The Trump administration is ramping up the pressure on the European Union to repeal or overhaul a regulation on corporations’ greenhouse gas pollution — in the latest example of the United States’ willingness to wield its economic might against an international climate initiative.
It comes less than a week after the U.S. scored a surprising victory over a proposed United Nations climate fee on shipping, in what one Trump Cabinet member described Wednesday as an “all hands on deck” lobbying blitz.
In its newest effort, the Energy Department joined the government of Qatar in warning the EU that it’s risking higher prices for “critical energy supplies” unless it alters or deletes its Corporate Sustainability Due Diligence Directive.
“It is our genuine belief, as allies and friends of the EU, that the CSDDD will cause considerable harm to the EU and its citizens, as it will lead to higher energy and other commodity prices, and have a chilling effect on investment and trade,” the department and the Qataris said in an open letter Wednesday to European heads of state and EU members.
