COP28: High-emitting Bulgarian coal plant to run until 2030 despite EU ruling -minister
Bulgaria’s environment minister expects one of the biggest coal power plants in the EU ETS to operate until 2030, despite the EU ruling that the plant exceeds pollution limits and therefore should be shuttered, he told Carbon Pulse on the sidelines of COP28.
Read MoreCOP28: Most UN summit announcements will not result in meaningful emissions cuts, says report
Most of the sectoral pledges announced during COP28 will not lead to a sufficient reduction in emissions to limit global warming by 1.5C, as many are already counted in national plans or lack sufficient ambition, a report published on Saturday found.
Read MoreCOP28: Finland pursues negative emissions around 2040 through “aggressive” carbon capture
Finland plans to achieve negative emissions by around 2040 by “aggressively” pursuing carbon capture, the country’s environment minister told an audience at the United Nations climate conference COP28 on Saturday.
Read MoreEU legislators agree on new rules to decarbonise gas market and create hydrogen one
EU institutions agreed on updated rules to decarbonise the gas market and create a hydrogen one on Friday evening, which will enable the bloc to further reduce its dependence on gas, as well as agree that long-term contracts for unabated fossil gas should not extend beyond 2049.
Read MoreEU institutions clinch provisional deal on new rules to boost energy performance of buildings
EU institutions agreed on new rules to boost energy performance of buildings across the bloc late on Thursday evening after months of negotiations, though NGOs criticised co-legislators for significantly weakening the European Parliament’s original stance.
Read MoreCOP28: FEATURE – Complaints over unilateral trade measures threaten progress in crucial climate talks
The perceived injustice of industrialised countries propping up their own clean technology industries with protectionist measures and subsidies is being seized on by emerging economies as a negotiating chip that is complicating COP28 UN climate talks in Dubai, sources at the summit told Carbon Pulse.
Read MoreCOP28: War-torn Ukraine’s climate plans overshadowed by rising conflict emissions
Ukraine’s government is persisting in its efforts to introduce an ETS by 2025 and in plans to re-build the war-torn country in a greener way, though these initiatives are undermined by Russia’s continuous attacks as well as increasing emissions and environmental damage caused by Moscow’s aggression.
Read MoreCOP28: Global CO2 emissions reach record high in 2023 -scientists
Fossil fuel emissions reached a record high in 2023, according to new scientific research published on Tuesday, as reductions in CO2 in some regions were cancelled out by increases in output elsewhere.
Read MoreCOP28: Norway, Morocco sign Article 6 MoU
Norway and Morocco have signed a Memorandum of Understanding (MoU) to cooperate on Article 6 of the Paris Agreement, they announced on Saturday at the UN climate conference COP28 in Dubai, making it the third such agreement Norway has signed in the past few weeks.
Read MoreCOP28: Macron and Bloomberg announce global data transparency plan for private sector emissions
French President Emmanuel Macron and billionaire media mogul Michael Bloomberg announced a framework to set up the world’s first global and open emissions data source for private sector emissions at COP28 in Dubai on Saturday, with 400 companies so far signed up at its launch.
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