Tag: energy

“Fit for 55”: the Green Deal is accelerating… in order to reduce by more than 20% the purchasing power of your salary

16 July, 2021 · European Union

Ursula von der Leyen, Timmersmans and three commissioners - Kadri Simson, Paolo Gentiloni and Adina-Ioana Valean - present the "Fit for 55" package in Brussels under the slogan "Delivering the European Green Pact".
Ursula von der Leyen, Timmersmans and three commissioners - Kadri Simson, Paolo Gentiloni and Adina-Ioana Valean - present the "Fit for 55" package in Brussels under the slogan "Delivering the European Green Pact".

The European Commission presented this week “Fit for 55”, a package of measures aimed at developing the European Climate Law. The stated aim is to reduce by 2030 emissions in the EU countries as a whole to 55% of what they were in 1990. The media linger on the end of cheap flights and the ban on the sale of cars with combustion engines by 2035. But first and foremost it is a way to inflate the speculative emissions market at the cost of higher fuel, heating, transport, food and construction prices.

New electricity bill

1 June, 2021 · Spain

Energy poverty will inevitably grow with "fit for 55" package.
Energy poverty will inevitably grow with "fit for 55" package.

Last night [in Spain -TN], the new electricity bill came into force. Although the Green Deal is already being felt in the general price increase, this is the first direct move that ties the energy transition to the loss of workers’ purchasing power. It is sold to us as a price drop made possible by renewables. In reality it is quite the opposite.