Tag: Investment
Just Stop Oil approach ‘contemptible’ says Starmer – POLITICO
LONDON — Protesters demanding an immediate halt to British fossil fuel production are “contemptible,” Labour leader Keir Starmer has said, in his latest move to distance the party from U.K. climate activist group Just Stop Oil.
In an article for the Sunday Times, the opposition leader emphasized Labour’s position that the country will need to exploit existing North Sea oil and gas sites “for decades to come.”
Just Stop Oil has been heavily criticized for its use of disruptive public
9 ways Dutch political paralysis hits the EU – POLITICO
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It’s hard to punch above your weight if you’re handcuffed.
In Brussels, the Netherlands is known for its assertive positioning in EU legislation in a wide range of policy files. Despite its relatively small size, the Netherlands has a tendency to get involved, even on files that are not at the core of the Dutch domestic debate.
Its prime minister, Mark Rutte, is the second-longest serving European Union leader
Californian police officers to use electric Tesla Model Y’s after £400,000 investment
New electric Tesla Model Y’s will be rolled out to police officers in an entire city as part of a major EV push.
The South Pasadena Police Department will be the first in the United States to convert their entire fleet to electric models with specially adapted Tesla cars selected.
The models will be supplied by Unplugged Performance who have worked in uplifting the vehicles to make them ideal for law enforcement use.
Funding for the scheme was obtained by
Britain’s creaking energy grid isn’t ready for net zero – POLITICO
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LONDON — The U.K.’s energy grid is just not ready for the shift to clean power.
That’s the stark finding of a year-long, government-commissioned review published Friday, which warns the country’s existing energy policies are “badly out of date” as a crucial decarbonization deadline looms and Britain eyes a future of electric cars in every driveway and heat pumps in every home.
Getting buy-in for the major changes needed
Now is the time to double down on green pledges — not back down – POLITICO
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Matt Hancock is a member of parliament of the United Kingdom and former secretary of state for health and social care.
As the impact of climate change becomes more apparent, and the competition for green investment intensifies, it is clear that voters will not forgive politicians that slow down. They will reward those who double down and deliver the fair, affordable and ambitious environmental action we need to see.
Chelsea owner Todd Boehly looking for investment after transfer gamble | Football | Sport
American billionaire Todd Boehly has faced a difficult first year as owner of Premier League club Chelsea with the team falling well short of expectations despite investing hundreds of millions of dollars in transfers. And the 49-year-old is seeking fresh investment in the West London club despite becoming chairman just 15 months ago.
It was a season to forget for the Blues. Burning through three managers in Thomas Tuchel, Graham Potter and Frank Lampard and finishing the season in 12th
Don’t throw a spotlight on Northern Ireland stalemate, Sunak urged – POLITICO
DUBLIN – Rishi Sunak should postpone plans for an international investment conference in Northern Ireland because it will cast a counterproductive spotlight on its political paralysis, the U.K. prime minister has been warned.
Sunak announced plans for the September 12-13 conference following his Windsor Framework agreement with the European Union. That painstakingly negotiated compromise was designed to minimize post-Brexit restrictions on British goods movements into Northern Ireland and reinforce the U.K. region’s unique access to the EU single market, a
F1 team ‘in talks’ to be renamed Hugo Boss with fashion giants plotting major investment | F1 | Sport
Red Bull’s sister team will no longer be named after the group’s fashion industry brand, AlphaTauri, at the end of 2023. Instead, they are reportedly ‘in talks’ about adopting the branding of iconic fashion retailer Hugo Boss.
According to RacingNews365, the junior Formula 1 team – formerly Minardi and Toro Rosso – was subject to a £787million ($1billion) takeover bid. However, Red Bull rejected it and now want to find a new sponsor for the team.
Hugo Boss are said
China found influence in Europe’s west — not east – POLITICO
Andreea Brinza is vice president of the Romanian Institute for the Study of the Asia-Pacific.
Soon after its inception in 2012, China’s then 16+1 mechanism for cooperation with Central and Eastern Europe (CEE) was deemed by some observers as a divide et impera strategy against the European Union.
But what a difference a decade makes, as it is, ironically, Western Europe that’s now putting the Continent’s unity on China to the test.
Regarded as small, in need of money,
Not so fast on electric cars, says UK’s business minister – POLITICO
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LONDON — Business and Trade Secretary Kemi Badenoch is hoping to persuade Cabinet colleagues to soften new rules on electric cars, as the row over Britain’s net-zero targets rumbles on.
U.K. automakers could be hit with fines of up to £15,000 per car if they miss production goals on electric vehicles (EVs) next year.
But Badenoch — a Conservative rising star often talked about in Westminster as a future