The decline in US GDP reported for the first quarter is not a big deal, and it is very possible that it will be reversed when the data is revised over the next two months. But it is the wrong direction. If Donald Trump envisions that we will surpass China and retake the leadership as the world’s dominant economy, we are so far going the wrong way.
Climate Crisis
EEB: General Block Exemption Regulation must align with EU climate neutrality and zero pollution goals, urges the EEB
Regulation allowing governments to provide state aid without notification to the European Commission must be improved to meet European Green Deal objectives Read here
Austerity
Thomas Fazi: Mario Draghi is running away from the mess he created
The technocrat prime minister’s resignation is hard to stomach Read Here
EU politics
ICCT – Hybrids in Germany: Within the EU’s CO2 standards, the subsidy does more harm than good for the climate
Effective climate policy requires a realistic assessment of greenhouse gas (GHG) emissions. Otherwise, policy measures may result in little climate benefit despite high costs. In the worst case, as with the purchase premiums for plug-in […]
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