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EU lawmakers tee up battle over REPowerEU carbon sale sources

Published 20:00 on September 27, 2022  /  Last updated at 20:29 on September 27, 2022  /  Carbon Taxes, CBAM, EMEA, EU ETS, Uncategorized  /  No Comments

Forthcoming talks on how to finance part of the EU’s rapid exit from Russian fossil fuels promise to be heated, with lawmakers and member states at odds over which carbon allowances to raise €20 billion from, though both are critical of a Brussels plan to tap the supply-managing MSR.

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Industrial demand for natural gas falling by 30% in Europe, says Engie exec

Published 10:36 on September 21, 2022  /  Last updated at 10:36 on September 21, 2022  /  Uncategorized  /  No Comments

Demand for natural gas from energy-intensive industrial companies in Europe has fallen by around 30% in recent weeks as the region grapples with the soaring costs of energy and a worsening economic outlook, Jean-Pierre Clamadieu, chairman of utility Engie said on Wednesday.

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