INTERVIEW: Investors chilled by noise of European Green Deal unravelling

Published 16:27 on June 19, 2024  /  Last updated at 16:27 on June 19, 2024  / /  EMEA

As competition with China and the US intensifies on clean tech, the EU must stay the course on the Green Deal and make sure it is implemented by filling the remaining gaps in areas like finance and electrification of end-uses, says Iberdrola’s director for climate, Gonzalo Saenz de Miera.

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EU bank urged to scale up public guarantees for clean tech investment

Published 23:01 on June 18, 2024  /  Last updated at 12:38 on June 18, 2024  / /  EMEA

A group of 39 European clean tech innovators, investors, industry associations, researchers and NGOs have joined forces to call on the European Investment Bank (EIB) to ramp up public guarantees for investments in clean technologies ahead of a key board meeting on Friday.

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Calls grow louder for ‘new industrial deal’ to drive EU climate agenda

Published 15:36 on June 18, 2024  /  Last updated at 15:36 on June 18, 2024  / /  EMEA

Industry associations in the cement, steel, chemicals and wind energy sector have joined forces to call for “a new industrial deal” to drive Europe’s transition to climate neutrality while securing jobs in the manufacturing sector.

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EU countries reach common stance on green corporate claims

Published 15:48 on June 17, 2024  /  Last updated at 07:53 on June 18, 2024  / /  EMEA, Voluntary

The EU’s 27 environment ministers reached a common position on the EU’s Green Claims Directive on Monday, introducing a new definition for climate-related claims that distinguishes between “contributions” to greenhouse gas reduction efforts and those relying on carbon “offsets” such as reforestation projects.

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EU scientific advisors tell newly-elected Parliament to stay the course on climate

Published 05:00 on June 17, 2024  /  Last updated at 01:27 on June 17, 2024  / /  EMEA

While political priorities may shift following the 2024 European elections, the science remains clear: Europe must maintain momentum towards achieving its climate objectives, the EU’s scientific advisors said in a note to newly-elected MEPs on Monday.

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Greens offer backing for ‘industrial deal’ as ticket to join EU Parliament majority

Published 16:25 on June 13, 2024  /  Last updated at 16:25 on June 13, 2024  / /  EMEA

The weakened European Green Party has offered to join a coalition led by outgoing European Commission President Ursula von der Leyen, saying they are ready to back an “industrial Green Deal” in exchange, following last weekend’s elections.

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Far-right surge in German coal region ‘concerns us a lot’, state chief says

Published 13:13 on June 13, 2024  /  Last updated at 13:13 on June 13, 2024  / /  EMEA

The European Green Deal looks likely to have survived the EU elections last weekend, but the far-right’s surge in Germany’s coal regions gives reasons for concern, with trade unions warning about a “corrosive cocktail” threatening climate policy in the long term.

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Chemical industry urges faster green transition after EU elections

Published 14:25 on June 12, 2024  /  Last updated at 14:25 on June 12, 2024  / /  EMEA, EU ETS

The chemical industry is calling for faster implementation of the European Green Deal after the 2024 EU Parliament elections, saying cheap and abundant renewable electricity will be the cornerstone of the industry’s ability to compete on the global stage in the 2030s.

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Coal power hits all-time low in Poland and Greece, new data shows

Published 14:06 on June 10, 2024  /  Last updated at 14:06 on June 10, 2024  / /  EMEA, EU ETS

Electricity generation from coal fell to record lows in Poland and Greece, according to data released on Monday, as both countries ramped up renewable power generation to meet climate goals.

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BRIEFING: What to expect on climate policy after the European elections

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

The European Parliament has a politically charged agenda for the next five years as the EU prepares to adopt its 2040 climate goal, implement its controversial CO2 border tax, and deal with the social consequences of extending carbon pricing to road transport and heating fuels, among other climate policy objectives.

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