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Global energy-related CO2 emissions hit record high in 2023

Global energy-related emissions of carbon dioxide (CO2) hit a record high last year, driven partly by increased fossil fuel use in countries where droughts hampered hydropower production, International Energy Agency (IEA) said on Friday.

read more... 01/03/2024

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EU carbon border tax will do little to cut emissions

A European Union plan to impose tariffs on high-carbon imports could hurt developing countries in Asia but is unlikely to lead to big reductions in greenhouse gas emissions, the Asian Development Bank (ADB) said in a report published on Monday.

read more... 26/02/2024

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EU to step up efforts for more carbon markets worldwide

The European Union will increase diplomatic efforts to help countries outside the bloc to launch carbon markets in the hope of fostering international trade of CO2 emissions, the bloc's climate policy chief said on Tuesday.

read more... 14/02/2024

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EU recommends ambitious 2040 climate target, goes light on farming

The European Commission recommended on Tuesday that the EU slash net greenhouse gas emissions by 90% by 2040, an ambitious target that will test political appetite for the region's fight against climate change ahead of EU elections.

read more... 07/02/2024

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Wind power outpaced gas plants in Europe for the first time in 2023

Wind power production outpaced gas plants in Europe for the first time last year as fossil fuel electricity generation plummeted, cutting the region's carbon emissions, data from think-tank Ember showed.

read more... 07/02/2024

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