The European Investment Bank (EIB) has pledged to invest €20 million in the BaltCap Infrastructure Fund of €100 million.
read more... 04/07/2017
European Union countries and the European Parliament have different opinions on how to restructure the EU carbon market and if it should specify aviation and shipping, according to EU sources on Wednesday.
read more... 30/06/2017
Oil rose above the $47 a barrel on Wednesday due to the biggest decline in weekly U.S. output since July 2016. There was additional support from lower U.S. gasoline inventories.
read more... 29/06/2017
The EU promised to take the lead on climate after US President Donald Trump withdrew the country from the Paris Agreement. EU ministers took the first step on Monday, reaching mutual understanding towards implementing the Paris Agreement on lowering carbon emissions and limiting the effects of the global warming.
read more... 28/06/2017
Wind farm operators are seeking for a new generation of colossal wind turbines, taller than many skyscrapers, as they want to remain profitable after EU cancels subsidies, that have ruled the green industry since the 1990s. The main countries of the EU offshore wind industry - Denmark, Germany, the Netherlands, and UK - are looking to gradually reduce contributions over the next decade. Subsidies still account for almost 50% of EU wind projects' income.
read more... 28/06/2017