EnergyPolicyTrade

US and Qatar Warn EU Climate Regulations Threaten Energy Security and Trade Relations

The United States and Qatar have jointly cautioned European Union leaders that new corporate sustainability regulations could undermine the bloc’s energy security and trade relationships. According to reports, both nations claim the rules would harm liquefied natural gas exports critical to Europe’s energy needs.

Diplomatic Pressure Over Climate Regulations

The United States and Qatar have issued a stark warning to the European Union regarding its proposed Corporate Sustainability Due Diligence Directive, suggesting the regulations could severely impact the bloc’s trade relationships and energy security. According to reports from the Financial Times, both nations have communicated that the EU’s climate and human rights rules pose what they describe as an “existential threat” to European economic growth and competitiveness.