The EUs ambitious plan to cut greenhouse gas emissions; and Biden outlines his antitrust vision

Published: July 16, 2021, 10:33 a.m.

The European Union\u2019s ambitious plan to transform the region\u2019s economy in a bid to combat climate change took a step forward this week, with the announcement of a series of proposals that would help reach ambitious targets to cut the bloc\u2019s carbon emissions. Under the EU\u2019s proposed \u201cFit for 55\u201d package, which sets a 55 percent emissions cut from 1990 levels by 2030, companies across the energy, transport and heavy industry sectors face a mix of carbon-pricing measures and regulations to accelerate the switch to cleaner fuels and energy sources. Also on this week\u2019s podcast: the Biden administration\u2019s wide-ranging executive order sets out an antitrust and privacy vision with wide-ranging implications for Big Tech.