EU urges Facebook, Twitter, Google to help tackle climate change

93
1
EU urges Facebook, Twitter, Google to help tackle climate change

The EU has urged Facebook, Twitter and Google to improve user terms by the end of September. Jorge Guerrero AFP BRUSSELS - The ministers of finance and economic affairs of the European Union member states, meeting in Luxembourg on Tuesday, agreed to include energy self-sufficiency in their national recovery and resilience plans.

REPowerEU, a plan proposed by the European Commission in May, aims to strengthen the Union's strategic autonomy by diversifying energy supplies, so that the bloc doesn't depend on Russian fossil fuels. It aims to increase energy saving and the production of clean energy.

In practice, the proposal wants to add a new REPowerEU chapter to the EU member states' national recovery and resilience plans RRPs under NextGenerationEU in order to finance key investments and reforms that will help achieve the REPowerEU objectives, according to the EU CouncilEU Council.

An additional 20 billion euros US $19.9 billion, originating 75 percent from the Innovation Fund and 25 percent from frontloading EU Emission Trading System ETS allowances, will be included in the Resilience and Recovery Fund's financial envelope.

The European Commission, the European Parliament and the European Council will be discussing the proposal for REPowerEU.