EU pandemic recovery plans set to bailout fossil-fuel companies
Across Italy, France, Portugal and Spain, at least €8.3bn of EU recovery funds are planned to be spent on hydrogen and renewable gases thanks to lobbying from the fossil-fuel industry (Photo: wfabry)
Brussels, Today, 07:05
The official declaration of a global pandemic last spring brought with it a short lived sensation of optimism: the virus showed us that we could do things differently.
EU officials agreed: they said that in distributing EU recovery funds, they wanted to avoid repeating the mistakes made after the 2008 financial crisis when billions of euros of public money went to bailing out the fossil-fuel industry.