Brussels softens its ‘toll’ for polluting amid industry pressure to lower energy costs
The battle is on. On one side, the defenders of a green economy, who warn that the closure of the Strait of Hormuz and the fierce heat wave that has caused at least 12,000 additional deaths in Europe are a reminder of the climate crisis. On the other, the pressures from industry, which is already suffering the consequences of Chinese competition and US tariffs, and is calling for cheaper energy costs.