Europe needs to ramp up efforts to cut its dependency from Russian fossil fuel imports in the face of the latest crisis, German Chancellor Olaf Scholz said in Brussels on Friday.

“All together, we are very, very well prepared for the difficult challenge linked to Russian fossil fuel imports,” he told reporters as he arrived for the second day of an EU summit.

He said this was the reason why the bloc had not only imposed sanctions on Russian coal and oil at an early stage, but had as well worked on adjusting its infrastructure in a way that European countries can import gas from other countries, too.

EU Must Speed Up Efforts to Get Independent from Russian Fossil Fuel | Devamı>>>

A transition towards a low-carbon economy is forecast to boost output and employment growth in the EU thanks to a spur in investment in clean energy, according to a new report released on Tuesday. An analysis run by Cambridge Econometrics and EU agency Eurofound’s European jobs monitor calculated that the EU28 GDP would be 1.1 per cent higher by 2030 in case of the Paris Climate agreement was implemented compared to the baseline scenario.

The number of jobs would be boosted by 0.5 per cent over the same period.

Shift to Cleaner Energy Would Nudge Up EU Output, Report Shows | Devamı>>>

A transition towards a low-carbon economy is forecast to boost output and employment growth in the EU thanks to a spur in investment in clean energy, according to a new report released on Tuesday. An analysis run by Cambridge Econometrics and EU agency Eurofound’s European jobs monitor calculated that the EU28 GDP would be 1.1 per cent higher by 2030 in case of the Paris Climate agreement was implemented compared to the baseline scenario.

The number of jobs would be boosted by 0.5 per cent over the same period.

Shift to Cleaner Energy Would Nudge Up EU Output, Report Shows | Devamı>>>