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EU’s binding CCS targets: A burden or a blessing?
Oil and gas companies will face penalties if they fail to reach the EU’s binding CO₂ injection targets for 2030, but they could also risk building underused and unprofitable CCS infrastructure
EU proposes 90% 2050 climate target
European Commission introduces new flexibilities for member states to ease compliance with headline goal
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TotalEnergies’ delayed FID for its Venus project will likely set back first oil, but Windhoek has other irons in the fire
A disorderly transition
Last year was one of records for renewables but also for oil, gas and coal, as the energy transition progresses in an increasingly uneven way, according to the Energy Institute’s latest annual report
Carbon border tax exemptions to become law
EU Parliament and Council both agree to exempt bulk of importers from paying a carbon tax on goods imported into the EU
US renewables receive unfair advantage
State administrations are using a flawed metric to justify green energy projects
Sustainability’s true meaning
Ignoring questions of sustainability will not make the problems they focus on go away
EU ETS prices rally on cold weather and high gas prices
Rising prices have added to concerns over CBAM impact on the competitiveness of EU manufacturing
Outlook 2025: Digital in the grand alliance – driving energy technology beyond the transition
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Carbon shipping vital for EU CCS value chain
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European Commission president Ursula von der Leyen
EU Renewables Solar Wind Energy transition
Stuart Penson
18 May 2022
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EU pushes for 45pc renewables by 2030

European Commission seeks faster deployment of renewables as part of new €210bn plan to cut dependence on Russian energy imports

The European Commission is proposing to ramp up its 2030 target for renewables in the EU’s energy mix to 45pc from 40pc as part of its RepowerEU plan to end the bloc’s dependence on Russian fossil fuels in response to the war in Ukraine. The revised target would lift the EU’s renewable energy generation capacity to 1.24TW by 2030, up from 1.07TW envisaged under the existing ‘Fit for 55’ climate package, according to new proposals that flesh out the RepowerEU plan set out in March. “A massive scaling-up and speeding-up of renewable energy in power generation, industry, buildings and transport will accelerate our independence, give a boost to the green transition and reduce prices over time,”

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22 July 2025
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Nigeria bids to unlock carbon market billions
22 July 2025
Africa’s most populous nation puts cap-and-trade and voluntary markets at the centre of its emerging strategy to achieve net zero by 2060
EU’s binding CCS targets: A burden or a blessing?
17 July 2025
Oil and gas companies will face penalties if they fail to reach the EU’s binding CO₂ injection targets for 2030, but they could also risk building underused and unprofitable CCS infrastructure
Brazil eyes leadership role in global carbon market
9 July 2025
Latin American country plans a cap-and-trade system and supports the scale-up of CCS as it prepares to host COP30

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