LEAK: EIB’s draft ‘strategic roadmap’ opens door to nuclear energy financing
The European Investment Bank (EIB), one of the world’s largest multilateral lenders, is considering opening its capital to investments in nuclear power, marking a departure from the EU bank’s traditional lending policy on clean energy, which has so far focused mostly on renewables.
Read MoreAustria to replace national CO2 pricing scheme with EU ETS2
The Austrian Parliament voted in favour of replacing its national carbon pricing scheme for fossil fuels – covering the heating and transport sector – with the EU’s upcoming ETS2, which is due to come into effect as of 2027.
Read More‘Over-protection and over-regulation’: Think tank issues scathing criticism of EU Green Claims Directive
With the Green Claims Directive, EU legislators seem to be mistakenly seeking to regulate the voluntary carbon market rather than laying down rules for companies to communicate their green credentials to consumers, according to a leading climate think tank.
Read MoreBusiness groups team up to develop CO2 pricing for building sector
Large industry associations have announced a new taskforce to develop a comprehensive carbon pricing strategy for the real estate sector, along a whole value chain perspective.
Read MoreAnnual ETS report highlights growing complexity of EU’s carbon pricing policies
The Emissions Trading Scheme (ETS), widely regarded as the crown jewel of the EU’s climate policy, is becoming more complex as new sectors are added and additional measures are taken to address the scheme’s socio-economic impact, according to a new report released today.
Read MoreEU’s truck CO2 emissions law clears final hurdle
EU countries on Monday signed off on a law aiming to cut the CO2 emissions of new heavy-duty vehicles by 90% as of 2040, concluding a legislative journey that began in February last year.
Read MoreEU-made batteries up to 62% less carbon-intensive than China’s -report
Onshoring the electric vehicle supply chain to Europe would cut the emissions of producing a battery by at least 37% compared to a China-controlled supply chain, with potential CO2 savings as high as 62% if renewable energy is used, according to a study released on Monday.
Read MoreEU passes law making carbon tracking obligatory for goods sold in Europe
The European Parliament gave its final green light on Tuesday to new ecodesign rules that will make it mandatory for companies to track and report about the carbon content of products placed on the EU market, alongside a range of other environmental footprint indicators.
Read MoreBRIEFING: Who are the small industrial emitters covered by the EU’s ETS2?
Small industrial emitters falling under the “other” sectors covered by the EU’s Emissions Trading System for road transport and heating fuels, ETS2, are typically German installations burning fossil gas in plants of less than 20 megawatts, analysts say.
Read MoreFEATURE: EU ETS2 success hinges largely on electric vehicles, analysts say
The EU’s Emissions Trading System for road transport and heating fuels, ETS2, is set to be dominated by the transport sector, with more than half of total emissions coming from cars, trucks, and vans that will rely heavily on electrification to decarbonise, analysts say.
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