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Spain appears to break EU’s Russian coal import embargo

There is convincing evidence that a cargo of Russia-origin coal may have been exported to Spain, thereby undermining an ongoing embargo on Russian coal imports imposed last summer, according to a Montel investigation.

read more... 28/04/2023

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G7 coalition to keep Russian oil price cap at $60 per barrel

The Group of Seven (G7) coalition will keep a $60 per barrel price cap on seaborne Russian oil, a coalition official said, despite rising global crude prices and calls by some countries for a lower price cap to restrict Moscow's revenues.

read more... 18/04/2023

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G7 to step up moves to renewables, zero carbon

Energy and environment ministers of the Group of Seven (G7) wealthy nations vowed yesterday to work to hasten the shift toward cleaner, renewable energy, but set no timetable for phasing out coal-fired power plants as they wrapped up two days of talks in the northern Japanese city of Sapporo.

read more... 17/04/2023

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Bulgaria risks €10 billion over coal addiction

Bulgaria risks losing €10 billion as politicians continue to be reluctant to carry out reforms for the Green Transition, a move that would ensure Bulgaria continues to produce polluting and expensive electricity from coal and stays uncompetitive.

read more... 07/04/2023

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Germany to require a 26.5% cut to energy consumption by 2030

Germany's ruling coalition plans to require the private and public sectors to cut energy consumption by 26.5% by 2030 compared to 2008, a draft law seen by Reuters showed on Monday.

read more... 04/04/2023

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