#AUSTRALIA: New South Wales Hopes To Spur Green Energy Boom

[world politics news] 

The Australian state of New South Wales hopes to lead the nation in renewable energy.

The NSW government hopes to drive the transition to renewable energy by attracting $32 billion of private investment in infrastructure, delivering thousands of jobs and creating among the cheapest and most reliable electricity in the world.

In the most ambitious energy plan in the country, the state government will support the private sector to build critical energy infrastructure by 2030 as NSW faces the end of the coal-fired power generation.

[FULL STORY HERE]

World Politics News is dedicated to raising Americans' knowledge of political events, elections, and legislation throughout the world.

#EU: German MEPs Say Coronavirus Has Made Euro "Green New Deal" Not Affordable

[world politics news]

Members of the European Parliament from Germany's ruling party are saying that in the age of Coronavirus, the European version of the Green New Deal is no longer economically viable.

The leader of the Parliamentary Party Markus Pieper told news magazine FOCUS:
"The Green New Deal was a gigantic challenge for an economy in top shape. After the corona bloodletting, it is simply not financially viable.”

Pieper suggests, among other things, to expand trading in CO2 to electric cars and building renovations instead of fixed CO2 quotas. “Then the market regulates the progress in climate protection according to supply and demand via a price mechanism,”

[FULL STORY HERE]

World Politics News is dedicated to raising Americans' knowledge of political events, elections, and legislation throughout the world.