EU approves billions in state aid to decarbonise ETS-covered German industrials
Brussels has approved billions in state aid for Germany’s energy-intensive industries covered by the EU ETS to help them reduce greenhouse gas emissions in production processes.
Read MoreFrance urged to double down its renewables energy -media
The French government needs to set an ambitious 2030 renewable energy target, said European Energy Commissioner Kadri Simson, who spoke on Thursday to lawmakers in the European Parliament’s committee on Industry, Research and Energy (ITRE).
Read MoreCarbon capture a hot potato to pass to new class of European co-legislators
Carbon capture is expected to be a task for the next European commissioners, due to be nominated after the European Parliament’s elections on June 6-9, experts warned on Thursday.
Read MoreStringent maritime targets urgently needed to align with IMO strategy -report
International shipping targets would need to be “very stringent right from the start”, to align with the International Maritime Organisation (IMO) strategy and reach net-zero emissions by 2050, according to a report released Thursday.
Read MoreFossil fuels in the dock as EU petitioners compare them to tobacco lobbies
Fossil fuel companies should be held accountable for their contribution to inflation, and kept at arm’s length from policy making, just like tobacco lobbyists, according to groups heard on Wednesday by the European Parliament’s Petition committee.
Read MoreEuropean Parliament committees adopt rules on corporate voluntary carbon credit use
Members of the joint European Parliament committees for the Internal Market and for the Environment adopted on Wednesday new rules regulating the use of carbon credits by EU companies.
Read MoreEU climate chief calls on “crown jewel” carbon markets to contribute to 90% by 2040 target, seeks global expansion
The EU should put a special focus on carbon markets to reach its climate targets, with the European Commission’s climate chief suggesting it could help cut emissions by 90% compared to 1990 levels while also aiding other countries reach their reduction goals.
Read MoreUK campaigners take action against carbon capture at Drax top-emitting plant
Drax Power Limited should be prevented from installing carbon capture technology at a power plant in Selby, the single-biggest carbon emitter in the UK, according to campaigners who have taken the first steps in challenging the plan.
Read MoreGermany urged to introduce climate bonus from carbon pricing revenues
Germany should introduce a climate bonus payment to return state revenues from carbon pricing to citizens as compensation for rising costs, according to the head of the International Energy Agency (IEA).
Read MoreEU nations postpone vote on due diligence for corporate climate neutrality plans
European ambassadors decided to postpone a vote, scheduled for Friday, on a bill setting due diligence rules for large companies, including an obligation to adopt Paris Agreement-aligned climate plans.
Read More