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Financial institutions from European countries have provided large sums of money to palm oil companies responsible for illegal fires and possibly deforestation in Indonesia.
The data on global warming suggests that many seaside resorts in Atlantic and Mediterranean Europe could lose their beaches due to sand erosion caused by rising sea levels and human activity.
In more than 35,000 European municipalities, average temperatures have risen by more than 2°C over the last fifty years. From big cities to small villages, the climate crisis reaches every corner of Europe – but citizens are rising up, and people in power are finally taking action.
Drawing inspiration from the long voyages taken by well-off European youths in centuries past, OBC Transeuropa takes us on a tour of global warming hotspots in south-east Europe.
Our analysis looks at the rise in average temperature for about 100,000 municipalities in Europe. Mean temperature values of the 1960s were compared with those of the 2010s, in order to explore the import of global warming at a local level.
The EU Emission Trading System, the EU’s main mechanism to disincentivise CO2 emissions, seems not to have had the desired results. Major industrial groups, often with the support of their own governments, profit from systemic weaknesses while continuing to produce energy using fossil fuels.
In terms of CO2, energy production is the human activity with the worst impact on the environment in Europe. Emissions in the EU may be falling, but there are still major obstacles to achieving climate neutrality. Meanwhile, to the east, dozens of new coal plants will be built in the near future.
In Europe, the period 2020-2021 was to mark the turning point in the fight against plastic waste, one of the most urgent problems of our century. Then came the new Coronavirus: with masks, gloves, and anti-contagion packaging, the risk of a step back is increasingly concrete
While the EU’s most populous countries are recording the most overall COVID-19-related deaths since the start of the pandemic, the Czech Republic, Hungary, and Bulgaria had the highest number of COVID-19-related deaths in relation to their populations during the same period.
As public institutions struggle to implement their plans effectively, private banks are still not pulling their weight. With the slowness and mounting obstacles facing public finances, combined with the unreliability of the private system, how secure is the future of energy transition?