The seven sins of heat pump policies in Europe, identified
The transition to sustainable heating solutions is stalling across European countries due to collapsing heat pump sales, which are putting 170,000 jobs at risk, researchers have warned.
Read MoreAustrian climate plan falling short on social aspects, Brussels says
Austria’s National Energy and Climate Plan (NECP) still has room for improvement, particularly when it comes to provisions aimed at alleviating the social impact of carbon pricing policies on households, according to recommendations published on Friday by the European Commission.
Read MoreEU clarifies next emissions monitoring regulation for offshore ships
The European Commission has clarified its rules for extending its monitoring, reporting, and verification system to greenhouse gas emissions from offshore vessels, slightly broadening the list of ships considered to be offshore.
Read MoreParties poised to find early agreement on Article 6 in Baku, say EU sources
Long-awaited agreement on Article 6 of the Paris Agreement, which governs UN carbon crediting and international mitigation outcome trade, could be finalised by end of the first week at COP29, according to EU sources.
Read MoreExperts warn against relaxing EU’s anti-deforestation regulation
Europe should reward sustainable forestry practices rather than profit-seeking from logging activities, researchers have said, echoing calls from left-wing lawmakers in the European Parliament who reject a recent proposal to delay the EU’s anti-deforestation regulation by one year.
Read MorePREVIEW: EU’s new climate policy duo to face Parliament grilling
The two new EU commissioners-designate responsible for climate policy are preparing for a high-stake confirmation hearing in the European Parliament next month, amid a dispute between political groups over the timing of the interviews.
Read MoreCCS plans could leave European taxpayers with €140 bln bill -report
Taxpayers in Europe risk having to foot a collective €140 billion bill for risky carbon capture and storage projects, as governments in the EU and the UK bet on CCS to reduce greenhouse gas emissions from hard-to-abate sectors, financial analysts have warned.
Read MoreDenmark joins call to impose ‘solidarity levies’ on biggest polluting sectors
Denmark has thrown its weight behind calls for ‘solidarity levies’ to be imposed on sectors like shipping, aviation, and fossil fuel extraction, one month ahead of a UN climate summit that will be focused on agreeing a new global climate finance goal.
Read MoreCFEL24: Investors call for detailed data to mitigate risks as EU ETS free allocations shrink
Investors want detailed data and long-term investment strategies to navigate future carbon pricing scenarios, as they prepare to work in a context with fewer free allowances in compliance markets.
Read MoreEU nations urged to allocate ETS revenues towards climate goals
The European Union should invest earnings from the carbon market more efficiently towards climate goals, according to a collective call.
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