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Lukas Knigge

Lukas Knigge Published: March 23rd, 2022

Taxonomy: MEPs strongly criticize Commissioner McGuinness

In a debate between Finance Commissioner Mairead McGuinness, the ECON Committee, and the ENVI Committee of the EU Parliament, MEPs voiced their anger about the Commission’s proposal on taxonomy. One of the accusations leveled at the Commission was that it had ignored both the scientific community and the Parliament. The latter wants to classify gas […]

Lukas Knigge Published: March 23rd, 2022

CO2 fleet limits for passenger cars: Rapporteur presents compromise

Parliament’s rapporteur for the revision of CO2 fleet limits for cars and vans, Jan Huitema (Renew), has drafted a compromise text for an agreement in the ENVI committee. Although his report was littered with numerous amendments (Europe.Table reported), the liberal Dutchman does not plan to make any significant changes.Huitema is sticking to his reduction targets […]

Lukas Knigge Published: March 22nd, 2022

Germany and UAE accelerate hydrogen cooperation

Germany is deepening its cooperation with the United Arab Emirates (UAE) in the research and production of hydrogen. It is intended to make the first deliveries to Germany possible this year, the Ministry of Economics announced on Monday during the visit of Minister Robert Habeck in Abu Dhabi. Several cooperation agreements were signed for the […]

Lukas Knigge Published: March 22nd, 2022

How can peace be achieved? The EU foreign and defense ministers met yesterday in Brussels for the “Jumbo Council” to answer this question, among others. The result is a new security policy strategy. This strategy was not explicitly drawn up for the war in Ukraine, but it should be part of the response, according to […]

Lukas Knigge Published: March 21st, 2022

Charging infrastructure expansion: progress on AFIR dossier

The Alternative Fuel Infrastructure Regulation (AFIR) is part of the Fit for 55 package and is intended to drive forward the development of a charging infrastructure for EVs. The EU Commission had proposed that member states must mandatorily add one kilowatt (kW) of charging capacity with each newly registered EV – 0.66 kW for each […]

Lukas Knigge Published: March 18th, 2022

Federal government supports phasing out of internal combustion engines in 2035

On behalf of the German government, Minister Steffi Lemke (Greens) has expressly supported the end of the combustion engine in cars and vans from 2035. “When it comes to climate protection in transport, the EU fleet limits have proven to be an effective instrument for reducing CO2 emissions,” she said at the Environment Council in […]

Lukas Knigge Published: March 18th, 2022

ETS 2: cracked, but not dead yet

Skepticism is growing in the EU Parliament about a second emissions trading system for road transport and heating (ETS 2). Greens and Social Democrats now agree that the social burden of a sectoral expansion of CO2 pricing would be too high. And at the meeting of EU environment and climate ministers in Brussels on Thursday, […]

Lukas Knigge Published: March 17th, 2022

The German government has been in office for one hundred days. At the time, it seemed as if every second sentence spoken by the traffic light coalition ministers spoke of new beginnings and progress. But instead of heading toward a green future, it now finds itself involuntarily in a situation that we thought we had […]

Lukas Knigge Published: March 17th, 2022

Commission approves energy aid for Spain and Czech Republic

EU competition watchdogs on Wednesday approved energy subsidies for Spain (€2.9 billion) and the Czech Republic (€1.4 billion). With this, the EU Commission wants to compensate energy-intensive companies for higher electricity costs caused by rising CO2 prices in the EU Emissions Trading Scheme (ETS).Both regulations allow indirect emission costs incurred in the previous year to […]

Lukas Knigge Published: March 17th, 2022

Sustainability Reporting (CSRD): bureaucratic monster or transparency guarantor?

CSRD is about risk minimization and environmental as well as social responsibility. To date, reporting requirements on non-financial aspects of companies lack structure and comparability. This makes it difficult for investors, policymakers, and consumers to assess the environmental and social impacts of companies.The CSRD (formerly Non-Financial Reporting Directive – NFRD) aims to require companies to […]