Page 11 - EurOil Week 28 2021
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EurOil                                  ENERGY TRANSITION                                             EurOil


       EU citizens view climate change




       as biggest problem: survey




        EUROPE           A new EU survey has found that European cit-  minimum, according to the study, while off-
                         izens view climate change as the single most  setting any remainder to ensure the EU is cli-
       The overwhelming   serious problem facing the world, the European  mate neutral by 2050. Some 87% think higher
       majority also want   Commission reported on July 5.    targets are needed for renewable energy capac-
       emission reduction   More than nine out of ten people surveyed,  ity, and the same share believes it is important
       targets to be higher.  some 93%, believe that climate change is a  that support is provided for improving energy
                         serious problem, whereas 78% view it as very  efficiency.
                         serious. When asked to choose the single most   “Despite the pandemic and the economic
                         serious problem facing the world, some 29%  hardship Europeans are facing, support for cli-
                         chose either climate change (18%), deteriora-  mate action remains high,” Vice-President for
                         tion of nature (7%) or health problems due to  the European Green Deal, Frans Timmermans,
                         pollution (4%).                      commented. “Europeans recognise the long-
                           The EU recently raised its goal for net green-  term risks posed by the climate and biodiversity
                         house gas (GHG) reductions by 2030 to 55%  crises, and expect industry, governments and the
                         versus a 1990 baseline level. It is in the process  EU to take action.”
                         of overhauling various climate, energy and other   The EC said the results of the survey should
                         policies to align them with this new ambition.  serve as a “rallying call for politicians and
                         The EC will propose these legislative changes,  businesses.”
                         collectively known as the Fit-for-55 package,   “For the EC, they provide added motivation
                         later this month.                    to finalise the Fit-for-55 legislation that we’ll
                           In terms of policy, 90% of Europeans agree  present later this month to make sure we reach
                         that GHG emissions should be reduced to a  our climate targets,” the Commission said. ™


                                                        POLICY

       Turkey intends to continue




       exploring East Med




        TURKEY           TURKISH President Recep Tayyip Erdogan said  the new voyage as a “major escalation” and a
                         last week that the country intends to continue  “direct threat to peace in the region”. Turkey in
       Turkey’s actions have   carrying out hydrocarbon exploration through-  return accused Athens of fuelling tensions.
       drawn the ire of the EU.  out the Eastern Mediterranean despite tensions   The Oruc Reis was sent to carry out work
                         with the European Union relating to sovereignty.  south of the Greek island of Kastellorizo, close to
                            Speaking during a visit to the north-western  Turkey’s coast. Ankara had withdrawn the vessel
                         province of Sakarya, Erdogan said Ankara had  from contested waters in the eastern Mediterra-
                         received “signals of natural gas” in the Eastern  nean a month earlier to “allow for diplomacy”
                         Med, adding: “Whatever our rights are, we will  before an EU summit. At that summit, Cyprus
                         take those one way or another. And we will carry  sought sanctions against Turkey, but the EU
                         out our oil exploration operations in the eastern  opted to give Turkey another chance, until
                         Mediterranean, Cyprus, and all those seas.”  December, to change its approach to the dispute.
                            Several days later, the country’s energy minis-  In November, the vessel returned to port in
                         ter reported in its Official Gazette that state-owned  Turkey and Ankara resumed direct talks with
                         Turkish Petroleum (TPAO) had applied for an  Athens for the first time in five years. Two rounds
                         exploration for three areas in the Eastern Med.  of talks have been held since January, but short-
                            Turkey drew the ire of the EU in October last  term progress is unlikely.
                         year when it announced that it was sending a   Erdogan’s comments follow a pledge by the
                         seismic research vessel back into eastern Med-  EU to provide $4.13bn for Turkey to continue to
                         iterranean waters claimed by Greece.  host Syrian refugees, an offer Ankara dismissed
                            The announcement of the plans of the vessel,  as insufficient, calling for the bloc to increase
                         the Oruc Reis, prompted Greece to issue a furi-  efforts to co-operate.
                         ous new demand for European Union sanctions   He will make a visit to the Turkish Republic of
                         on Turkey. Greece’s foreign ministry described  Northern Cyprus (TRNC) next week. ™

       Week 28   15•July•2021                   www. NEWSBASE .com                                             P11
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