EU identifies ‘ambition gap’ in national climate action plans

Published 17:01 on September 13, 2024  /  Last updated at 17:01 on September 13, 2024  / /  EMEA, EU ETS

The European Commission has identified an “ambition gap” in the National Energy and Climate Action Plans (NECPs) adopted by EU countries, saying better planning and a tighter governance framework is needed to ensure the bloc delivers on its climate goals.

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Europe has likely passed its LNG consumption peak, analysts say

Published 10:34 on September 12, 2024  /  Last updated at 10:34 on September 12, 2024  / /  EMEA, EU ETS

Demand for liquefied natural gas (LNG) in Europe fell 20% year-on-year in the first half of 2024, after gas consumption dropped to a 10-year low last year, analysts said this week, suggesting the continent’s thirst for the fuel may have already peaked.

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INTERVIEW: EU’s aluminium industry heavily reliant on electricity to decarbonise

Published 11:29 on September 11, 2024  /  Last updated at 11:29 on September 11, 2024  / /  EMEA, EU ETS

The EU needs a lot more renewable and low-carbon electricity and it needs it “ASAP”, according to Paul Voss, director general of industry association Europe Aluminium, adding to a growing chorus of voices calling for lower energy prices to boost the bloc’s competitiveness.

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Draghi report calls for more ‘coherent’ EU climate agenda, focus on energy prices

Published 16:16 on September 9, 2024  /  Last updated at 16:16 on September 9, 2024  / /  CBAM, EMEA, EU ETS

The EU needs to bring down energy prices for industry and ramp up investments to meet its climate goals, Mario Draghi recommended in a widely awaited report on the future of the Union’s competitiveness.

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UPDATE – France appoints European Green Deal champion as new prime minister

Published 16:01 on September 5, 2024  /  Last updated at 20:30 on September 5, 2024  / /  EMEA

Michel Barnier, a former EU commissioner and early champion of the European Green Deal, has been appointed French prime minister.

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Poland outlines climate- and energy-related priorities of upcoming EU presidency

Published 14:45 on September 5, 2024  /  Last updated at 14:45 on September 5, 2024  / /  EMEA

Krzysztof Bolesta, Poland’s state secretary for climate and environment, has highlighted his three main priorities for the upcoming six-month Polish EU Presidency beginning on Jan. 1 next year.

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EU’s Ribera calls for doubling investment in electricity grids

Published 10:32 on September 5, 2024  /  Last updated at 10:32 on September 5, 2024  / /  EMEA

The Spanish ecological transition minister, who is widely tipped for the European Commission’s climate portfolio, has highlighted the importance of ramping up investments in electricity grids to support the green transition.

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Future of EU agriculture report dismisses carbon trading as ‘premature’

Published 14:24 on September 4, 2024  /  Last updated at 14:24 on September 4, 2024  / /  EMEA, EU ETS

The European Commission vowed to “keep reflecting” on ways to make agriculture more sustainable and resilient to climate change, as experts delivered their final report on the future of EU agriculture in Brussels that struck a sceptical tone on carbon trading in the sector.

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US business group gives advice to EU on CCUS, hydrogen deployment

Published 07:00 on September 4, 2024  /  Last updated at 01:02 on September 2, 2024  / /  Americas, EMEA, EU ETS

Carbon capture, utilisation, and storage (CCUS) and hydrogen technologies have a critical role to play in achieving the EU’s decarbonisation targets, particularly for hard-to-abate sectors, said the American Chamber of Commerce to the European Union in recommendations to the bloc’s policymakers on how to accelerate deployment.

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Spain’s Ribera seen as most likely pick for EU climate chief

Published 17:26 on September 3, 2024  /  Last updated at 17:26 on September 3, 2024  / /  Climate Talks, EMEA, EU ETS, International

The Spanish Minister for the Ecological Transition, who was appointed to Brussels last week by her government, is widely tipped for the European Commission’s climate portfolio, but is not certain to be confirmed in time for the COP29 summit in Baku.

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