Tagged With EU
26 February 2024
Operators will be liable for leaks back into the atmosphere under rules designed to give clarity to industry
20 February 2024
Carbon costs imposed by EU on chemicals sector are unsustainable, INEOS CEO and founder Jim Ratcliffe warns commission president
7 February 2024
Carbon removal technology instrumental in meeting 2040 and 2050 emissions targets, European Commission says
12 October 2023
Incoming EU climate commissioner Wopke Hoekstra has defended the target, which has bullish implications for EU ETS prices
15 September 2023
Training for regional customs authorities and detailed analysis of reporting accuracy will ensure effectiveness of final scheme
13 June 2023
Storage infrastructure targets and coordinated project funding among proposals as European Commission warns on slow pace of development
27 March 2023
EU’s Cbam model likely to be replicated as national emission reduction schemes move at different speeds, global trading companies say
21 March 2023
European oil major agrees to work with CNPC as Chinese state company seeks international partnerships to grow deployment of CCUS
16 March 2023
Package of regulatory proposals sets 2030 storage target as EU jostles for position in global green technology race
15 March 2023
CBAM expected to have significant long-term impact on trade with EU, warns speaker at country’s annual parliamentary session
28 February 2023
Utility hedging and a tighter supply-demand balance are boosting prices, but falls still expected later in year
10 February 2023
Final shape of the law endorsed by European Parliament with only EU Council endorsement remaining
13 January 2023
State government offers 20-year CfD to support deployment of carbon capture as key decarbonisation tool
19 December 2022
New scheme for transport and buildings paired with tighter cap in existing system
13 December 2022
Carbon border adjustment mechanism will begin test period in 2023 and phase in slowly over course of the decade
30 November 2022
Provisional agreement is still subject to an overall deal on the ETS revision in late December.
29 November 2022
Carbon removals proposal must prioritise emissions cuts and differentiate between short-term and long-term storage, according to NGOs
18 November 2022
The bloc makes negotiating concession as it looks to tie loss-and-damage fund to mitigation
15 November 2022
Volatile power prices have boosted revenues, but new entrants faced with higher capex thanks to spiking lithium prices
10 November 2022
Scheme will punish other trading blocs that do not have a carbon price of a similar level, industry seminar hears
4 November 2022
Special focus on expanding renewables to make the bloc ‘immune to Russian energy blackmail’
4 November 2022
Decline follows more than 12 months of rising year-on-year figures due to low nuclear output and increasing demand
2 November 2022
High inflation and interest rates will hamper project development, but progress is still being made in key areas, says Energy Transitions Commission
1 November 2022
Money will come from the Innovation Fund, which has already provided €1.5bn in support to 11 carbon-capture projects
31 October 2022
New legislation will phase out diesel and petrol vehicles over next 12 years
25 October 2022
Patchwork approach could damage wholesale markets and discourage investment in renewables, industry groups say
6 October 2022
Initial Commission proposal to sell allowances from Market Stability Reserve rejected by both EU Parliament and Council
14 September 2022
Proposals also include a temporary revenue cap on operators of renewable, nuclear and lignite power generation
12 September 2022
Emergency measures aim to lower power prices by reducing demand at peak times
8 September 2022
Largest group in European Parliament has suggested sale of allowances across one year to finance investments in energy projects
30 August 2022
European Commission is working on both an emergency intervention and long-term structural reform following high electricity prices
24 August 2022
Prices in the EU’s emissions trading scheme hit an all-time high last week after an August rally on reduced volumes and an increase in coal burn
6 July 2022
European Parliament fails to reject Commission proposal to define some nuclear and natural gas power as sustainable
28 June 2022
Council sets binding EU-level targets of 40pc for renewables’ share of the energy mix and 36pc for energy efficiency
22 June 2022
European Parliament has voted in favour of steeper emissions reductions and inclusion of maritime, road transport and heating in carbon pricing schemes
20 June 2022
Gas businesses have embraced the acceleration of decarbonisation prompted by the Ukraine war but are concerned about the feasibility of new targets—especially for hydrogen
15 June 2022
Cap reduction stays at diluted level but free allowances phased out by 2032
8 June 2022
Reforms proposed under EU’s ‘Fit for 55’ package will go back to committee stage and return to parliament in September
7 June 2022
European businesses have the technology to support China’s push for net zero, but policy uncertainty and red tape are hindering investment, says the EU Chamber of Commerce in China
18 May 2022
European Commission seeks faster deployment of renewables as part of new €210bn plan to cut dependence on Russian energy imports
18 May 2022
Rules governing how emissions will be cut in line with Paris Agreement goals have passed a key legislative hurdle
17 May 2022
Rules governing EU Innovation Fund disadvantage renewables sector and must change, industry groups tell European Commission
4 April 2022
Hybrit hydrogen-based steel and K6 carbon-neutral cement projects among recipients of EU Innovation Fund’s first large-scale awards
30 March 2022
UK will rigorously contest EU’s claim that scheme’s local content criteria are discriminatory
24 March 2022
Carbon border adjustments could encourage scheme’s influence in other regions, according to panel
17 March 2022
European Parliament members say inclusion of gas in green finance taxonomy undermines response to invasion of Ukraine
9 March 2022
Switch to renewables and hydrogen aims to displace demand for Russian gas well before 2030
8 March 2022
Combination of factors has led to EU allowances losing a third of their value, but bullish factors remain on the horizon
24 January 2022
Government says proposed timetable for switch to clean fuels in power generation is unrealistic and could hit hydrogen deployment in industry
