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Fortune
Fortune
Peter Vanham, Nicholas Gordon

EU climate proposals are clashing with energy giants' love of fossil fuels

A woman with blonde hair wearing glasses and sitting amongst a group of individuals with a name card in front of her. (Credit: Waleed Zein—Anadolu/Getty Images)

Good morning,

I spent much of last week in the UAE, where the United Nations COP climate meeting is now in full swing. And one of the most striking observations I made while there was the diverging nature of Europe's two climate narratives.

On the government side, the European Union was among those making the most climate-minded proposals. The EU spearheaded an effort to set a global goal of tripling renewable energy by 2030. It also called for “concrete actions to phase out fossil fuels throughout energy systems globally,” and said it would be “pushing for language that reflects this in the final COP decision.”

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