 1. / 86 Read more »
Mariupol defenders surrender to Russia but their fate is uncertain | Malay MailMARIUPOL, May 18 — More than 250 Ukrainian fighters surrendered to Russian forces at the Azovstal steelworks in Mariupol after weeks of desperate resistance, bringing an end to the most devastating siege of Russia’s war in Ukraine and allowing President Vladimir Putin to claim a rare victory in...
Source: malaymail - 🏆 1. / 86 Read more »
Russia lowers car production safety standards after sanctions | Malay MailMOSCOW, May 17 — Russia has eased safety standards for cars produced on its territory — such as dropping the requirement for airbags — after Western sanctions over Ukraine caused a shortage of electronic components and car parts. In a decree signed on May 12, the Russian government announced... Stupidity
Source: malaymail - 🏆 1. / 86 Read more »
Ukrainian troops evacuate from Mariupol, ceding control to Russia | Malay MailKYIV, May 17 — Ukraine’s military said today it was working to evacuate all remaining troops from their last stronghold in the besieged port of Mariupol, ceding control of the city to Russia after months of bombardment. The evacuation of hundreds of fighters, many wounded, to Russian-held...
Source: malaymail - 🏆 1. / 86 Read more »