popular articles

Wopke Hoekstra review: EU environmental issues put to the test

Examination of the appointment of Wopke Hoekstra, the new European Commissioner for Climate, raises concerns about his background in the oil industry. MEPs are preparing to vote on its confirmation, which will have a major impact on the EU's environmental direction in the run-up to COP28.
Parlement Européen

Please share:

Wopke Hoekstra’s review arouses the interest of MEPs. He is the Dutchman appointed to the European Commission’s Climate portfolio. His time in the oil industry and his previous positions raise concerns about the EU’s environmental ambitions, two months ahead of COP28.

Wopke Hoekstra’s career path

Wopke Hoekstra, a 47-year-old Christian Democrat who served as Finance Minister and then Foreign Minister in the Netherlands, has been chosen to succeed Frans Timmermans, the architect of the “Green Pact.” Ursula von der Leyen, President of the European Commission, gave Hoekstra responsibility for climate, while Maros Sefcovic, current Vice-President of the Commission, was appointed to coordinate the “Green Pact”.

The Controversies Surrounding the Nomination

However, Hoekstra’s appointment still has to be confirmed by a vote of MEPs. The procedure will not be a formality, as his time at Shell, followed by a career at McKinsey, has been controversial. Several environmental NGOs, including Greenpeace and Friends of the Earth, have voiced their concerns, highlighting in particular its past opposition to the shutdown of the Groningen gas field and the reduction of nitrogen emissions in the Netherlands.

The Left in the European Parliament has promised a “tough hearing,” while the Social Democrats and Greens are waiting to see how Hoekstra will position himself on environmental issues. Environment Committee chairman Pascal Canfin warned that Hoekstra will have to prove he can maintain the EU’s high level of climate ambition.

Supporters and opponents

The right-wing EPP party openly supports Wopke Hoekstra, pointing out that he launched green bond issues during his tenure as Finance Minister. COP28 in Dubai, scheduled to start on November 30, represents a major challenge for the new Climate Commissioner.

In his written answers to the MEPs, Hoekstra tried to reassure them by pleading for “ambitious climate action” and cooperation “in good faith” with the Parliament. He also proposed that Brussels should take a position early in 2024 on options for the 2040 target, while underlining its determination to phase out fossil fuel subsidies.

The confirmation of Wopke Hoekstra and Maros Sefcovic will largely determine the EU’s environmental policy direction in the years to come. The MEPs’ decision will be eagerly awaited in the run-up to COP28.

Register free of charge for uninterrupted access.

