EU 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).
Read MorePoland can teach the rest of the bloc how to become a cleantech powerhouse -think tank
Poland can use its Council of the EU presidency next year to help the EU become a global clean tech hub, applying lessons learned from its own success story, a think tank said on Wednesday.
Read MoreItaly gets EU green light for aid to build 18 GW of new renewables
Italy has received the green light on Tuesday for a €9.7-billion scheme to support the construction of new renewable power capacity that could increase the country’s installed total by nearly a third compared to 2023.
Read MoreMontenegro seeks CBAM exemption by linking power system with EU -media
Montenegro has asked for an exemption from the first year of the EU’s Carbon Border Adjustment Mechanism (CBAM), the country’s energy minister said on Friday as reported by local media.
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