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Europe

EU backs global hydrogen market with euro as key currency

Today 12:00pm - Europe wants to install the euro as the reference currency for trading hydrogen, but a global market with harmonised standards needs to be put in place first in order to meet demand, says the EU’s energy commissioner.

Steelmakers call for ‘Green Deal’ to counter Chinese dumping

Wednesday - New Zealand is not alone in considering a carbon border-tax on steel; steelmakers in Europe say they need a "Green Deal" to protect them from high-emissions imports from China.

Green guide to investment

Monday - The European Commission has launched “the world’s first ever ‘green-list’” of sustainable economic activities for private investors by publishing draft guidelines under the EU’s green finance taxonomy.

Nuclear-produced hydrogen is green, says EU

20 Nov 20 - The European Commission will consider hydrogen produced from nuclear power as “low-carbon”, says a senior EU official who spoke in the European Parliament this week.

Gas denied ‘transition’ fuel status in draft EU green finance rules

17 Nov 20 - Power plants fuelled by natural gas will not be classed as “sustainable” or “transition” investments in Europe unless they meet emission limits which are so low that none are currently able to comply, draft rules show.

Russia resists tougher climate targets in dash for Arctic gas

17 Nov 20 - Russia has no plans to achieve carbon neutrality before the end of the century and is betting on Asian demand to support a huge expansion of its Arctic gas industry.

EU urged to strengthen ETS

16 Nov 20 - A strengthened emissions trading scheme will be vital to drive further carbon dioxide reductions in the European Union as the bloc discusses an increase of its 2030 climate target, policymakers say.


EIB seeks to become climate bank’

16 Nov 20 - European governments have approved a roadmap to turn the European Investment Bank into a “climate bank” with a €1 trillion green investment package to be spent by 2030.

The illicit trade in F-gases

11 Nov 20 - Attempts to crack down on climate-damaging fluorinated gases has instead sparked a flourishing black market in Europe.

Europe ready to restart transatlantic climate talks

10 Nov 20 - The European Commission and senior EU lawmakers say they are ready to intensify dialogue with the US on climate change, listing car CO2 limits and green finance among areas where “real transatlantic...

EU set to deny gas power plants a green investment label

4 Nov 20 - Power plants fuelled by natural gas will not be classed as a sustainable investment in Europe, unless they meet an emissions limit that none currently comply with.

EU tries to stop fossil-fuel companies suing over climate action

29 Oct 20 - The European Union is trying to remove fossil fuels from the list of investments protected by the Energy Charter Treaty to stop its member states being sued over climate action.

EU will not block new nuclear power plants

27 Oct 20 - The European Commission will not stand in the way of countries that choose to build new nuclear power stations, said EU climate chief Frans Timmermans.

EU close to reforming farm subsidies scheme

22 Oct 20 - European Union farm ministers have clinched an early-morning deal on the post-2020 Common Agricultural Policy, touted as ‘a paradigm shift in European food policy'.

EU to go for tough new rules for car batteries

22 Oct 20 - The European Commission will table new EU-wide regulations this autumn to ensure that batteries manufactured or imported into Europe are “the greenest on this planet".

EU leaders to set tougher climate goals in December

19 Oct 20 - European Union leaders say they will decide on a more stringent climate target for 2030 at a summit in December, leaving more time to forge a united European response to climate change.

Electric trucks and green hydrogen 'ripe' for investment

15 Oct 20 - Green hydrogen, low-carbon aviation fuel and electric trucks are among 55 clean technologies that can help the European Union to reach its goal of climate neutrality by mid-century, new research...

New Swedish grocery prices goods on carbon footprint

9 Oct 20 - Felix, a Swedish food brand, has opened a climate-conscious store in which items are priced based on their carbon footprints.

Europe sets more ambitious target for 2030

8 Oct 20 - The European Parliament has voted to update the European Union's climate target for 2030, backing a 60 per cent reduction in greenhouse gas emissions by the end of the decade, up from 40 per cent...


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