EU fear severe energy crisis over winter months as Russia pulls natural gas
⛽️ Europe unwillingly says bye-bye to Russian natural gas.
After years of heavily relying on natural gas pumped from Russia’s state-owned exporter Gazprom, Europe is now struggling with the potential of a crippling economy and difficult winter as the pipeline is shut off to Germany. European Union officials are accusing Russia of “energy blackmail”.
Deforestation is a major global problem, with agriculture responsible for a whopping 90% of it.
European Union countries hit a roadblock on Wednesday as they halted the progress of new regulations aimed at making large companies accountable for potential forced labor and environmental harm in their supply chains.
Investor groups are urging EU countries to support a proposed law, the Corporate Sustainability Due Diligence Directive, which would hold large companies accountable for environmental and human rights violations in their supply chains.
The Biden administration has hit the pause button on a critical decision regarding the approval of the largest natural gas export terminal in the United States.
Estonia's foreign minister, Margus Tsahkna, has accused Moscow of orchestrating a "blatant hybrid attack" by facilitating a surge in migrants from Africa and the Middle East arriving at the EU's eastern frontier.
France, Germany, and Italy have opposed the EU's draft AI legislation, particularly regulations concerning "foundation models" that underpin large AI language models.
The United States and China, along with 27 other countries and the EU, have signed the Bletchley Park Declaration on AI during a two-day AI Safety Summit held in the UK.
Germany has allowed France to use state subsidies for its nuclear power plants, breaking a deadlock in EU electricity market reform discussions.
Belgium is investigating potential security risks related to China's Alibaba Group's presence at Liège Airport, where its main European logistics center is located.
Seismic evidence has revealed new details about the explosions linked to the attack on the Nord Stream pipelines.
New Brexit trade rules related to electric vehicles could impose a significant financial burden on European auto manufacturers, potentially costing them £3.75 billion ($4.58 billion) over the next three years, as reported by BBC News.
Europe is grappling with a severe public health crisis as nearly everyone on the continent resides in areas plagued by dangerous air pollution levels, according to an investigation by The Guardian.
Ships transporting goods in and out of the European Union will soon face significant emissions-related costs as they join the bloc's Emissions Trading System (ETS) starting in January 2024.
The U.S. and EU are taking steps to lessen Asia's stronghold on the global semiconductor market. With the shift of semiconductor manufacturing operations to major Asian countries, the U.S. and Europe have faced challenges in maintaining competitiveness.
Moody's has highlighted that the new Deforestation Regulation introduced by the European Union poses a significant risk to European supply chains.
Major fossil fuel companies, including Shell and Chevron, are shifting their focus to natural gas as they anticipate increased demand in the coming decades.
Republican lawmakers Senator Tim Scott and Representative James Comer have expressed concerns about European Union (EU) environmental, social, and governance (ESG) measures gaining traction in the United States.
Italy has unveiled plans to establish a €1 billion sovereign fund to support strategic companies and enhance domestic production, aiming to strengthen key supply chains.
European governments have traditionally been more aggressive in regulating fuel consumption, but the United States is catching up with strict emissions regulations and fines for automakers that fail to meet EV sales targets.
Under new EU regulations set to come into force in 2024, European transport and logistics firms, including airlines, airports, and shipping lines, will have to bolster their cybersecurity measures.
While operating in different industries, Walmart, Chevron, and Cummins are all large, multinational corporations with significant global reach and impact.
Shell's Starship big rig is a concept truck that was developed as a collaboration between Shell Lubricants and the AirFlow Truck Company.
Ever since the war started between Russia and Ukraine, many European countries have reverted to using coal and other less environmentally friendly practices.
Since the European Union banned the shipment of Russian oil, it has disrupted global shipping patterns.
Europe has slowed production of lithium-powered cars, their production this year is expected to be over a million cars less than the original estimate.
Germany, Italy, and some other small eastern European countries have formed an alliance in order to voice opposition to Europe’s ban on combustion engines.
Sennder is a Berlin-based digital freight forwarder and logistics company that partners with Amazon to provide delivery services in Europe.
In the race to fully transition to green energy, investments are rampant on both sides of the Atlantic Ocean to integrate electric vehicles and other sources of clean energy.
This regulatory framework has been in the works for awhile - a digital product passport developed as a tool to help companies demonstrate compliance with standards.
A top cybersecurity firm, ESET, has uncovered Chinese hacking attempts in the European cargo shipping industry, marking the latest instance of China-aligned groups infiltrating Western economic infrastructure.