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This article examines the hydrogen partnerships between Germany, the EU and Egypt in the context of the EU's Carbon Border Adjustment Mechanism (CBAM). Germany, the largest future hydrogen importer in the EU, and Egypt, a country with an ambitious hydrogen strategy, are developing a partnership...
Persistent link: https://www.econbiz.de/10014520758
The Russian invasion of Ukraine has pushed Europe to re-design its energy map at speed. Amid this unprecedented energy overhaul, the EU and the United States have flagged their commitment to reinforce their bilateral energy partnership, starting with short-term measures to boost US liquefied...
Persistent link: https://www.econbiz.de/10013347709
Europe must increasingly deal with the harmful impacts of climate change, regardless of its success in reducing emissions. These impacts have significant cross-border effects and threaten to deepen existing divisions. Cooperation on adaptation, which is mostly seen as requiring local or regional...
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Under the EU-wide Emission Trading Scheme (ETS), CO2 allowances have thus far been allocated largely free of charge. This paper presents a didactic synthesis on the impact of the ETS and argues that such a cost-free allocation will lead to an increase in electricity prices even when strong...
Persistent link: https://www.econbiz.de/10009682349
Economic insecurity and poverty represent a growing problem in the European Community today, with the re-emergence of absolute poverty on a scale unknown since the 1940's. Are we creating a new “underclass” in the midst of our still prosperous societies?
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