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Germany aims for net zero emissions by 2045, 5 years earlier
German officials proposed Wednesday that the country could bring forward the date for reducing its greenhouse gas emissions to "net zero" to 2045, after Germany's top court ruled that existing plans place too much of the burden for curbing climate change on young people.
read more... 06/05/2021
Italy to produce 70-72 per cent of power from renewables in 2030 to reach EU targets
Up to 72 per cent of Italy's electricity will have to be produced with renewable sources in 2030 in order for the country to reach the European emissions-reduction target of 55 per cent by that year, Italy's Ecology Transition Minister said on Wednesday.
read more... 04/05/2021
‘More stable’ EU ETS prices under lower MSR rate
Lowering the intake rate of the EU emissions trading system's (ETS) market stability reserve (MSR) as planned in the coming years will lead to less volatility in the carbon market than if the current rate is retained under higher emission cut scenarios, according to a report published this week.
read more... 04/05/2021
UK’S CARBON BUDGET WINS GREEN NGO’S APPROVAL
Transport & Environment (T&E) says the decision by the UK government to include the country’s share of international aviation and shipping emissions in its Carbon Budget is ‘a very positive step’ towards reducing carbon pollution from maritime and aviation transport.
read more... 22/04/2021
BP "lobbying to weaken" EU green investment
Oil giant BP is pushing the European Union to weaken what qualifies as a sustainable energy source, which could make it "more challenging" for the bloc to meet its net-zero emissions goal, an industry watchdog told AFP.
read more... 21/04/2021