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"Mind the gap when leaving." Excellent
@POLITICOEurope issue on Brexit, with@jacopobarigazzi on how the UK shaped the EU, and@herszenhorn/@maiadelabaume on how Britain was never fully in — and may never be fully out either.@tball rocking the cover as usual.pic.twitter.com/72VEU9BTQV
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Hey Italians of Twitter, how to caption this in English? Is it
#WTF, or don't mess with me?https://twitter.com/Emojipedia/status/1222635333491286019 …
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Turów brown coal mine and power plant sit on a slither of
nestled between
and
. But PGE's plans to expand the mine angered Poland's Czech neighbors, afraid they will lose access to drinking water. Some, like these families, already have.https://www.politico.eu/article/poland-polish-coal-appetite-angers-its-neighbor-czech-republic-prague-germany/ …Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
government rejoices at the news it will get €2B out of newly proposed Just Transition Fund. Does this mean that Poland will endorse the EU's long-term climate objective of #climateneutralEU by 2050? June is the deadline.https://twitter.com/KurtykaMichal/status/1217403590563766272 …Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
Takeaway: The Commission’s communication on the fund, the mechanism and how these fit into a bigger investment plan including overhaul of state aid rules to deliver a
#climateneutralEU risks being reduced to a fight over who gets how many millions out of a small pot of money. ENDPrikaži ovu nitHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
On Wednesday the Commission will brief EU ambassadors, and we expect a fight over how the pie is shared. PL, DE, RO, CZ are likely be big recipients. 10/
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Commission purposefully kept this quiet, choosing instead to publish a formula based on a number of criteria: emission intensity of a region, coal, peat or shale oil employment. National shares will be adapted (poorer countries get more, richer ones less) and capped it at€2B. 9/
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The next fight will be about who gets the funding. NGOs are already saying this shouldn’t be handed out to countries which haven’t committed to phasing out coal, or don’t endorse a goal to achieve climate neutrality by 2050 (read:
) 8/Prikaži ovu nitHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
That means that only about 10% of the total mechanism — €7.5B + €1.8B + €1.5B — is concrete EU funding, which by the way hasn’t yet been agreed. And that “Fresh money is €7.5 billion, full stop," said Budget Commissioner Johannes Hahn. 7/
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The rest is made of €45B in private capital under the InvestEU program starting from a €1.8B guarantee of EU funds. Finally, €1.5B of EU funds + €10B in
@EIB capital = €25B to €30B of public loan facility. Ta-dah. 6/pic.twitter.com/aKK0ZMrZZr
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The Commission wants EU governments to come up with €7.5 billion in fresh money as part of the bloc’s future budget. It’s also asking them to provide €1.5 to €3 for each € received, as well as national co-financing. This should supposedly lead to €30B to €50B in grants. 5/
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For the rest: €279 billion in private investments under the InvestEU program. €114B in national co-financing and €100B from a Just Transition Mechanism over the next seven years, and here’s where it gets even more complicated than the below graphic by the Commission. 4/pic.twitter.com/lPMFJ4Ygcl
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these numbers are "extrapolated to ten years, without prejudice to the final agreement on the next long-term budget and the one after 2027." AKA, we don’t have this money yet but hope EU gov’ts will provide it. 3/
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Half of it (€503B) from future EU budgets. Problem: Even if ongoing & future
#MFF negotiations lead to at least 25% of EU funds for climate action, that’s up to EU governments to decide, not this Commission. The Commission acknowledges that, writing in a memo that 2/Prikaži ovu nitHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
MAGICAL MYSTERY MONEY TOUR
@EU_Commission yesterday presented a one trillion € investment plan
meant to provide the financial firepower for its #EuropeanGreenDeal. How? I’m gonna break it down in my first#thread. Or read this story w/@liliebayer 1/https://politi.co/38c5RtpPrikaži ovu nitHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
Paola Tamma proslijedio/la je Tweet
Commissioners ignore
@POLITICOEurope questions on green deal financing, just stand up and leave room. This after not publishing the regulation for over two hours, making it nearly impossible for anyone to report accurately on their plans@PaoloGentiloni@JHahnEU@ElisaFerreiraECHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
"Fresh money is €7.5 billion, full stop," says Budget Commissioner
@JHahnEU before ending the press conference on the#JustTransitionMechanism where@EU_Commission dodged questions on the national break down of those €7.5 billion.Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
The
@EU_Commission has not yet presented its Sustainable Europe Investment Plan/Just Transition Mechanism, and EU countries are already scrapping for cash from new green scheme,@liliebayer and I reporthttps://www.politico.eu/article/eu-countries-scrap-for-just-transition-cash/ …Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
Paola Tamma proslijedio/la je Tweet
Here's what you need to know about this afternoon's announcement -- and the coming fight over green deal funding.
@paola_tammahttps://www.politico.eu/article/eu-countries-scrap-for-just-transition-cash/ …Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
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