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European Commission

S&D: These are the demands for the next five years

Europe’s Social Democrats have detailed their corporate tax proposals. In social legislation, they aim to introduce a dedicated AI law for employees. In energy policy, they demand a mandatory end to fossil fuel subsidies.

By Manuel Berkel

Braunkohletagebau Nochten DEU/Deutschland/Sachsen/Weisswasser, 21.03.2023, Tagebau Nochten LEAG bei Weißwasser in der saechsischen Lausitz, ein Absetzer verkippt Abraummassen. *** Nochten opencast lignite mine DEU Germany Saxony Weisswasser, 21 03 2023, Nochten LEAG opencast mine near Weißwasser in Lusatia, Saxony, a spreader is dumping overburden AF_Nochten_36720

EU Commission makes Leag compensation partly conditional

Instead of 1.75 billion euros, the lignite company Leag will receive only 1.2 billion euros for the coal phase-out. The remaining amount depends on future electricity and carbon prices – and on a formula that has apparently not even been worked out yet.

By Malte Kreutzfeldt