Livestock industry lobbied the EU to weaken climate policies -NGO

Published 16:57 on May 28, 2024  /  Last updated at 16:58 on May 28, 2024  / /  EMEA

The meat and livestock industry has been using fossil fuel companies’ techniques to erode EU efforts to address rising emissions from the sector, according to a new report by a climate non-profit.

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EU to be lenient with CBAM penalties during early phase, official says

Published 16:18 on May 27, 2024  /  Last updated at 16:18 on May 27, 2024  / /  Carbon Taxes, CBAM, Climate Talks, EMEA, EU ETS, International

The EU will not be too strict with companies during the transitional phase of CBAM and is looking into a possible WTO-compatible solution to promote exports of less carbon-intensive products made in Europe, a senior European Commission official told Carbon Pulse.

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Energy transition leapt ahead in Europe over last five years, fresh data shows

Published 14:06 on May 27, 2024  /  Last updated at 14:06 on May 27, 2024  / /  EMEA, EU ETS

The energy transition has massively expanded during the five-year term of European Commission President Ursula von der Leyen, with the share of renewables in the EU’s electricity sector jumping to 44% and investments in clean technologies more than tripling, according to fresh data published on Monday.

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Hungary lays out its green and climate priorities for next EU presidency

Published 16:19 on May 23, 2024  /  Last updated at 07:52 on May 24, 2024  / /  EMEA, EU ETS

Hungary’s energy and climate minister said the country will focus on advancing the green transition across the 27-nation bloc, as among the top climate and energy priorities during its turn with the EU presidency from July until year end.

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Failing to modernise grid will massively set back EU on climate targets -industry

Published 13:50 on May 22, 2024  /  Last updated at 13:50 on May 22, 2024  / /  EMEA, EU ETS

Failure to modernise the power grid could lead the EU to miss its climate targets by over 30% and jeopardise energy security, the European electricity industry association has warned.

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Carbon tech startup launches free voluntary credit insight platform

Published 11:00 on May 22, 2024  /  Last updated at 16:20 on May 22, 2024  / /  EMEA, Nature-based, Voluntary

A Berlin-based carbon tech startup has launched a free voluntary carbon credit insight platform on Wednesday, with the aim of making purchases more accessible to all.

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AI visualisation tool strives to increase trust in carbon markets

Published 23:01 on May 21, 2024  /  Last updated at 17:41 on May 17, 2024  / /  EMEA, Voluntary

A new tool using remote sensing data and artificial intelligence (AI) to bring carbon projects to life hopes to rebuild trust in credits by making projects more accessible.

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EU CBAM could shrink South Africa’s exports 10% by 2050 -central bank

Published 17:01 on May 20, 2024  /  Last updated at 17:01 on May 20, 2024  / /  Africa, Carbon Taxes, CBAM, EMEA, International

South Africa’s economy could suffer significantly if the EU’s carbon border adjustment mechanism (CBAM) is extended to all sectors, leading to a 10% drop in exports by 2050, according to the country’s central bank.

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Voluntary carbon removal standard expands science team with two new hires

Published 15:25 on May 20, 2024  /  Last updated at 15:25 on May 20, 2024  / /  Americas, Bavardage, EMEA, International, US, Voluntary

A London and New York-based carbon removal standard and registry has hired two carbon removal (CDR) experts to expand their science leadership team, the company announced on Monday.

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Incoming far-right Dutch coalition party set to dial back climate ambition

Published 15:59 on May 17, 2024  /  Last updated at 15:59 on May 17, 2024  / /  Carbon Taxes, EMEA

The Netherlands is set to U-turn on national climate and energy policies and complicate climate discussions at EU level as a new coalition government including Geert Wilders’ far-right party prepares to take over.

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