-
Hamilton stung by three-place grid penalty
-
Spain fights to 'save lives' as wildfire evacuees shelter in Madrid
-
Howe uncertain if Guimaraes will stay with Newcastle amid Arsenal interest
-
Palestinians bury four killed in West Bank clash with Israeli settlers
-
Varane concussions motivate Como to ban heading in academy teams
-
49ers coach Shanahan injured in car crash
-
'Amazing' Pogacar-Del Toro friendship lights up Tour de France
-
China evacuates 340,000 people as Typhoon Noul approaches
-
Crisis-hit Flavio Bolsonaro launches presidential candidacy in Brazil
-
Norris back on pole for Mercedes at Hungarian GP
-
As wildfires grip France and Spain, what are the risks from the smoke?
-
Ukraine strikes Siberia refinery as Kazakh leader tells Putin war should end
-
Pogacar set to win Tour de France, Carapaz claims Queen stage
-
Kishan, Varma hit half centuries as India win Zimbabwe T20 series
-
India's education minister resigns, end called to Delhi protests
-
Houthis target Saudi oil as new Middle East front
-
Devastating wildfires send 267,000 fleeing in France and Spain
-
Madeleine McCann's brother reaches Commonwealth Games final
-
Ipswich sign Japan forward Maeda from Celtic
-
Thousands sheltered in Bordeaux as France wildfires trigger exodus
-
Norris finds pace to edge Hamilton in last Hungarian practice
-
Houthis say hit Saudi Arabia as fighting spreads on new Middle East front
-
China evacuates 20,000 people as Typhoon Noul nears
-
Untamed wildfires in Spain, France force over 200,000 to flee
-
Man City's Khusanov signs new five-year contract
-
Spain fights to 'save lives' as wildfires rage near Madrid
-
Atletico complete Lee signing from PSG
-
Spain striker Paralluelo joins Lyon from Barcelona
-
After stellar World Cup, Cape Verde goalkeeper heading to Chile
-
Untamed wildfires force over 160,000 to flee in France, Spain
-
Six ancient Comoros medinas join UNESCO's heritage list
-
Houthis say hit Saudi Arabia as Trump weighs harder Iran strikes
-
Cameroon leader's absence sparks debate over government inaction
-
Houthis claim strike on Saudi Arabia as conflict deepens
-
'Betrayal': The young victims of India's exam leak scandal
-
Teenager allegedly slain by singer D4vd had abortion, court told
-
'The Odyssey' sparks IMAX stampede -- and a backlash
-
100-year-old Mel Brooks lands at Comic-Con for 'Spaceballs' sequel
-
Houthis vow retaliation for Saudi strikes as conflict deepens
-
New York's noisy food carts go electric in clean air trial
-
SpaceX carries out successful Starship test flight, first since going public
-
Lyles wins US 100m title in world-leading 9.79sec
-
Meta quits clean energy pledge amid gas-powered data center push
-
Nazgul haunt the hall as 'Rings of Power' trailer airs at Comic-Con
-
Turk's term as UN human rights chief extended despite US warnings
-
Trump orders disclaimer signs outside museum of American history
-
US measles outbreak the worst in 35 years: official data
-
Mahomes back in full practice, 'optimistic' for NFL opener
-
Trump weighs harder Iran strikes as conflict widens
-
US panel endorses more unproven if buzzy peptides
EU probes Chinese wind turbine suppliers over subsidies
The European Union on Tuesday announced a probe into Chinese wind turbine suppliers, the latest move by Brussels targeting Beijing over green tech subsidies suspected of undermining fair competition.
The 27-nation bloc is seeking to massively ramp up renewable energy as it aims for net-zero greenhouse gas emissions by 2050, while moving away from excessive reliance on cheaper Chinese technology.
"Today, we are launching a new inquiry into Chinese suppliers of wind turbines," EU competition chief Margrethe Vestager said in a speech at Princeton University, in the US state of New Jersey.
"We are investigating the conditions for the development of wind parks in Spain, Greece, France, Romania and Bulgaria. "
The wind turbine probe follows earlier investigations targeting Chinese subsidies for solar panels, electric cars and trains, as trade tensions heat up with Beijing.
It was launched under new rules that came into force last year and seek to prevent foreign subsidies from undermining fair competition in the EU.
Chinese wind turbines are currently being offered in Europe at prices up to 50 percent lower than European-made ones, according to the WindEurope industry lobby.
"You can't do that without unfair public subsidy," said the group's CEO Giles Dickson, in a statement welcoming the commission's move.
The China Chamber of Commerce to the EU criticised the probe as an "act of economic coercion" that "sends a detrimental signal to the world, suggesting discrimination against Chinese enterprises."
But Vestager pushed back at any such notion.
"Let me be clear: the investments that we put in our supply chains, the investigations that we run, or the new tools we have developed -- those are not meant to constrain China's success," she told the audience in Princeton.
"They're meant to restore fairness in our economic relations," said the competition commissioner, without giving details of the turbine suppliers targeted.
- 'Massive subsidies' -
Brussels opened its first probe under the Foreign Subsidies Regulation in February, targeting a subsidiary of Chinese rail giant CRRC. That investigation was closed after the subsidiary withdrew from a tender in Bulgaria to supply electric trains.
A second probe announced last week targets Chinese-owned solar panel manufacturers seeking to build and operate a photovoltaic park in Romania, partly financed by European funds.
Two separate consortiums are under investigation in that case, one of which includes a subsidiary of China's Longi Green Energy Technology -- the world's biggest solar panel manufacturer.
The second is made up of two subsidiaries of China's state-owned Shanghai Electric group.
Under a different set of rules, Brussels last September started a probe into subsidies for Chinese electric cars.
In her speech, Vestager accused China of achieving dominance in solar panels by "granting massive subsidies for domestic suppliers" and "exporting excess capacity to the rest of the world at low prices."
The result, she said, is that less than three percent of solar panels installed in the EU are produced in Europe.
"We see this playbook now deployed across all clean tech areas," Vestager argued, taking aim at an aggressive strategy she said was aimed at addressing China's own economic downturn.
- 'Like-minded partners' -
Renewing EU criticism of the sweeping clean energy subsidies granted under US President Joe Biden's Inflation Reduction Act (IRA) -- she called on Washington to join forces with the EU to counter China in the field.
"Like-minded partners, starting with the G7 countries, should develop a list of trustworthiness criteria for critical clean technologies," Vestager argued. "These can include environmental footprint, labour rights, cybersecurity and data security."
Brussels has been scrambling to stop investment in key green technologies from shifting to the United States, since the IRA funnels some $370 billion into subsidies, including tax breaks for US-made electric vehicles and batteries.
The EU has sought to fight back by letting member states offer their own incentives to keep investments at home -- but Vestager argued for a rethink from both sides.
"Each of us is using taxpayers' money to attract or retain projects from each other... instead of using it to give our companies an innovative or competitive edge in this global race," she said.
L.Dubois--BTB