After Davos, A Race For Money To Stop Climate Change
After Davos, a race for money to stop climate change
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After Davos, a race for money to stop climate change
President Joe Biden's plan to subsidize clean energy is 'dangerous' and risks pushing the world toward protectionism, UK Business Secretary Grant Shapps sa...
In a speech to the World Economic Forum Davos, Switzerland, the President of the European Commission Ursula von der Leyen announced plans for a "sovereignty fund" and a "Net Zero Industry Act" to defend Europe's industrial base from massive US and Chinese subsidies. "We see aggressive attempts to attract our industrial capacities away to China and elsewhere," von der Leyen tells the world's global political and business elite at their annual meeting in the Swiss Alpine resort.
Western climate subsidies risk hitting emerging markets: IMF
US climate envoy John Kerry bluntly summed up in one word what the planet needs to avoid a global warming catastrophe at the World Economic Forum this week: