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Image header Agence Europe
Europe Daily Bulletin No. 12537
Contents Publication in full By article 13 / 30
SECTORAL POLICIES / Energy

Risk of creating stranded assets is “enormous” right now, warns Frans Timmermans

At the moment, the risk of creating “stranded assets” in the energy sector is “enormous”, European Commission Executive Vice-President for the European Green Deal Frans Timmermans said on Monday 27 July in an interview for Columbia University’s Center on Global Energy Policy.

With that, the Vice-President assured that he understood environmentalists’ concerns regarding the risk that the public funds mobilised for post-Covid-19 economic recovery would be “squandered” to...

Contents

BEACONS
BEACONS: In support of an EU ‘Zero Racism’ pact (2/4)
EXTERNAL ACTION
CHINA: Dombrovskis calls on Beijing to make further progress before next leaders’ summit in autumn
UKRAINE: according to Enrique Mora, ceasefire is “more or less” working
UNITED KINGDOM: SMEunited’s European and British SMEs hope for early agreement on future relationship between UK and EU
TRADE: EESC calls for new EU trade model to be developed
ECONOMY - FINANCE - BUSINESS
INSURANCE: insurance against pandemic risks, EIOPA identifies several possible options at national and European level
ECONOMY: VoteWatch and BCW analyse influence of MEPs in EU economic policy-making
EU RESPONSE TO COVID-19
BANKS: ECB extends its recommendation to banks not to pay dividends until January 2021
ECONOMY/BUDGET: European Parliament must “improve” 2021-2027 MFF and EU’s post-Covid-19 recovery plan, says Jacques Delors Institute
CIVIL PROTECTION: EU coordinates aid for Kenya, Bangladesh, Ecuador and El Salvador as result of Covid-19
STATE AID: Covid-19, UK aid to stabilise commercial credit insurance market given green light
TRADE: extension of system of reliefs for medical and personal protective equipment imports
SECTORAL POLICIES
ENERGY: risk of creating stranded assets is “enormous” right now, warns Frans Timmermans
DIGITAL: cybersecurity, still no agreement on Competence Centre after two years of discussions
DIGITAL: Facebook refers to EU Court of Justice over “intrusive” Commission requests
FUNDAMENTAL RIGHTS: Ursula von der Leyen meets European Parliament’s anti-racism intergroup, a first welcomed by MEPs
MIGRATION: European Court of Auditors to examine effectiveness of European return arrangements for irregular migrants
TRANSPORT: ECDC and EMSA issue guidance for resumption of cruises, despite continuing infection risks
AGRICULTURE: agricultural trade slows down due to coronavirus crisis
ENVIRONMENT: EEB urges Mr Timmermans to prevent dilution of forthcoming ‘Chemicals Strategy for Sustainability’
COUNCIL OF EUROPE
POLAND: Parliamentary Assembly of Council of Europe urges Polish Parliament to hold a hearing to dispel “myths of the Istanbul Convention”
NEWS BRIEFS
CLIMATE: ISO guide to taking climate issues into account in standards development
ENERGY: launch of assembly phase of ITER fusion reactor project
ENERGY: 190 organisations have applied to join European Clean Hydrogen Alliance
COMPANIES: Commission and European Investment Fund make €100 million available for innovative technology companies
SPACE: Frenchman Thomas Pesquet will be first European to fly to ISS aboard American SpaceX Crew Dragon
SEAS: Commission launches public consultation on international ocean governance
MIGRATION: Sophie in 't Veld questions European Commission on how Member States apply current asylum rules
CSDP: EU extends EUNAVFOR Med Irini’s authorisation to operate
CSDP: EU accepts Ukraine’s contribution to operation EUFOR Althea