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Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

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For example, rich countries such as Germany can throw billions of dollars at their coal sector to ease their transition pain, offering generous financial aid to lignite-producing regions. Nigeria or Algeria cannot do the same for their oil industry. The world fractures into two camps in a clean-tech cold war. Big green deal. ?This

Carbon 207
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Europe moves forward on the Energy Union; transport key element

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Today, we launch the most ambitious European energy project since the Coal and Steel Community. Further, the Commission will work with Member States to develop access to alternative suppliers, including from the Southern Gas Corridor route, the Mediterranean and Algeria, in order to decrease existing dependencies on individual suppliers.