EU climate chief hints bloc may drop clean power push at COP31

EU climate chief Wopke Hoekstra said at COP31 that the bloc will probably need "a certain degree of pragmatism" on electrification, signaling it may soften its push for clean power. The remark suggests Brussels could scale back or slow parts of its electrification agenda as it balances climate goals against cost and competitiveness pressures. The shift matters because EU policy sets the pace for power-sector investment and renewable deployment across a market of roughly 450 million people. Watch whether the European Commission follows the hint with concrete changes to upcoming power and electrification proposals, and how member states and industry groups respond.