Vulcan View | The latest EU developments 13 – 17 November

EU reaches milestone deal to curtail methane emissions

Earlier this week, the European Commission welcomed a provisional agreement between the European Parliament and Council on a groundbreaking EU regulation designed to mitigate methane emissions both within Europe and globally. Methane, a potent greenhouse gas and a major contributor to climate change, is targeted by the accord as a crucial element in achieving the European Green Deal’s commitment to reduce net greenhouse gas emissions by at least 55% by 2030. Keep reading.

EU negotiators reach provisional agreement on Critical Raw Materials

Earlier this week, the European Parliament and the Council of the European Union reached a provisional agreement on the Critical Raw Materials Act. The Act sets out a plan dedicated to ensuring the European Union’s access to a secure, diversified, cost-effective, and  environmentally sustainable supply of critical raw materials. Said materials play a key role in maintaining and enhancing European competitiveness across the green technology, digital, defence and aerospace sectors. Keep reading.

Biden-XI meeting seeks to rebuild U.S.-China relations

Earlier this week, Joe Biden welcomed XI Jinping to California for a meeting in light of the APEC summit, with this engagement being nearly being exactly a year since their last in Bali, Indonesia. In the year since, relations have continued to deteriorate between the countries. A notable escalation in US-Chinese relations came with the visit of then-Speaker of the House of Representatives, Nancy Pelosi to Taiwan in August of last year, sparking China to sever military contact with the US. A diplomatic achievement to come out of this week’s US-China summit is that the countries will now resume military communications. Keep reading.

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