EU countries are bailing out fossil fuels instead of funding the green transition, Greenpeace warns

Greenpeace is raising alarms about EU countries pouring money into fossil fuel subsidies despite pledging to support a green transition. Spain tops the list in spending on these outdated energy sources, which Greenpeace argues is a major setback for global climate efforts. This incoherence could undermine the EU's long-term sustainability goals and exacerbates the climate crisis, as funds could be better spent on renewable energy projects that promise a more sustainable future. The issue highlights a significant conflict between environmental commitments and current financial practices.