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Europe's path to energy transition: Why the US development offers new opportunities

Summary by Emagazine.com
The energy transition is one of Europe’s most ambitious projects, with the goal of becoming climate-neutral by 2050. During President Trump’s term in office in the US, climate protection was put on the back burner in favor of fossil fuels. Now, President Trump has declared a “national energy emergency” to promote fossil fuels and freeze funding for the Inflation Reduction Act (IRA). This also creates new opportunities for Europe! The EU has its …
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Emagazine.comEmagazine.com

Europe's path to energy transition: Why the US development offers new opportunities

The energy transition is one of Europe’s most ambitious projects, with the goal of becoming climate-neutral by 2050. During President Trump’s term in office in the US, climate protection was put on the back burner in favor of fossil fuels. Now, President Trump has declared a “national energy emergency” to promote fossil fuels and freeze funding for the Inflation Reduction Act (IRA). This also creates new opportunities for Europe! The EU has its …

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Emagazine.com broke the news in on Tuesday, January 28, 2025.
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