EU clears increased aid for energy-intensive companies in Germany
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.
Read MoreEU’s abandoned coal mines emit as much methane as blown-up Nord Stream pipe -study
Abandoned coal mines in the EU have emitted an estimated 298 million cubic meters of methane per year since 2015, or the equivalent that leaked from the explosion of the Nord Stream pipeline between Russia and Germany in 2022, according to research published on Thursday.
Read MoreEU energy infrastructure plans at odds with 2030 climate target, scientists warn
Draft scenarios for long-term energy infrastructure development at EU level are incompatible with the bloc’s 2030 climate goal, and underestimate the cost of technologies like hydrogen and carbon capture and storage (CCS), scientists warned on Thursday.
Read MoreMost EU countries set to miss deadline for national energy and climate plans
The EU’s 27 member countries are running out of time to submit their National Energy and Climate Plans (NECPs), with only a few expected to meet the official deadline at the end of this week.
Read MoreEurope should shut down gas grids to avoid price spiral -report
Gas grids in Europe should be progressively shut down to avoid costs for consumers spiralling out of control, according to a study published on Monday.
Read MoreEU announces record €3 bln spending on clean energy from carbon trading revenues
The European Commission has disbursed €2.967 billion from emissions trading revenues to support 39 clean energy projects in less-developed EU member states, in what is the largest disbursement of this kind to date, the EU executive announced on Monday.
Read MoreINTERVIEW: Carbon farming to make EU debut with Ireland launching first framework
This summer, Ireland will launch its carbon farming framework, the first of its kind to be proposed for adoption in a European country, in collaboration with EIT Climate-KIC, a climate innovation initiative co-funded by the European Institute of Innovation and Technology.
Read MoreGermany and Italy to eat up all spare non-ETS emissions allocations by 2030 -report
Germany and Italy are on course to miss their climate goals in sectors excluded from the EU ETS, by such a large gap that they would eat up the entire available surplus of annual emissions allocations (AEAs) left for other countries, according to a report released on Thursday.
Read MoreEU Commission earmarks larger budget for 2025, but climate action sum unchanged
Expense for environment and climate action in the EU will remain the same as last year, although the general budget is growing, according to allocations for 2025 proposed by the European Commission on Wednesday.
Read MoreEU must manage social impacts of carbon pricing, business group warns
A briefing released today by the Corporate Leaders Group (CLG) Europe following EU elections earlier this month, makes the case for a “social deal” and an “industrial deal” alongside the Green Deal, to manage the transition to a net-zero economy.
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