Billions wasted, subsidies without effect: the European Court of Auditors repeatedly exposes discrepancies and absurdities in the use of taxpayers’ money. This is also the case in the latest report on financial support to coal regions to phase out dirty energy more quickly.
From 2014 to 2020, the EU had pumped €12.5 billion into seven regions surveyed. The result of the report is sobering: coal continued to cause significant greenhouse gas emissions in several EU countries, so the billions were of little use for climate protection. But: For the “Green Deal” decided by the EU, the phase-out of coal is an essential condition for achieving the set climate goals.
A few days ago, the EU Court of Auditors presented its new audit program for the coming year. It says: Intensive work will be done on the Corona development package and on the themes of energy security and environmental pollution. Competitiveness, banking supervision, anti-fraud and transparency of lobbying are also discussed.
Source: Krone
I am Wallace Jones, an experienced journalist. I specialize in writing for the world section of Today Times Live. With over a decade of experience, I have developed an eye for detail when it comes to reporting on local and global stories. My passion lies in uncovering the truth through my investigative skills and creating thought-provoking content that resonates with readers worldwide.
