Meeting EU’s new SAF mandate could halve aviation emissions by 2050 -EU agency
Meeting the EU’s new mandate for sustainable aviation fuels could cut the bloc’s net CO2 emissions by nearly half in 2050 — although the sector will still have to rely on carbon offsets to reach net zero, an EU aviation agency said in a report on Tuesday.
Read MoreRichest 1% have already burnt their entire annual carbon budget for 2025, Oxfam says
The richest 1% have already used up their entire carbon budget for 2025, only 10 days after the start of the new year, charity Oxfam said in new analysis published on Friday.
Read MoreGermany waives first ETS2 deadline for regulated companies
Companies in Germany regulated by the incoming EU-wide heating and transport Emissions Trading System, ETS2, will not have to report their emissions in April, the national authority said on Tuesday.
Read MoreEU ETS free allocation rules are slowing down cement decarbonisation, NGO says
The design of the EU’s Emissions Trading Scheme is hindering the decarbonisation of the bloc’s cement sector, an environmental NGO said in response to a public consultation on draft new ETS-related rules last week.
Read MoreEU ETS support for sustainable aviation fuels should be extended, industry and NGO say
An EU regulation to allocate carbon allowances to support the rise of sustainable aviation fuel (SAF) should be extended to provide greater investment certainty, industry associations and civil society said in feedback to the proposal.
Read MoreEU’s power emissions hit historic low last year, industrial electricity demand barely rises -data
Emissions from European electricity generation hit a historic low in 2024 due to a higher proportion of renewables, while electricity demand did not pick up, the bloc’s industry association reported on Thursday.
Read MoreINTERVIEW: Aviation sector needs to look at ways to cut carbon now, while waiting for emissions-free planes to launch
Hydrogen fuel cell planes may not hit the market until the late 2040s, which means the aviation sector will have to adopt other measures to reduce emissions, such as increasing energy efficiency or redesigning airspace, according to a developer of the technology.
Read MoreEU ETS-financed Modernisation Fund doles out €2.7 bln to eight countries
The EU disbursed €2.7 billion from the EU ETS-financed Modernisation Fund for decarbonisation measures in eight member states, the European Commission announced, at the same time it approved billions of euros of state aid for clean energy projects.
Read MoreEU gives green light to €3-bln French scheme to decarbonise EU ETS industries
The European Commission gave France the go-ahead on Wednesday to disburse €3 billion of state aid in support of decarbonisation efforts from industries covered by the EU’s Emissions Trading Scheme (EU ETS).
Read MoreFrench asset manager seeks investors for €500-mln nature fund
A large private investment house is seeking investors for its €500 million nature-based solutions fund, which will finance carbon project development, and is on the cusp of finalising €50 mln from the European Investment Bank (EIB).
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