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Key EU lawmaker wants rules to prevent countries dodging emissions cuts
The European Union needs tougher rules and financial penalties to ensure each country cuts greenhouse gas emissions to deliver the bloc's climate targets, according to the European Parliament's lead lawmaker on the policy.
read more... 18/01/2022
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France fires up coal power in policy reversal over feared nuclear shortfall
France is to allow its last two operational coal-fired power plants to produce excessive emissions this winter to stave off the threat of electricity shortages resulting from the closure of some nuclear plants.
read more... 12/01/2022
Daily (04.01.2022): Oil prices edged higher on Monday ahead of OPEC meeting
Crude oil futures gained ground on the first trading day of the new year ahead of an OPEC+ meeting on Tuesday to discuss production policy. Hence, Brent crude increased by 1.5% to settle at $78.98 a barrel. U.S. WTI crude settled up 1.2% at $76.08 a barrel. Both contracts were spurred by hopes of further demand recovery in 2022.
read more... 04/01/2022
Commission to table green investment rules for gas and nuclear early next year
The European Commission plans to finish next year its long-awaited proposal on whether to label gas and nuclear energy as climate-friendly investments under EU green finance rules, its environment policy chief said on Monday (20 December).
read more... 22/12/2021
EU energy talks dissolve over carbon, green finance fights
Talks between European Union country leaders on energy policy ended with no agreement on Thursday (16 December), as states squabbled over how to respond to record-high carbon prices and upcoming green investment rules.
read more... 20/12/2021