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EU Sets Out New Green Plans as Biden Subsidies Raise the Stakes

Wind turbines beyond an array of solar panels on the hillside in the Canical district of Madeira, Portugal, on Thursday, Feb. 9, 2023. Renewables are now among the cheapest forms of electricity, especially after an energy crunch and the Ukraine war bolstered gas, oil and coal. Photographer: Zed Jameson/Bloomberg
Wind turbines beyond an array of solar panels on the hillside in the Canical district of Madeira, Portugal, on Thursday, Feb. 9, 2023. Renewables are now among the cheapest forms of electricity, especially after an energy crunch and the Ukraine war bolstered gas, oil and coal. Photographer: Zed Jameson/Bloomberg

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