Publicite

Recently published in

TechnipFMC and Saipem secure contracts exceeding one billion dollars each for TotalEnergies’ offshore oil project, GranMorgu, aimed at exploiting fields off the Suriname coast.
Sinopec's Tianjin Nangang complex, developed with INEOS, enhances China's petrochemical capabilities with integrated production of 1.2 million tons annually. This project marks a turning point in strategic partnerships and industrial self-sufficiency.
Sinopec's Tianjin Nangang complex, developed with INEOS, enhances China's petrochemical capabilities with integrated production of 1.2 million tons annually. This project marks a turning point in strategic partnerships and industrial self-sufficiency.
ENEOS, Japan's leading refiner, intensifies spot market oil purchases, including Canadian crude, leveraging the Trans Mountain pipeline expansion. This shift reduces Japan's energy dependence on the Middle East.
ENEOS, Japan's leading refiner, intensifies spot market oil purchases, including Canadian crude, leveraging the Trans Mountain pipeline expansion. This shift reduces Japan's energy dependence on the Middle East.
Despite growing calls to reduce hydrocarbon production, a report by the NGO Urgewald reveals that the oil and gas industry has invested an average of $61.1 billion annually in exploration over the past three years.
Despite growing calls to reduce hydrocarbon production, a report by the NGO Urgewald reveals that the oil and gas industry has invested an average of $61.1 billion annually in exploration over the past three years.
The Mexican government is set to unveil a long-term strategy for Pemex as the state-owned company faces structural challenges. Experts and investors discuss the necessary solutions, including opening up to private capital.
Despite high expectations, Dangote refinery faces difficulties selling gasoline domestically and begins exporting to ease stock and diversify its markets.
Despite high expectations, Dangote refinery faces difficulties selling gasoline domestically and begins exporting to ease stock and diversify its markets.
OPEC+ recorded an increase of 30,000 barrels per day in October, marked by Libya’s production surge and Kazakhstan’s reduction. Compliance remains a key challenge for the group.
OPEC+ recorded an increase of 30,000 barrels per day in October, marked by Libya’s production surge and Kazakhstan’s reduction. Compliance remains a key challenge for the group.
The Hague's Court of Appeal overturned a historic decision obliging Shell to reduce its CO2 emissions, rejecting the environmental NGOs' appeal, which denounced the multinational's inaction on climate.
The Hague's Court of Appeal overturned a historic decision obliging Shell to reduce its CO2 emissions, rejecting the environmental NGOs' appeal, which denounced the multinational's inaction on climate.
A year after its strategic acquisitions in the Permian Basin, Civitas Resources records a strong increase in productivity and strengthens its positions, notably through innovations in simultaneous fracturing and a production record in Colorado.
Facing growing domestic demand, Vietnam's Nghi Son refinery seeks government approval to increase its Kuwaiti oil imports, thereby exceeding its annual tax-free quota.
Facing growing domestic demand, Vietnam's Nghi Son refinery seeks government approval to increase its Kuwaiti oil imports, thereby exceeding its annual tax-free quota.
As Russian and Kazakh refineries resume operations following maintenance periods, the energy market anticipates potential effects on fuel supply. Uncertainty remains around gasoline exports in Russia.
As Russian and Kazakh refineries resume operations following maintenance periods, the energy market anticipates potential effects on fuel supply. Uncertainty remains around gasoline exports in Russia.
CNOOC Group has announced the start of production for its Long Lake NW project in Canada, which is expected to reach a peak of 8,200 barrels per day in 2025, utilizing SAGD technology.
CNOOC Group has announced the start of production for its Long Lake NW project in Canada, which is expected to reach a peak of 8,200 barrels per day in 2025, utilizing SAGD technology.
A report by Reclaim Finance accuses 20 European banks of promoting oil and gas expansion through significant financing, hindering energy transition goals.
Saudi Aramco reduces its December official selling prices for crude oil bound for Asia, a move in line with market expectations. Adjustments vary by crude type, with larger cuts for lighter grades.
Saudi Aramco reduces its December official selling prices for crude oil bound for Asia, a move in line with market expectations. Adjustments vary by crude type, with larger cuts for lighter grades.
Marathon Petroleum exceeded financial forecasts by increasing its refinery throughput and maximizing utilization rates. This strategy leverages fluctuations in the oil market to enhance profitability.
Marathon Petroleum exceeded financial forecasts by increasing its refinery throughput and maximizing utilization rates. This strategy leverages fluctuations in the oil market to enhance profitability.
As oil reserves dwindle, Gabon and Equatorial Guinea vie for control over Mbanie Island, a strategic economic asset. A ruling from the International Court of Justice is expected in 2025.
As oil reserves dwindle, Gabon and Equatorial Guinea vie for control over Mbanie Island, a strategic economic asset. A ruling from the International Court of Justice is expected in 2025.
Saudi oil giant Aramco reports a 15% drop in net profit in the third quarter, driven by falling oil prices and reduced production, adding uncertainty to the global energy market outlook.
The American group ExxonMobil has finalized the sale of the Fos-sur-Mer refinery to Rhône Energies, a consortium led by Trafigura, marking a step in its strategy to reduce activities in France.
The American group ExxonMobil has finalized the sale of the Fos-sur-Mer refinery to Rhône Energies, a consortium led by Trafigura, marking a step in its strategy to reduce activities in France.
Italian energy giant Eni has finalized the sale of its Alaskan oil fields to American firm Hilcorp for $1 billion, advancing its strategy of refocusing on strategic assets.
Italian energy giant Eni has finalized the sale of its Alaskan oil fields to American firm Hilcorp for $1 billion, advancing its strategy of refocusing on strategic assets.
Saudi Arabia, Russia, and six other OPEC+ countries extend their production cuts by 2.2 million barrels per day until the end of December to support oil prices weakened by uncertain demand.
Saudi Arabia, Russia, and six other OPEC+ countries extend their production cuts by 2.2 million barrels per day until the end of December to support oil prices weakened by uncertain demand.
The World Bank predicts an oil surplus that should drive down commodity prices despite tensions in the Middle East. Demand in China is slowing, contributing to this unprecedented imbalance.
In Venezuela, five of the last eight Oil Ministers are imprisoned or on the run, accused of corruption. This strategic sector, vital to the country, is plagued by recurring scandals.
In Venezuela, five of the last eight Oil Ministers are imprisoned or on the run, accused of corruption. This strategic sector, vital to the country, is plagued by recurring scandals.
U.S. crude inventories are expected to increase by 800,000 barrels as refineries slow down, leading to reduced stocks of essential refined products like gasoline and distillates.
U.S. crude inventories are expected to increase by 800,000 barrels as refineries slow down, leading to reduced stocks of essential refined products like gasoline and distillates.
European energy giants Eni and BP resume onshore drilling activities in Libya after ten years, as the country seeks to double its oil production within five years.
European energy giants Eni and BP resume onshore drilling activities in Libya after ten years, as the country seeks to double its oil production within five years.

Advertising