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‘It’s a bad joke’: Energy ministers blast proposed EU gas cap

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‘It’s a bad joke’: Energy ministers blast proposed EU gas cap

EU power ministers criticised the European Fee’s newest proposal to determine the first-ever EU-wide cap on gasoline costs as unfit and a “unhealthy joke” forward of a gathering in Brussels.

Their disagreements over the proposed cap, which is excessive on the power ministers’ agenda, might delay the approval of two separate packages of emergency measures to deal with the power disaster.

“It is completely unenforceable, inefficient and out of scope,” Teresa Ribera, Spain’s minister for the ecological transition, stated on Thursday morning. “It is a unhealthy joke.”

Her Maltese counterpart, Miriam Dalli, stated the cap, as designed by the European Fee, was “not match for goal” and “positively not dynamic in nature.”

“The concurrent situations which might be being imposed makes it unbelievable or virtually subsequent to not possible to really set off this corrective mechanism,” Dalli instructed reporters. “That’s not what we requested for.”

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In the meantime, the Netherlands, a rustic staunchly against any worth intervention, stated the instrument was “flawed” and doubtlessly “dangerous” to the EU’s safety of provide and monetary stability.

“Extra homework must be executed,” stated Dutch Power Minister Rob Jetten.

The Czech Republic, which holds the rotating presidency of the EU Council, meant to carry a dialogue across the worth cap and transfer forward with two separate laws: one about joint gasoline purchases and a second on faster-permitting guidelines for renewable applied sciences.

However a gaggle of 15 pro-cap international locations, that are deeply unhappy with the European Fee’s draft, pushed to hyperlink the worth cap with the opposite two packages and safe the joint approval of the three measures at a later stage, as soon as amendments have been secured.

Luxembourg, Austria, Finland, Denmark, Eire, Estonia and the Netherlands opposed this concept, diplomats instructed Euronews, however the Czech Republic appeared to just accept the compromise and convene a brand new extraordinary assembly in mid-December. 

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On the core of the dispute is the draft unveiled simply two days in the past by the European Fee.

The chief has designed a “last-resort” cap that can apply to the Dutch Title Switch Facility (TTF), Europe’s essential hub for gasoline commerce. The platform has seen abrupt ups and down since Russia launched the invasion of Ukraine and disrupted world power markets.

The proposed cap shall be routinely activated however provided that two key situations are met:

  1. If TTF costs attain or surpass €275 per megawatt-hour for at the least two weeks.
  2. If TTF costs are €58 greater than the market reference of liquefied pure gasoline (LNG) throughout at the least 10 consecutive buying and selling days.

On high of that, the Fee launched a sequence of “safeguards” that may outright droop the mechanism in case of unexpected and undesirable penalties, corresponding to a drop in provides or a lack of liquidity.

“We’re able to facilitate an settlement and assist handle issues,” stated Kadri Simson, European Commissioner for power. “That is an extraordinary device for extraordinary occasions.”

Value vary below query

For the 15 member states who’ve spent the final months advocating for a forceful and far-reaching intervention, the situations are so stringent and particular that the cap shall be rendered powerless.

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“The situations appear to be designed in order that the worth cap is rarely enforced,” Ribera stated. “This proposal may stimulate a hike in costs reasonably than include them.”

For Ribera, the €275 mark demanded by the Fee is excessively excessive and static.

The bloc has solely surpassed that barrier a handful of days through the summer season when the TTF suffered record-breaking spikes. Present TTF costs have ranged between €115 and €125 per megawatt-hour.

“If now we have gasoline costs of €275 (per megawatt-hour) throughout 15 days, Europe won’t ever recuperate from that financial shock,” Ribera stated, suggesting as an alternative a dynamic worth vary with a premium connected.

Her Greek counterpart, Kostas Skrekas, echoed her feedback and stated Europe was paying “the costliest pure gasoline on the planet.”

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“Placing a ceiling at €275 just isn’t really a ceiling,” Skrekas instructed reporters. A variety of €150 euros and €200 could be “a sensible ceiling,” he added.

France, Italy, Belgium and Malta additionally expressed criticism concerning the European Fee’s draft textual content and the tight situations for activation which have been launched.

Among the many group of nations thought-about to be sceptical about worth intervention, emotions have been additionally blended.

The proposal is “flawed” and carries a “lot of dangers” for the safety of provide and monetary stability, stated Dutch Power Minister Rob Jetten. “I am very essential however from a unique perspective,” he stated.

For Germany, a rustic whose essential precedence is to safe as a lot gasoline as doable to offset the lack of Russian provides, the proposal goes in “the correct course” and just some “minor modifications” could be required.

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“For us, it’s essential that the safeguards are in place and we keep away from the rationing of gasoline in Europe,” stated Sven Giegold, Germany’s state secretary for the financial system and local weather motion.

“The rationing of gasoline could be the incorrect response for residents and companies in such a disaster.”

Estonia, which shares related issues to Germany’s, additionally voiced a usually optimistic opinion.

