LEAK: Poland wants immediate access to free EU ETS allowances for district heating
Poland is asking the European Commission for 30% more free EU ETS allowances for district heating networks, and that they be allocated while implementing climate investments rather than at the end of the period, as stated in EU regulation.
Read MoreHigher emissions and EU carbon prices if no CBAM solution is found for UK power exports to EU -analysts
EU emissions and carbon prices could rise as a result of the bloc’s Carbon Border Adjustment Mechanism (CBAM), causing a reduction in power flows from the UK to the EU, according to scenarios modelled by an energy analytics firm.
Read MoreThree out of four people believe causing environmental damage should be a crime -survey
Nearly three out of four people in G20 countries believe causing environmental damage should be a criminal offence, according to a survey released on Friday.
Read MoreRWE boss calls on policymakers to stop ‘misusing’ EU ETS
The CEO of German power utility RWE has called on policymakers to stop meddling with the EU’s Emissions Trading Scheme (ETS), pointing the finger at a 2022 reform aimed at raising funds to help European countries exit Russian fossil fuels.
Read MoreEU lawmakers call on China, Saudi Arabia to contribute more to climate finance
Members of the European Parliament on Wednesday ratcheted up pressure on China and oil-rich countries in the Middle East to start contributing more to international climate finance.
Read MoreBiofuels need to be diverted and power ramped up to decarbonise EU aviation, says think tank
Diverting biofuel production from road transport to the aviation sector could help it reach its decarbonisation targets, while a massive ramp up of renewable and additional electricity production will be needed to meet the 2050 goals, according to a report by a German climate think tank.
Read MoreFEATURE: Lack of clarity on penalties casts doubt over efficacy of CORSIA carbon offsetting scheme
A lack of clarity on how the CORSIA penalty system will work, and the fact only a handful of countries have started transposing the UN’s international aviation offsetting scheme into their national laws, raises doubts over how the mechanism will be enforced.
Read MoreNew shipping decarbonisation options emerge with clean fuels in short supply -insurer
Fossil fuel consuming ships paired with carbon capture, nuclear propulsion, and hydrogen-powered fuel cells are emerging as a new decarbonisation option due to the scarcity of low-carbon fuels, according to a global shipping insurer’s decarbonisation outlook.
Read MoreEuropean Commission taken to court again by NGOs over green finance labels
Another coalition of NGOs are taking the EU Commission to court over the decision to include fossil fuel planes and ships in the bloc’s sustainable finance legislation, a day after non-profits said they are suing the EU over its weak 2030 emissions reduction target.
Read MoreGermany ups decarbonisation subsidies despite budget woes
All building owners in Germany will soon be able to apply for subsidies to decarbonise their heating system, the economy ministry announced on Tuesday, in a move that may help the country better prepare for the introduction of the EU-wide heating and transport Emission Trading System (ETS2).
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