EU Energy Commissioner Dan Jørgensen is confident that the European Union’s affordable energy action plan will save the bloc billions in the long term with 45 billion Euro in savings possible by next year.
Although the EU hopes to attract more climate friendly investments as a result of US President Donald Trump’s energy policies, the EU’s Energy Commissioner also had to acknowledge the bloc’s need for US supplies of liquefied natural gas (LNG).
Plans for a phase out of Russian fuels may be on back burner, but not dead. Things were complicated, EU Energy Commissioner Dan Jørgensen told the European Newsroom (enr) in an interview.
The European Union’s focus has pivoted to competitiveness due to concerns about sluggish economic growth, a sharp move away from EU Commission chief Ursula von der Leyen’s first term that focused on tackling climate change. The Clean Industrial Deal is a big part of that. But what exactly does it entail?
Brussels is readying itself for tough talks with US President Donald Trump over trade. While projecting a stoic image, many are still concerned despite some EU member states trying to look on the bright side.