EU regulators are paid out of EU taxpayers' money, taken by an actual unstoppable force, on the sole promise that they will do a good job of writing some words down on paper.
If they can't even do that then you need to blame them. Not people who talk to them.
It's probably the worst piece of law and one of the most useless thing I have ever seen in my life. When the reporting became mandatory, most of the documents required to decide if your activity was concerned were yet to be published. Application documents were inexistent. The commission had refused to coordinate with national accounting bodies to ensure things would be simple to interpret and the result was a monster. All of that to publish a useless report with no actual impact in the field. Only a mad bureaucracy with no idea of how a company operates can produce such bullshit.
I am fairly convince the CSDDD was the same. I knew what was in the CSRD and it's so impractical, it's hard to believe.
Brussels under Von Der Leyen 1 was apparently completely crazy. It's good to see some sanity prevail.
And the thing is, lobbying by domestic and foreign interests has been so normalized, that most people are already numb to it. Like Putin was even visiting his Austrian politicians buddies who then got jobs at Russian oil and gas companies after their terms and nobody in EU kicked much fuss about it when it was all done public and in the open and in 2022 we got to experience the consequences.
So as long as nobody from politics is going to jail for treason or insurrection, or at least lose their seat and generous pension over such blatant cases of corruption and treason, this will only continue or even grow larger, as those in power have proven to be unaccountable to anyone.
I don't know how we(the public) can fix this peacefully an democratically, as any party I can vote for gets captured by lobbyist interests who seek to undermine our interests.
Source: https://en.wikipedia.org/wiki/Corporate_Sustainability_Due_D...
I'm seeing the exact same narrative more and more right here on HN, in every thread in any way related to the EU - the idea that the likes of GDPR are destroying "competitiveness". That if only all of it would be axed, "competitiveness" would arise once more.
It's not a coincidence, especially with so much FAANG employees, either ex- or current, who spend even more on lobbying than the likes of Exxon highlighted in this article. Though it seems naive to blindly hope that even in the age of mass astroturfing, this place is somehow immune.
It's frightening just how similar the playbook and the players involved are, big oil and big tech being oh so alike.
I was a bit disappointed when I clicked the the link called "1" following leaked documents I got a short note on the document, but apparently no link to the document.
So I scrolled dow to the bottom figuring the number and link was a reference to the appendix but that did not appear to be case.
Similar link looking numbers appear to work the same way.
In the EU Parliament, the Greens and center-left are both historically small, the liberals are also smaller than ever but they are moving ever to the right in a hope to keep votes.
Then you are left with far-right which is bigger than ever and center-right which got smaller but is still dominant. Both of these don't really care much for human rights and climate law.
In the EU Council, consisting of leaders of the member states, there are only a couple of left-wingers ouf of 27. The rest is (center-)right. Zero greens.
In the next tab, I am reading (in Czech) an article titled "Shall we produce tanks out of wood?" which addresses the fact that pushing all steel production out of Europe through unrealistic pollution demands and other regulations cannot be squared with maintaining any ability to defend ourselves.
(Link for the interested people: https://www.seznamzpravy.cz/clanek/ekonomika-byznys-rozhovor...)
Pisses me right off
My experience with European Union is that the EU politicians mostly live in a ivory tower and spend their days producing garbage laws and aren't actually addressing anything important.