By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
Indebta > News > Climate regulation is driving support for populism, says EU parliament chief
News

Climate regulation is driving support for populism, says EU parliament chief

News Room
Last updated: 2023/09/07 at 9:16 AM
By News Room
Share
3 Min Read
SHARE

Receive free Climate legislation updates

We’ll send you a myFT Daily Digest email rounding up the latest Climate legislation news every morning.

The head of the European parliament has said Brussels’s growing list of climate and industrial regulations is driving voters towards populist parties ahead of EU-wide elections in June.

A “proportionality test” and a proper cost assessment were needed for new regulations, Roberta Metsola said in an interview.

“Euroscepticism grew because the parties of the centre took their voters for granted,” the Maltese politician added, referring to her own European People’s party and the centre-left Socialists and Democrats.

“If the EPP and S&D have lost ground, we have to ask ourselves why. Why have we stopped talking to our businesses? Have we placed being climate ambitious as not being mutually exclusive with economic growth?”

Eroding living standards because of high inflation, concerns over immigration and the cost of climate change policies, such as replacing gas boilers, are fuelling a rightward tilt among voters, according to analysts.

Polls point to big gains for hard-right parties such as Alternative for Germany and Giorgia Meloni’s Brothers of Italy as well as losses for the Greens, Liberals and other centrists. However, the four big pro-European groupings are likely to retain a majority.

Metsola’s EPP recently called for a moratorium on regulation and opposed a plan to improve biodiversity by rewilding some farmland.

But she said her latest comments reflected the view of members as a whole and that parliament’s response was based on public pressure.

“We don’t do a proportionality test. We don’t ask once it is implemented, how much will it really cost?” she said.

“This will be my fifth European election. And it’s a question we get asked every time: ‘You talk of big regulatory projects, but you don’t cost them.’”

She added that Slovakian journalists had told her tighter rules for combustion engine emissions, known as Euro 7 standards, were likely to cost jobs. Carmakers have said that with the sale of petrol and diesel-powered cars and vans being banned in the EU from 2035, the new rules were pointless.

However, some nature policies were popular among the electorate, she said, adding that the European Commission should publish its proposal to improve farm animal welfare, which came in response to a petition by more than 1mn European citizens.

She also called on Brussels to loosen its fiscal rules so that governments can maintain spending on public services and infrastructure.

“Prime ministers say I cannot beat an ever-growing Eurosceptic population if I find myself in a situation where the bureaucracy is bearing down on me,” she said.

Read the full article here

News Room September 7, 2023 September 7, 2023
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
Carmakers sour on EU’s ‘disastrous’ petrol engine rule changes

Stay informed with free updatesSimply sign up to the Electric vehicles myFT…

Risks to the bull market’s record run, Wall Street’s top analyst calls

Watch full video on YouTube

Should Americans be blaming AI for mass layoffs?

Watch full video on YouTube

Elon Musk makes an unhelpful cameo in Warner Bros buyout

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects…

US defence act passes in rebuke to Trump administration’s stance on Europe

Unlock the White House Watch newsletter for freeYour guide to what Trump’s…

- Advertisement -
Ad imageAd image

You Might Also Like

News

Carmakers sour on EU’s ‘disastrous’ petrol engine rule changes

By News Room
News

Elon Musk makes an unhelpful cameo in Warner Bros buyout

By News Room
News

US defence act passes in rebuke to Trump administration’s stance on Europe

By News Room
News

When business and democracy don’t mix

By News Room
News

Fei-Fei Li of World Labs: AI is incomplete without spatial intelligence

By News Room
News

German fintech hits €12.5bn valuation in deal backed by Peter Thiel

By News Room
News

Harbor Dividend Growth Leaders ETF Q3 2025 Commentary (GDIV)

By News Room
News

Digital bank N26 appoints UBS executive as new chief after fresh sanctions

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?