EU Friday – 10 April
Welcome to Better Europe's weekly update on EU Affairs. ECB CLIMATE TSAR WARNS FOR FOSSIL FUEL DEPENDENCE Frank Elderson, the green central banker who joined the ECB’s Executive Board back in 2021, is stepping up his messaging on the price stability risk of fossil fuel dependence. We already knew we were not saving the planet just for the planet, but for the humans living on it. But now the framing is even further away from noble intentions to green our society: in fact, it’s all about saving our economy, as fossil fuel is a geopolitical risk before anything else. Climate campaigners will say there were right all along, but the framing of climate problems in climate terms has been a hard sell over the last years. Elderson suggests that the…
