NEWS: Big Oil’s trade win

The new US-EU trade deal could reshape climate compliance for energy companies. (Semafor)

  • Brussels agreed to soften supply chain emissions rules after heavy US lobbying, easing what Exxon called “bone-crushing” compliance costs.

  • The upshot: US fossil fuel firms get fewer barriers on LNG and oil shipments into Europe, while clean-energy developers face more uncertainty about how stable EU decarbonization policies really are.

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