The Arctic as a resource base
What’s wrong with Russia’s official documents on the Arctic.
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Publish date: March 19, 2009
Written by: Eivind Hoff
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Bellona welcomes the consensus reached amongst EU leaders as a sign that climate change has become a top priority for the Union also in its budgetary priorities.
In total, €5billion will be reallocated from EU budget chapters that are under-spent, in particular the EU’s common agricultural policy, to infrastructure projects that are European political priorities and that will create new jobs.
Half of the €5bn will be made available for low-carbon projects: €1.050 million for seven CCS projects, €910 million for electricity interconnectors (helping the integration of renewable energy into the grid) and €565 million for offshore wind projects in the North Sea and the Baltic Sea.
The other half will be spent on broadband infrastructure and gas interconnectors.
Although the EU recovery package still has to be approved by the European Parliament, which is due to vote on the package on May 5th, it will be hard to undo today’s deal. It follows a first proposal by the European Commission in November. Click here for a background article, here for information from the Council of Europe, and here for more details reported by the main European affairs newsweekly, the European Voice.
What’s wrong with Russia’s official documents on the Arctic.
As uranium supplies from Russia fall under the shadow of potential sanctions, and while Ukraine’s allies look to wean themselves off nuclear fuel produced by Moscow’s Rosatom corporation, owners of left-for-dead mines in the US are looking to revive their deposits.
The European Union doubled its purchases of Russian nuclear fuel in 2023, data from Eurostat and the UN’s international trade service Comtrade show.
The output of Russian nuclear power plants in 2023 decreased by 2.8% compared to 2022. A decrease in output occurred for the first time in 10 years a...