• Home
  • Latest
  • Fortune 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
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not to strengthen air-quality requirements governing soot, and now it’s seeking to give retailers more time to sell outdated wood heaters that emit more smoke—and potentially lethal air pollution.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 Fortune 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 Fortune 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 Fortune 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 Fortune 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 Fortune 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 Fortune 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 Fortune 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 Fortune 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 Fortune 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 Fortune 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 Fortune 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 Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune 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
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

Latest in Environment

Snow
Environmentclimate change
‘Mother Nature has been dealing a really hard deck’: Western ski resorts struggle with a warm, snowless start to winter
By Mead Gruver, Nick Lichtenberg, Brittany Peterson and The Associated PressDecember 19, 2025
20 hours ago
The Trump Media & Technology Group said Dec. 18 it would merge in a $6 billion deal with the TAE Technologies fusion energy developer.
EnvironmentDonald Trump
CEO of nuclear fusion firm Trump Media is merging with in $6 billion deal: High-velocity capital is ‘critical’ and concerns are secondary
By Jordan BlumDecember 18, 2025
2 days ago
Truth Social
InnovationM&A
Devin Nunes and Trump Media get in bed with Google-backed nuclear fusion company in surprise $6 billion merger
By The Associated PressDecember 18, 2025
2 days ago
Trump gives an OK sign while giving a speech in the White House
EnvironmentDonald Trump
Trump goes nuclear: The president’s tech and media umbrella will merge with a fusion reactor developer in a deal valued north of $6 billion
By Dave SmithDecember 18, 2025
2 days ago
North AmericaElectric vehicles
Ford CEO Jim Farley said Trump would halve the EV market by ending subsidies. Now he’s writing down $19.5 billion amid a ‘customer-driven’ shift
By Marco Quiroz-GutierrezDecember 16, 2025
4 days ago
tree
CommentaryInflation
Colorado is suffering from Christmas Tree inflation because Denver imports most of them—from North Carolina and the Pacific Northwest
By Ali Besharat and The ConversationDecember 16, 2025
4 days ago

Most Popular

placeholder alt text
Economy
The $38 trillion national debt is to blame for over $1 trillion in annual interest payments from here on out, CRFB says
By Nick LichtenbergDecember 17, 2025
3 days ago
placeholder alt text
AI
Meta’s 28-year-old billionaire prodigy says the next Bill Gates will be a 13-year-old who is ‘vibe coding’ right now
By Eva RoytburgDecember 19, 2025
1 day ago
placeholder alt text
Success
As graduates face a ‘jobpocalypse,’ Goldman Sachs exec tells Gen Z they need to know their commercial impact 
By Preston ForeDecember 18, 2025
2 days ago
placeholder alt text
Success
The scientist who helped create AI says it’s only ‘a matter of time’ before every single job is wiped out—even safer trade jobs like plumbing
By Orianna Rosa RoyleDecember 19, 2025
21 hours ago
placeholder alt text
Success
Billionaire who sold two companies to Coca-Cola says he tries to persuade people not to become entrepreneurs: ‘Every single day, you can go bankrupt’
By Dave SmithDecember 19, 2025
21 hours ago
placeholder alt text
Economy
‘This is a wacky number’: economists cry foul as new government data assumes zero housing inflation in surprising November drop
By Eva RoytburgDecember 18, 2025
2 days ago

© 2025 Fortune 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 Fortune 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.