EU Commission President: ‘Our current fossil-fuel economy has reached its limit’
The Wall Street Journal reports: The European Union and China presented sweeping plans to limit greenhouse-gas emissions that will increase costs for industry and consumers, though they drew criticism from environmentalists as not going far enough to slow climate change. The moves, while both long discussed and still months or years from full implementation, show a new urgency to regulate emissions in two of the world’s biggest economies. They come as the Biden administration promises its own bold initiatives but…