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EU takes another step toward the exit out of ‘fossil dinosaur treaty’ to safeguard green aspirations

With climate change breathing down the world’s neck, the European Union (EU) is among those that have set the wheels in motion to pull out of the Energy Charter Treaty (ECT), as there is no end in sight for the protracted stalemate over revamping the multilateral treaty to make room for the pivot to low-carbon and clean energy by weaving renewables, hydrogen, and carbon capture, utilization, and storage (CCUS) into the treaty’s framework.

read more... 26/04/2024

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EU takes another step toward the exit out of ‘fossil dinosaur treaty’ to safeguard green aspirations

With climate change breathing down the world’s neck, the European Union (EU) is among those that have set the wheels in motion to pull out of the Energy Charter Treaty (ECT), as there is no end in sight for the protracted stalemate over revamping the multilateral treaty to make room for the pivot to low-carbon and clean energy by weaving renewables, hydrogen, and carbon capture, utilization, and storage (CCUS) into the treaty’s framework.

read more... 26/04/2024

news

EU takes another step toward the exit out of ‘fossil dinosaur treaty’ to safeguard green aspirations

With climate change breathing down the world’s neck, the European Union (EU) is among those that have set the wheels in motion to pull out of the Energy Charter Treaty (ECT), as there is no end in sight for the protracted stalemate over revamping the multilateral treaty to make room for the pivot to low-carbon and clean energy by weaving renewables, hydrogen, and carbon capture, utilization, and storage (CCUS) into the treaty’s framework.

read more... 26/04/2024

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EU’s 2050 net zero goals at risk as EV rollout faces setbacks

The EU needs to rethink its policies to make a 2035 ban on new petrol car sales feasible as electric vehicles (EVs) remain unaffordable and alternative fuel options are not credible, the EU’s external auditor said, jeopardising its 2050 climate goals.

read more... 23/04/2024

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Austria unveils path to climate neutrality by 2040

Austria’s climate action and energy minister laid out plans on Monday for shifting the country’s energy system from gas to hydrogen as it seeks climate neutrality by 2040.

read more... 09/04/2024

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