EU ministers call for decarbonising soon-to-be ETS-covered heating and cooling sectors

Published 12:13 on May 17, 2024  /  Last updated at 12:13 on May 17, 2024  / /  EMEA, EU ETS

Heating and cooling of buildings will be the next big decarbonisation challenge across the EU, according to 15 of the 27 member states, as the sector makes its debut into ETS2 from next year.

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EU countries cut gas under REPowerEU, but risk missing new target -analysts

Published 16:11 on May 16, 2024  /  Last updated at 16:11 on May 16, 2024  / /  EMEA, EU ETS

EU gas reductions are on track with objectives, two years into the bloc’s plan to end reliance on Russian fossil fuels before 2030, although the new target for 2024-25 leaves room for a step backwards, analysts said.

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CCS lobby group pleads for negative emissions reward, special envoy in next EU Commission

Published 16:49 on May 15, 2024  /  Last updated at 16:49 on May 15, 2024  / /  EMEA, EU ETS, Voluntary

A lobby group supporting carbon capture and storage (CCS) in Europe is calling for more support from policymakers, with a reward for negative emissions and a special envoy within the European Commission among a range of recommendations for the next legislative cycle.

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Public procurement a missed opportunity for EU climate action, report says

Published 01:01 on May 15, 2024  /  Last updated at 15:56 on May 14, 2024  / /  Carbon Taxes, CBAM, Climate Talks, EMEA, EU ETS, International

The EU has missed an opportunity to reduce carbon emissions and bolster domestic industries in Europe by failing to pursue a plan for green public procurement, according to a new report released on Wednesday.

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CF TURKIYE: EU CBAM to drive Turkish decarbonisation, experts say

Published 17:32 on May 14, 2024  /  Last updated at 17:32 on May 14, 2024  / /  Carbon Taxes, CBAM, Climate Talks, EMEA, EU ETS, International

The EU’s Carbon Border Adjustment Mechanism (CBAM) should drive Turkiye’s industries towards decarbonisation, providing incentives for emission reductions, experts said last week during a panel on the policy’s impact on the MENA region.

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Ireland leads group of EU countries in pushing to save contentious nature law

Published 12:30 on May 14, 2024  /  Last updated at 12:30 on May 14, 2024  / /  Biodiversity, EMEA

Ireland is guiding a group of EU member states seeking to rescue a proposed law to restore at least 20% of the bloc’s land and sea areas by 2030, following a year of back and forth between co-legislators.

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Investment in EU cleantech at record high, shows positive signs for competitiveness -report

Published 16:33 on May 13, 2024  /  Last updated at 16:33 on May 13, 2024  / /  Carbon Taxes, CBAM, Climate Talks, EMEA, EU ETS, International

The EU saw record investments in clean technologies in the first few months of 2024, part of an economic wave that shows signs for optimism in the 27-nation bloc, data showed on Monday.

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FEATURE: After Europe’s exit, remaining Energy Charter Treaty countries look to modernise pact from within

Published 14:05 on May 13, 2024  /  Last updated at 14:05 on May 13, 2024  / /  Carbon Taxes, CBAM, Climate Talks, EMEA, EU ETS, International

Remaining members of the long-criticised Energy Charter Treaty (ECT) are looking to modernise the international trade agreement to better support climate action, despite the departure of a growing number of European countries citing failed attempts to revamp it.

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NGO claims ArcelorMittal is failing to follow through on commitments to decarbonise

Published 08:01 on May 8, 2024  /  Last updated at 10:02 on May 8, 2024  / /  CBAM, Climate Talks, EMEA, EU ETS, International

Steelmaker ArcelorMittal is accused of walking back on commitments to decarbonise, and returning more money to shareholders than it puts into climate action, in a report released Wednesday by an NGO.

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EU grids should more than double in order to meet Paris Agreement goals -report

Published 12:18 on May 7, 2024  /  Last updated at 12:18 on May 7, 2024  / /  Climate Talks, EMEA, EU ETS

Collective grid capacity across 25 EU member states needs to more than double by 2035 in order to meet the Paris Agreement goal to keep global warming below 1.5C, according to research published on Tuesday.

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