German infighting helps push for greener financial support

Politico (EU) | Nov 12, 2019 at 6:50 PM
  • A political deadlock in Germany is opening the way for a breakthrough in revamping the European Investment Bank’s energy lending policies.
  • A standoff between the Social Democratic Party and Christian Democrats in Germany’s fractious ruling coalition means that Berlin will likely abstain from voting on Thursday.
  • The Commission has refused to publicly back the phase-out of gas lending, arguing that the fuel has a role in cutting the bloc’s CO2 emissions.