Estonian PM questions participation in EU ETS after Estlink2 cable outage
Estonia’s Prime Minister Kristen Michal has criticised the country’s participation in the EU Emissions Trading System (EU ETS), as the country weathers an energy crisis and the fallout from a damaged undersea power cable.
Read MoreGlobal emissions set to rise as uncertainty boosts fossil fuel markets in 2025, analysts warn
Global greenhouse gas emissions are expected to rise this year as energy demand growth outstrips clean energy supply growth, analysts said on Thursday.
Read MoreNew Danish carbon tax legislation to enter into force from 2025
Denmark is introducing a new tax on CO2 emitted by enterprises already covered in the EU Emissions Trading System (ETS), with an Emission Tax Act set to enter into force on Jan. 1, 2025.
Read MoreFEATURE: European climate NGOs face bleak future as funding dwindles
European climate advocacy groups are worried about their future — and the future of the causes they care about — as their government funding dries up and public backlash rises.
Read MoreFEATURE: Social acceptance of the Green Deal at a minimum endangers EU ETS2
The second chapter of the EU’s Emissions Trading System risks being delayed and watered down if governments leverage certain clauses aimed at protecting vulnerable people, as political clashes within the bloc continue to undermine the reputation and very existence of the European Green Deal.
Read MoreEU states hesitant on ETS2 amid worries about auto sector’s future
Several EU nations worry the implementation of a new Emissions Trading System (ETS) for transport and heating fuels, as well as a looming ban on CO2-emitting cars, may harm the bloc’s automotive sector, with more and more hesitations emerging from Tuesday’s Environment Council.
Read MoreSome EU countries push for separate carbon removals target for 2040
EU member states are considering the possibility of setting a specific target for carbon removals in the EU’s new emissions reduction target for 2040, which is due to be negotiated over the course of next year.
Read MorePREVIEW: Five things to watch on EU climate policy in 2025
With the Polish EU Council presidency focusing on energy security in the first half of the year, the initiative on climate is expected to come from the European Commission, with a series of proposals due in the first quarter, including a much-awaited Clean Industrial Deal at the end of February.
Read MoreElectrifying EU industry can reduce emissions by 78% -report
The electrification of European industries would see a huge cut carbon emissions from the sector based on existing technologies, while also improving the bloc’s competitiveness with energy independence and greater efficiency, according to a new report Thursday.
Read MoreEU conservatives pushing to cancel CO2 fines for carmakers
Lawmakers from the centre-right European People’s Party (EPP) have called on the EU to find ways of avoiding fines for carmakers that fail to meet their CO2 reduction targets in 2025, saying “a realistic approach” is needed on EU climate goals.
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