“The proposal on the desk is OK, just about. However the measure must be non permanent and solely work for excessive worth hikes,” stated Riina Sikkut, Estonia’s minister of financial affairs and infrastructure.

“Safety of provide is paramount. Europe nonetheless must be a beautiful gasoline market. We can not put that below query.”

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‘SNL’ Cold Open Riffs on Trump Trial and His VP Picks

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‘SNL’ Cold Open Riffs on Trump Trial and His VP Picks

The 49th season finale of “Saturday Night Live” opened with James Austin Johnson as Donald Trump speaking at the barricades of a Manhattan courthouse, in a nod to Trump’s ongoing legal woes amid his presidential campaign. 

During the sketch, Johnson as Trump spoke about his “weird and depressing” state at the courthouse, saying, “I don’t like being in court because they say very mean things about me as I’m trying to sleep.” (It was reported that Trump fell asleep in court during proceedings.) He goes on to say, “Now that my defense is supposed to begin on Monday, I would love to testify; I’m not afraid to testify at all, I’m just not going to out of fear.” 

He continues to say how he doesn’t want to go back to the White House, “But it appears people want to send me there.” Johnson’s Trump pokes fun at Trump’s rigged election claims, too. “For me, it’s much better for me to not win and say it was rigged.” 

Making fun of Trump’s sexist comments about women (and how he once said Heidi Klum is “no longer a 10”), Johnson, as Trump says of a juror at his trial, “They call her juror 9, but to me, she’s like a six, baby.” 

Johnson’s Trump then introduced three of his potential VP candidates. “We love to say ‘VP’, like ‘Veep’ with Elaine from ‘Seinfeld.’ She can’t dance!” He says he won’t announce his VP just yet. “In many ways, it will be determined by the winner of the Jake Paul-Mike Tyson fight.” Trump says he’s invited a few people from “my short bus––I mean my shortlist.” 

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He brings out South Carolina Governor Tim Scott (played by Devon Walker). “I’m here to help Trump win the Black vote,” he says. Trump adds, “I’m more popular than you among the Blacks, which is really saying something.” Walker, as Scott says, “Black people have called my support humiliating, but trust me, I am my own man!” 

Trump then brings out South Dakota Governor Kristi Noem (played by Heidi Gardner), wearing a red MAGA hat, holding a stuffed dog, and pointing a fake gun at the dog (a reference to her shooting a dog). “She shot a dog, which you really can’t do…but on the other hand, she shot a dog, which is pretty awesome.” Gardner, as Noem chimes in and says, “I kill goats, too!”

Finally, he wheels out his final VP pick, “The late great Hannibal Lecter!” Trump says, as Mikey Day as Hannibal Lecter is wheeled out in an orange jumpsuit and wearing the famous mask. “I think he’d really scare everybody at the border. “Get him out of here, he’s giving me Pence vibes,” says Trump, as Hannibal Lecter is then wheeled away. 

Trump says it’s going to be “the summer of Trump. You’re gonna get that Trump espresso,” he sings in a reference to a Sabrina Carpenter song. Johnson, as Trump says he’ll be selling more Trump Bibles as well, along with a “Trump Torah.” 

Trump finishes the cold open shouting, “In the words of my mentor, the late great Hannibal Lecter, “Live from New York, it’s Saturday night!”

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This week’s “SNL” host is actor Jake Gyllenhaal, and Sabrina Carpenter stars as the week’s musical guest.

Watch the sketch below:

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Blue flash caught in night sky over Spain, Portugal lights up social media

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Blue flash caught in night sky over Spain, Portugal lights up social media

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It’s a bird… it’s a plane… it’s a blue meteor? Fireball? Piece of a comet?

Whatever it was, it lit up the night sky for millions of people early Sunday morning in Spain and Portugal. Social media users took stunning pictures and videos for all to revel in the natural science phenomenon.

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The spectacular sight crossed the night sky at 12:46 a.m., according to CCTV footage released by the mayor’s office in Cádiz. 

The European Space Agency (ESA) Operations says the “blue meteor” everyone is referring to was actually “a small piece of a comet” that flew over the European countries at the speed of 45 kilometers a second, which is equivalent to almost 28 miles. 

MERGER OF MASSIVE BLACK HOLES FROM EARLY UNIVERSE UNCOVERED BY WEBB TELESCOPE, SCIENTISTS SAY

It burned up over the Atlantic Ocean at an altitude of 60 kilometers, or more than 37 miles above the surface. 

“The likelihood of any meteorites being found is very low,” ESA Operations tweeted after the agency’s Planetary Defence Office analyzed the size and trajectory of the object. 

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SCIENTISTS DISCOVER LARGE, ‘COTTON CANDY-LIKE’ PLANET WITH UNUSUALLY LOW DENSITY

The night sky in Cadiz, Spain, prior to the fireball’s appearance. (Ayuntamiento de Cadiz via Storyful)

Cadiz mayor's office camera captures fireball

The moment the blue fireball first appeared on the camera rolling at the Cadiz mayor’s office. (Ayuntamiento de Cadiz via Storyful)

National Aeronautics and Space Administration explains the color was likely due to magnesium, and that “meteor color depends on whether the metal atom emissions or the air plasma emissions dominate.” 

