Two weeks after the turbulent vote and the extraordinary rejection of the ETS draft report, the European Parliament on 22 June 2022 in a second attempt agreed on a compromise, negotiated by the Parliaments large political groups. In contrast to the rejected draft, it represents a significant improvement within the context of the Green Deal.
Energy prices in the EU have been rising sharply since autumn 2021 and are becoming a threat to more and more people. Against this background, AK EUROPA and ÖGB Europabüro hosted a joint event on 27 June 2022 to discuss the dimensions of energy poverty and options to solve the problem.
Sustainable is the buzzword of the moment – regardless of whether we talk about food, clothing or investments. However, how can consumers be sure that a financial product is sustainable and that it “does exactly what it says on the tin”? To provide better guidance, the Austrian Chamber of Labour did not only commission a study to examine sustainable financial products but has also used mystery shoppers assessing the quality of advice regarding sustainable monetary investments provided by 16 financial institutions.
The goal of this study by AK is to describe the status quo with sustainable financial products. In this context, the following aspects are analyzed:
- Legal framework, laws
- Factors on the supply side (banks, investment companies, rating agencies)
- Factors on the demand side (consumers)
There were turbulent scenes in the plenary of the European Parliament on 8 June 2022: the vote on Parliament’s position on the Emission Trading System did not result in a majority for the final report. As a result, voting on the Social Climate Fund and the Carbon Border Adjustment Mechanism was suspended and all three dossiers were referred back to the Environment Committee.
The Brussels Offices of the Austrian Federal Chamber of Labour (AK EUROPA) and the Austrian Trade Union (ÖGB Europabüro) are pleased to invite you to our event:
The EU Commission is currently working on guidelines, which would make direct awards in public transport significantly more difficult. To address this subject, AK EUROPA, together with ÖGB, vida and the European Transport Workers Federation ETF hosted a webinar, where speakers made it clear: Member States should still have the choice whether they want competitive tendering or directly award transport services.
In response to the still extremely high and volatile energy prices, the EU Commission announced additional short-term intervention measures in the market. The AK welcomes the proposed measures. It is now up to the Member States to take them up and to implement them as soon as possible. Following the example of Spain and Portugal, it would be particularly beneficial to introduce a price cap for electricity-generating gas power plants. Such a cap would significantly lower the electricity price and take the pressure off the economy.
The Brussels Office of the Austrian Federal Chamber of Labour (AK EUROPA), the Brussels Office of the Austrian Trade Union Federation (ÖGB), the Austrian Transport & Services Union (vida) and the European Transport Worker´s Federation (ETF) are pleased to invite you to our webinar.
End Tuesday, 31st May 2022, 15:30
In order to make food supply in Europe more sustainable and to provide consumers with better choices, the EU Commission has launched consultations on improved food labelling in Europe. AK participated in these, demanding, among other, the obligatory introduction of Nutri-Scores and nutrient profiles.