Latest news
German cabinet approves bill to phase out oil and gas heating systems
The German cabinet on Wednesday approved a bill that bans most new oil and gas heating systems from 2024, the economy minister said, a policy designed to cut greenhouse gas emissions but that critics warned could be costly for poorer households.
read more... 20/04/2023
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Norway parliament to discuss proposals to stop electrification of major LNG plant
Norway's parliament will on Thursday debate proposals to delay, or stop, a plan to electrify Western Europe's largest liquefied natural gas (LNG) plant, in the latest example of controversy over cutting CO2 emissions in the Nordic country.
read more... 14/04/2023
EU plans early carbon market auctions from July
The European Union plans to conduct early carbon market auctions, starting from July, to raise extra funds to help countries quit Russian gas and cut emissions, the European Commission said on Monday evening.
read more... 28/03/2023
Record $63 billion raised from carbon allowance sales in 2023
Governments globally raised a record $63 billion from the sale of carbon allowances in emission trading systems in 2022, as many countries increased ambitions to cut pollution despite record high energy prices following Russia’s invasion of Ukraine, a report said on Wednesday.
read more... 22/03/2023
Mercedes set to invest billions in e-vehicles plants
Mercedes will invest billions of dollars to modernise its plants in China, Germany and Hungary over the coming years, magazine Automobilwoche reported, as the carmaker prepares to switch to electric vehicles and cut emissions.
read more... 20/03/2023