BRIEFING: EU energy and climate stories to watch in the weeks ahead

Published 16:43 on July 12, 2024  /  Last updated at 16:43 on July 12, 2024  / /  EMEA

Reporter Emanuela Barbiroglio recaps key EU energy and climate developments from last month and the stories to watch out for in the weeks ahead, as part of a briefing produced in cooperation with Clean Energy Wire.

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COP29 presidency “optimistic” about Article 6, to earmark at least $500 mln for climate finance

Published 17:42 on July 11, 2024  /  Last updated at 17:50 on July 11, 2024  / /  Climate Talks, International, Paris Article 6, Voluntary

Lead negotiators laying the ground for the next UN climate summit are “more optimistic” about two key texts on carbon crediting methodologies and international trade than in the run-up to previous summits, a senior official told Carbon Pulse on Wednesday.

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EU carbon removal framework to move forward on peatlands methodology as stakeholders react to name change

Published 15:07 on July 11, 2024  /  Last updated at 15:07 on July 11, 2024  / /  EMEA, EU ETS

The European Union policy on how to define and certify carbon removal activities will move forward in October on a peatlands methodology, while several active in the sector have expressed surprise at a recent change in name of the regulation.

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IMO to help developing countries decarbonise shipping

Published 15:26 on July 9, 2024  /  Last updated at 15:26 on July 9, 2024  / /  Climate Talks, International, Shipping

Developing countries will be able to get technical support when preparing their strategies to reduce greenhouse gas emissions from shipping, thanks to a new programme announced on Tuesday by the UN’s shipping regulatory body International Maritime Organization (IMO).

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French election puts ‘industrial green deal’ in the spotlight across EU

Published 17:03 on July 8, 2024  /  Last updated at 17:03 on July 8, 2024  / /  Climate Talks, EMEA, EU ETS, International

Sunday’s voting result in France suggests an ‘industrial green deal’ may be just what the EU needs to create a successful political alliance in the aftermath of snap legislative elections called by President Emmanuel Macron.

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EU’s upcoming definition of ‘waste heat’ reopens ETS controversy

Published 17:37 on July 5, 2024  /  Last updated at 17:37 on July 5, 2024  / /  EMEA, EU ETS

An upcoming European Commission guidance document designed to help the 27 EU member states interpret the legal definition of ‘waste heat’ is likely to create some conflict when released later this month, as the waste incineration sector recently entered the EU’s Emissions Trading Scheme (EU ETS).

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Transport, international cooperation key for CCS in Europe, experts say

Published 11:39 on July 5, 2024  /  Last updated at 11:39 on July 5, 2024  / /  Carbon Taxes, CBAM, Climate Talks, EMEA, EU ETS, International

The deployment at scale of carbon capture and storage (CCS) across Europe will require stronger cross-border connections, with CO2 transport pipelines and regulated markets seen as the next big challenge by industry experts.

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France to invest over €10 bln in offshore wind, despite far-right hostility

Published 17:44 on July 3, 2024  /  Last updated at 17:44 on July 3, 2024  / /  EMEA

France will support the deployment of offshore wind power thanks to a €10.82 billion state aid scheme approved by the European Commission on Wednesday, despite opposition from the far-right which appears closer than ever to having a majority in Parliament following elections to be held on Sunday.

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Swedish biogenic CCS project to begin this year thanks to EU-approved aid

Published 16:38 on July 2, 2024  /  Last updated at 16:38 on July 2, 2024  / /  EMEA

A Swedish project for biogenic carbon capture and storage is about to kick start with the first auction to open this year after the European Commission gave its blessing today to a €3 billion (SEK 36 bln) state aid scheme.

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EU clears increased aid for energy-intensive companies in Germany

Published 16:29 on July 2, 2024  /  Last updated at 18:00 on July 2, 2024  / /  EMEA, EU ETS

Energy-intensive companies facing indirect emission costs in Germany will benefit from billions worth of state aid compensation, as the European Commission approved on Tuesday some amendments proposed to an existing national scheme.

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