The West has sanctioned over 400 Russian executives over Ukraine, but they are technocrats with no real political power.
European Union
Italy's recent wind auction underscored permitting problems that hamper the European Union's green energy goals.
Rules proposed by the EC would hand out green labels to investments that don’t significantly help fight climate change, experts say.
ESG was a key talking point among political and business circles in 2021. It will only become more topical this year, as both legislators and the general public turn their attention towards the increasingly pressing problems facing our planet and society.
The EU has included natural gas and nuclear energy in proposals to cut carbon emissions in a pragmatic approach to meeting climate goals.
President of France Emmanuel Macron has thrown his weight behind nuclear-generated green hydrogen as the EU debates regulatory measures to cut carbon emissions.
Spain’s move to charge wind farms to offset spiking electricity prices will undermine investment in renewables, according to an industry lobby group.
Hyundai Motor will become a shareholder in hydrogen filling station company H2 Mobility as it works to expand infrastructure to power fuel cell electric vehicles.
Portugal-based renewables company Greenvolt plans to acquire Profit Energy after carrying out a $177 million IPO.
The European Union plans to decrease its fossil fuel dependence with revisions to its carbon market as it works to reach climate neutrality by 2050.