• Home
  • Latest
  • Coins2Day 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Environment

Europe pushes for a green recovery as the Trump Administration weakens environmental protections

By
Josh Priti
Josh Priti
and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Josh Priti
Josh Priti
and
Bloomberg
Bloomberg
Down Arrow Button Icon
May 22, 2020, 8:00 AM ET

The dangerous added-effects of air pollution during the pandemic have emerged as the latest partisan flashpoint in Washington. Research shows emissions may heighten the risk of complications and death from Covid-19.

Despite these dangers, and the 94,000 Americans already dead from the virus on his watch, President Donald Trump has continued to weaken environmental rules at the behest of the fossil fuel industry. Over the past few months the Environmental Protection Agency has intensified its three-year campaign to cut protections—for both the environment and public health.

Trump’s EPA is finalizing rules that ease fuel-efficiency standards for automobiles while attacking rules aimed at reducing mercury pollution at power plants. Last month, the agency opted not to strengthen air-quality requirements governing soot, and now it’s seeking to give retailers more time to sell outdated wood heaters that emit more smoke—and potentially lethal air pollution.

But it’s not just the threat posed by air pollution that has left the Trump administration nonplussed. Also this month, EPA Administrator Andrew Wheeler refused to seek limits on a chemical that causes brain damage in fetuses and babies.

With much of the world housebound thanks to the coronavirus, global carbon dioxide emissions are 17% lower compared with the same time last year. To an optimist, the numbers show it’s possible to reduce emissions. To a pessimist, the fact that it took such a catastrophic event to cut emissions—even to 2006 levels—shows the massive task that lies ahead.

Nevertheless, the European Union is poised to announce the world’s greenest recovery package next week, as it seeks to curb pollution and save its economy from the pandemic. European Commission President Ursula von der Leyen is set to transform her Green Deal strategy (which seeks net zero emissions by 2050) into a rescue plan that drives private investment and creates jobs across the continent.

Selected proposals include spending up to 80 billion euros ($87.6 bilion) to boost electric vehicle sales and double investment in charging networks: an option to exempt EVs from the value-added tax; spending 91 billion euros a year to seal up drafty buildings, including plans to offer homebuyers green mortgages; and an annual 10 billion euro boost to renewable energy and hydrogen infrastructure.

The increased funding for renewables is likely welcome news. New power from wind and solar is set to fall this year for the first time in two decades, as new installations are delayed by factory closures, social distancing and developers’ financial concerns tied to the ongoing crisis.

The EU is also seeking to reduce the environmental impact of its food system. Its “Farm to Fork” strategy maps out ways for the region to halve the use of pesticides and antibiotics, boost organic farming, promote plant-based proteins and make every link of the system more sustainable. A separate plan on biodiversity lays out steps to restore ecosystems and cut pollution.

Meanwhile in the U.S., the outlook is much darker on almost every front. Huge meat companies—already under fire as major perpetrators of global warming—are facing blowback as the coronavirus sickens and kills plant workers. Asset managers with $2.3 trillion in assets want meatpackers to adopt recommendations they say will keep workers safe and mitigate reputational and financial risks.

Covid-19 and a weakened food supply chain aren’t the only threats looming on America’s horizon this summer. A warming atmosphere and warming seas are conspiring to wreak devastation during hurricane season.

Tropical Storm Arthur became the first named storm of the year last weekend. Though it turned east into the Atlantic, forecasters worry that it’s just the first domino to fall in a season that has the potential to match the worst ever. Scientists fear conditions are similar to 2005, when a record 28 storms clawed across the ocean, including Hurricane Katrina, which devastated New Orleans, killing 1,800 people. The waters of the Atlantic this year are exceptionally warm, ideal conditions for storms to form, feed and grow.

About the Authors
By Josh Priti
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon

Latest in Environment

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Most Popular

placeholder alt text
North America
'I meant what I said in Davos': Carney says he really is planning a Canada split with the U.S. along with 12 new trade deals
By Rob Gillies and The Associated PressJanuary 28, 2026
1 day ago
placeholder alt text
C-Suite
Coins2Day 500 CEOs are no longer giving employees an A for effort. Now they want proof of impact
By Claire ZillmanJanuary 28, 2026
1 day ago
placeholder alt text
Success
Every U.S. Olympian is going home with $200,000, whether they medal or not, thanks to a billionaire's $100 million gift
By Jacqueline MunisJanuary 28, 2026
19 hours ago
placeholder alt text
Real Estate
Ryan Serhant thinks the American Dream was just a 'slogan created by banks,' but it was really about FDR, the Great Depression, and an economic crisis
By Sydney Lake and Nick LichtenbergJanuary 26, 2026
3 days ago
placeholder alt text
Politics
The American taxpayer spent nearly half a billion dollars deploying federal troops to U.S. cities in 2025, CBO finds
By Nick LichtenbergJanuary 28, 2026
20 hours ago
placeholder alt text
Success
Billionaire Mark Cuban spends hours reading 1,000 emails a day on 3 devices—yet he’s telling Gen Z to shut their phones, get outside, and have more fun
By Preston ForeJanuary 28, 2026
1 day ago

© 2026 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Latest in Environment

africa
Environmentclimate change
Climate change mans Southern Africa got a year’s worth of rain in just 10 days, killing over 100 people
By Nick Lichtenberg, Mogomotsi Magome and The Associated PressJanuary 29, 2026
1 hour ago
EnvironmentAviation
Asia is the ‘next big frontier’ for sustainable aviation fuel as governments push green mandates
By Angelica AngJanuary 28, 2026
1 day ago
sf
LawSan Francisco
Mountain lion saunters through San Francisco’s posh Pacific Heights neighborhood before capture
By Olga R. Rodriguez, Haven Daley and The Associated PressJanuary 27, 2026
2 days ago
economy
EnvironmentWeather and forecasting
The billion-dollar storm? Economists debate how much activity Winter Storm Fern laid waste to
By Seth Borenstein and The Associated PressJanuary 26, 2026
3 days ago
cowboy
EnvironmentWeather and forecasting
Climate change’s role in the monster winter storm of January 2026: warmer oceans, more moisture and a dislocated ‘polar vortex’
By Mathew Barlow, Judah Cohen and The ConversationJanuary 26, 2026
3 days ago
storm
LawWeather and forecasting
‘Unique’ winter storm reaches from New Mexico to New England: ”we’re talking like a 2,000-mile spread’
By Kate Brumback, Julie Walker and The Associated PressJanuary 25, 2026
4 days ago