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EU proposes 90% 2050 climate target
European Commission introduces new flexibilities for member states to ease compliance with headline goal
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
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
Carbon shipping vital for EU CCS value chain
Maritime technology will help industry scale and enable the development of CCS projects in Southern Europe
Parliamentary elections could hinder EU climate ambition
Centrist bloc remains in power, but the EPP and EU Council have signalled a move away from climate issues
Letter on carbon: Free movement
Europe must unlock cross-border CO₂ trade if it wants to build a viable CCS sector for the long term
EU agrees on new carbon removals laws
Operators will be liable for leaks back into the atmosphere under rules designed to give clarity to industry
EU carbon taxes driving away investment – INEOS CEO
Carbon costs imposed by EU on chemicals sector are unsustainable, INEOS CEO and founder Jim Ratcliffe warns commission president
DAC takes centre stage in EU carbon strategy
Carbon removal technology instrumental in meeting 2040 and 2050 emissions targets, European Commission says
EU ETS prices will rise with 90% 2040 GHG target
Incoming EU climate commissioner Wopke Hoekstra has defended the target, which has bullish implications for EU ETS prices
The EU will include nuclear and natural gas in its definition of “environmentally sustainable economic activities”
EU Gas Nuclear
Tom Young
6 July 2022
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MEPs vote nuclear and gas as sustainable

European Parliament fails to reject Commission proposal to define some nuclear and natural gas power as sustainable

The European Parliament has voted to include nuclear and natural gas in the EU definition of “environmentally sustainable economic activities” under certain conditions. Parliament did not object to the European Commission’s Taxonomy Delegated Act to include specific nuclear and natural gas energy activities in its taxonomy of what can be defined as sustainable for investment purposes. The Commission believes there is a role for private investment in natural gas and nuclear in the green transition, and has proposed the classification of certain fossil gas and nuclear energy activities as contributing to climate change mitigation—depending on specific conditions and transparency requirements.

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EU proposes 90% 2050 climate target
3 July 2025
European Commission introduces new flexibilities for member states to ease compliance with headline goal
Greater Mekong taps carbon market growth
1 July 2025
Supportive government policy, deforestation threat and economic opportunity drive forward the region’s monetisation of forest carbon
Namibia eyes diversifying energy mix as oil stalls
27 June 2025
TotalEnergies’ delayed FID for its Venus project will likely set back first oil, but Windhoek has other irons in the fire
A disorderly transition
26 June 2025
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

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