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EU ministers sign off binding 2030 carbon sink target

EU energy ministers gave final approval on Tuesday for a binding target to create carbon sinks in the agricultural and forestry sectors, enabling net removals of 310m tonnes of CO2 equivalent by 2030.

read more... 29/03/2023

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Draft ETS reforms gain key approval from EU ambassadors

Draft carbon market reforms with more ambitious emission cuts have gained a formal approval from EU ambassadors in a key step towards making them binding, the Swedish EU presidency said on Wednesday.

read more... 09/02/2023

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Iberdrola secures environmental permit for 1.2GW solar farm in Portugal

Spanish electric utility Iberdrola has secured environmental approvals for the 1.2GW Fernando Pessoa solar project in Portugal.

read more... 02/02/2023

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Libya's oil ministry rejects key NOC-Eni gas deal

Libya's oil ministry has rejected the $8bn offshore gas projects deal signed between the country's state-owned NOC and Italy's Eni on 28 January, saying the agreement violates the law and was done without its approval.

read more... 31/01/2023

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France’s €13.5bn scheme to compensate energy-intensive firms granted EU approval

A French scheme, with a total estimated budget of €13.5 billion (£11.6bn), to partially compensate energy-intensive companies has approved by the European Commission.

read more... 05/12/2022

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