Spain blue fireball

The blue fireball lit up Spain’s sky early in the morning May 19, 2024.  (Ayuntamiento de Cadiz via Storyful)

“Short-period comets, also known as periodic comets, originate from a disk-shaped band of icy objects known as the Kuiper Belt beyond Neptune’s orbit, with gravitational interactions with the outer planets dragging these bodies inward, where they become active comets,” Space.com states. 

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Many on social media referred to what they witnessed as a “once in a lifetime sight,” according to news.com.au, with at least one joking, “That’s no meteor, that’s Optimus Prime.”

Fox News’ Mitch Picasso contributed to this report. 

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How is Azerbaijan involved with France and New Caledonia?

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How is Azerbaijan involved with France and New Caledonia?

France has accused Azerbaijan of meddling in its Pacific territory, New Caledonia, by supporting independence movements and spreading disinformation, amid broader geopolitical tensions.

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France has accused Azerbaijan of meddling in its Pacific archipelago territory of New Caledonia.

Despite the vast geographical and cultural distance between the Caspian state and the French Pacific territory, this claim is rooted in a complex web of historical, political, and diplomatic tensions.

The Crisis in New Caledonia

New Caledonia, located between Australia and Fiji, is a French territory with a history of striving for independence.

The recent unrest in New Caledonia was ignited by a new electoral law perceived by the indigenous Kanak population as discriminatory.

This law allows people who have lived in New Caledonia for at least ten years the right to vote in local elections, which pro-independence supporters argue will dilute the Kanak vote.

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France’s Accusations

France’s Interior Minister, Gérald Darmanin, has publicly stated that Azerbaijan, along with China and Russia, is interfering in New Caledonia’s internal matters. “This isn’t a fantasy. It’s a reality,” Darmanin told the France 2 TV channel, emphasizing the seriousness of the allegations.

The French government points to the sudden appearance of Azerbaijani flags at Kanak independence protests and the backing of separatists by groups linked to Baku.

Azerbaijan has vehemently denied any involvement, calling the accusations baseless. “We completely reject the baseless accusations,” said Ayhan Hajizadeh, a spokesperson for Azerbaijan’s Foreign Ministry. “We refute any connection between the leaders of the struggle for freedom in Caledonia and Azerbaijan.”

A significant element in this story is the Baku Initiative Group, established during a conference in July 2023 in Azerbaijan. This group, which includes participants from various French territories seeking independence, aims to support anti-colonial movements against France.

The group has expressed solidarity with the Kanak people and condemned the recent electoral reforms in New Caledonia. “We stand in solidarity with our Kanak friends and support their fair struggle,” the Baku Initiative Group stated.

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Why are France and Azerbaijan clashing diplomatically?

The tensions between France and Azerbaijan extend beyond New Caledonia. France is a traditional ally of Armenia, Azerbaijan’s historical rival, particularly regarding the contentious Nagorno-Karabakh region.

Following the 2020 war and a subsequent 2023 offensive by Azerbaijan to reclaim control of Nagorno-Karabakh, France has openly supported Armenia.

This support includes defence agreements and military equipment supplies, fuelling further animosity from Azerbaijan. Darmanin referred to Azerbaijan as a “dictatorship,” highlighting the deep-seated distrust.

France has also accused Azerbaijan of engaging in disinformation campaigns to destabilise its territories. Pro-Azerbaijani social media accounts have been linked to the spread of misleading content about the French police’s actions in New Caledonia.

A French government source mentioned a “pretty massive campaign, with around 4,000 posts generated by (these) accounts,” aimed at inciting violence and mistrust.

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This follows France recalling its ambassador to Azerbaijan in April, with President Macron expressing regret for Azerbaijan’s actions, along with his hope that the Azerbaijanis would clarify their intentions.

Why New Caledonia?

While Azerbaijan’s direct interest in New Caledonia might seem far-fetched, it fits into a broader strategy of challenging the French colonial legacy and supporting separatist movements.

By aligning with anti-colonial sentiments, Azerbaijan aims to position itself as a champion of liberation movements, simultaneously discrediting France on the international stage.

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This effort is seen as part of a broader geopolitical manoeuvering, including Azerbaijan’s efforts to tarnish France’s image, as noted by its alleged disinformation campaign against France’s capability to host the Olympic Games.

The heightened tensions have had further repercussions. The French Sports Minister cancelled the Olympic flame’s journey through New Caledonia, for security reasons, but also an action that reflects the severity of the unrest and the accusations of foreign interference.

The involvement of Azerbaijan in New Caledonia’s unrest is a multifaceted issue rooted in broader geopolitical rivalries and historical grievances.

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For Azerbaijan, supporting independence movements in French territories is a way to strike back at France for its support of Armenia and to bolster its own international standing.

For France, these actions represent a direct challenge to its sovereignty and stability in its overseas territories, prompting strong accusations and heightened tensions between Paris and Baku. 

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