Experts warn against ‘dark side’ of including carbon removals in EU ETS
There is a risk of the “dark side of carbon dioxide removals (CDR) taking over” if technologies to suck CO2 from the atmosphere are included in the EU’s Emissions Trading Scheme (EU ETS), experts warned at an event in Brussels on Tuesday.
Read MoreNon-profit calls on the EU to come up with a dedicated CO2 removal strategy
The EU needs to develop a carbon dioxide removal (CDR) strategy and lay out a roadmap for carbon removals deployment from now to 2050 in order to achieve net zero emissions by mid-century, according to a climate non-profit.
Read MoreUK-based startup receives fresh funding to develop three more direct air capture plants
A UK-based startup has received a fresh injection of cash to expand its carbon-sucking direct air capture (DAC) technology solution, the company announced on Monday.
Read MoreGermany on track to reach 2030 climate goal, lagging on sectoral targets, agency says
Germany is on track to reach its 2030 national greenhouse gas (GHG) target, recording the sharpest decline in emissions since 1990 last year, but is lagging behind on sectoral goals for agriculture, transport and the building sector, the country’s environment agency said on Friday.
Read MoreGlobal retail investors broadly support investments that tackle climate change -survey
Retail investors want funds and pension plans to take an active role in addressing climate change, according to a survey of 5,000 stakeholders conducted by a climate think tank and a strategy consultancy firm.
Read MorePREVIEW: China pushes to exclude carbon levy from efforts to reduce shipping emissions
A proposal by China that snubs a carbon pricing mechanism to reduce emissions from the shipping sector in favour of a marine fuel standard is emerging as one of the frontrunner options to be discussed at a key UN meeting next week.
Read MoreHungary and Poland extend coal mining and power generation
A coal-fired power station in Hungary and a mine in Poland have been granted more time to operate as part of separate decisions, reported in local media on Wednesday, drawing threats of legal action from environmental groups that say the moves contradict national climate targets.
Read MoreEU ban on new fossil fuel cars key to hitting 2040 climate target -NGO
The EU’s revised CO2 regulation for cars, which bans the sale of new petrol and diesel vehicles as of 2035, is “the single most important emissions reduction measure” necessary to hit the bloc’s 90% GHG reduction target by 2040, according to a new study.
Read MoreEuropean Parliament approves list of ‘high priority’ energy projects, including two gas pipelines
Members of the European Parliament voted on Tuesday not to reject a European Commission list of energy infrastructure projects eligible for funding and streamlined permitting processes, which includes two natural gas pipelines.
Read MoreTurkiye overtakes Poland to become Europe’s second largest coal-fired power generator -analysts
Turkiye overtook Poland to become the second largest coal-fired power generator in Europe last year, due to its increasing reliance on fossil fuel imports and wavering wind capacity installation, according to an environmental think tank.
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