European Fee President Ursula Von Der Leyen addresses European lawmakers on the inauguration of the brand new President of the US.
FRANCISCO SECO | AFP | Getty Photos
LONDON — There’s a new worldwide order, the place competitors is fierce and a few nations “cease at nothing to achieve affect,” European Fee President Ursula von der Leyen stated Wednesday.
Talking at her annual “State of the European Union” parliamentary handle, von der Leyen described the currrent surroundings of international relations as “a brand new period of hyper-competitiveness.”
“An period of regional rivalries and main powers refocusing their consideration in direction of one another,” she stated, whereas including that “current occasions in Afghanistan are usually not the reason for this transformation — however they’re a symptom of it.”
The withdrawal of American and allied troops from Afghanistan fueled a a lot faster-than-expected takeover of the nation by the Taliban. The entire course of and subsequent evacuation efforts have raised concerns in the EU about its dependence on the US by way of protection and safety.
As such, some EU leaders have resurfaced the idea of a strategic autonomy — the concept the bloc must develop its personal protection capabilities — and a subject that von der Leyen is eager to pursue.
“Witnessing occasions unfold in Afghanistan was profoundly painful for all of the households of fallen servicemen and servicewomen,” von der Leyen stated Wednesday.
“Europe can — and clearly ought to — have the ability and keen to do extra by itself … What we’d like is the European Protection Union,” she stated.
The subject is prone to be in focus within the first half of 2022, when France, a eager supporter of the thought, is in command of main the discussions on the EU-level.
The EU’s economics chief, Paolo Gentiloni, advised CNBC earlier this month that the bloc ought to step up its function on the geopolitical stage because the U.S. and different Western allies take a step again.
Throughout her hour-long speech, von der Leyen additionally requested China to be extra concrete about its carbon neutrality plans.
The nation has pledged to be carbon impartial by 2060, however for von der Leyen this isn’t sufficient.
“The objectives that President Xi has set for China are encouraging. However we name for that very same management on setting out how China will get there. The world can be relieved in the event that they confirmed they may peak emissions by mid-decade — and transfer away from coal at house and overseas,” von der Leyen advised lawmakers.
She stated that every one main economies, together with the U.S. and Japan, ought to current detailed plans towards carbon neutrality by the upcoming COP26 convention in Glasgow in November.
The EU has been main this area, presenting in July a concrete set of measures to chop greenhouse fuel emissions by at the least 55% by 2030.
This matter is turning into more and more extra necessary as Europeans face greater power payments amid a pure fuel scarcity and structural points. That is elevating considerations throughout the bloc as member states stay up for colder temperatures within the coming months, which might lead to even greater prices when the economic system continues to be simply resurfacing from the coronavirus pandemic.
The governments of Spain and Greece have already introduced measures to offset a few of the current spike in power costs. Whereas Spain launched short-term tax cuts, Greece stated it will spend 150 million euros ($177 million) to chop power payments for customers over the following three months.
Mateusz Morawiecki, Poland’s prime minister, claimed final week that power costs had been going up because of the EU’s local weather insurance policies, Politico reported.
Frans Timmermans, who leads the local weather coverage portfolio on the European Fee, stated Tuesday that “solely a few fifth of the value enhance will be attributed to CO2 costs rising.”
“The others are merely about shortages available in the market,” he advised the European Parliament.
“Had we had the inexperienced deal 5 years earlier we might not be on this place as a result of then we might have much less dependency on fossil fuels and pure fuel,” Timmermans stated, arguing that the fee’s local weather plan would keep away from such power value will increase.
Among the many most stunning bulletins on Wednesday was von der Leyen’s intention to have a “European Chips Act” — a plan to spice up manufacturing of semiconductors, however to additionally enhance analysis, design and testing capacities.
Demand for chips has outgrown provide prior to now months, which has impacted the manufacturing of many merchandise, together with automobiles, TVs and lots of different electrical home equipment. It is a concern for the EU provided that it’s at present closely depending on worldwide provide chains.
“Whereas world demand has exploded, Europe’s share throughout the complete worth chain, from design to manufacturing capability has shrunk. We rely on state-of-the-art chips manufactured in Asia. So this isn’t only a matter of our competitiveness. That is additionally a matter of tech sovereignty,” von der Leyen stated.