Electric cars Green Deal green energy Italvolt Economy European Union News

‘Recession for the rest of our lives’ – CEO warns EU against phasing out combustion engines by 2035

The EU’s decision to ban the production of cars that run on diesel and gas in 2035 represents a major economic threat to Europe, warns Lars Carlstrom, CEO of battery manufacturer Italvolt. Despite his company’s role in producing batteries for electric vehicles, he said such a ban could bring about a “recession for the rest […]
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Energy European Commission gas green energy Hungary Viktor Orbán European Union Hungary
2 YEARS AGOEnergy European Commission gas green energy Hungary Viktor Orbán European Union Hungary

EU’s energy policy in disarray, while prices in much maligned Hungary remain stable

Hungarians have the lowest energy costs in Europe, and Viktor Orbán is calling on the EU to end its “stupid” green energy plan. What can Europe learn from Hungary’s policies to help save it from a full-blown energy crisis?

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