European Commission taken to court again by NGOs over green finance labels
Another coalition of NGOs are taking the EU Commission to court over the decision to include fossil fuel planes and ships in the bloc’s sustainable finance legislation, a day after non-profits said they are suing the EU over its weak 2030 emissions reduction target.
Read MoreGermany ups decarbonisation subsidies despite budget woes
All building owners in Germany will soon be able to apply for subsidies to decarbonise their heating system, the economy ministry announced on Tuesday, in a move that may help the country better prepare for the introduction of the EU-wide heating and transport Emission Trading System (ETS2).
Read MoreWorld’s first green ammonia plant opens in Denmark
A first-of-its-kind green ammonia plant that will take advantage of power fluctuations from wind and solar power was opened on Tuesday by a trio of Danish clean tech companies, with a view to decarbonise shipping, fertilisers and heavy industry.
Read MoreExperts recommend how to “responsibly” integrate carbon removal in EU 2040 climate policy
Climate policy experts have shared their key recommendations on how to implement carbon removal (CDR) technologies within the EU’s 2040 climate target, based on findings from a four-year project funded by the European Commission.
Read MoreOil demand from shipping sector to peak by mid-2020s -consultancy
Demand for fuel oil from the maritime sector is expected to peak by the mid-2020s, displaced in large part by LNG and increasingly efficient ships, according to a global energy consultancy.
Read MoreEmissions cap should be maintained if carbon removals included in UK ETS, say consultation respondents
Industry and NGOs backed the UK government’s proposal to maintain the gross emissions cap if greenhouse gas removals (GGRs) are included in the UK ETS, and argued their inclusion could incentivise their uptake but additional support will still be needed, according to responses to a government consultation.
Read MoreGermany shrinks funding for climate in its draft budget
Germany’s coalition government has agreed a diminished draft budget for its national climate and energy transition fund for 2025, and attracted criticism for optimistic assumptions about emissions trading revenue.
Read MoreFEATURE: Entities risk missing first ETS2 deadlines with national laws yet to be set
Many regulated entities under the EU’s incoming Emissions Trading System for heating and transport (ETS2) worry they won’t be able to meet their first compliance deadline — as all but one EU country has yet to implement the policy into national law, while another is drawing criticism for its move to do so.
Read MoreAircraft operators fined almost £700,000 for failing to surrender UK ETS allowances
Aircraft operators, including a number of private jet companies, have been fined around £700,000 in civil penalties for failing to surrender UK ETS allowances for the first year it was established, according to data published by the UK government.
Read MoreGreen shipping pioneer Maersk makes a U-turn on LNG
One of the largest shipping companies in the world, Maersk, has backtracked on its previous anti-liquefied natural gas (LNG) position by announcing plans to purchase ships capable of running on the fuel, highlighting the difficulty of lowering shipping emissions.
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