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G7 backs liquified gas as ‘temporary’ solution, to dismay of climate activists
The Group of Seven rich nations put support for gas investments back into their communiqué on Saturday (20 May), calling it a “temporary” step as they try to de-couple from Russian energy, in a move climate activists say may hurt climate goals.
read more... 22/05/2023
France budgets 500 mln euros annually for green industry tax credit
The French government plans to budget half a billion euros annually for a new tax credit for environmentally-friendly investments as part of a bill presented on Tuesday to green the industrial sector, Finance Minister Bruno Le Maire said.
read more... 17/05/2023
Northvolt to build multi-billion-euro battery plant in Germany
Sweden's Northvolt said it will invest several billion euros to build an electric-vehicle battery cell plant in Germany, after speculation that the company could divert planned investment to the United States.
read more... 15/05/2023
France to offer new tax credit for investments in green technologies
The French government will offer a new tax credit for environmentally-friendly investments and make cash incentives for buying new electric cars conditional on them being made in Europe, President Emmanuel Macron said on Thursday.
read more... 12/05/2023
BP sees investment decision on Teesside carbon capture projects in 2024
BP expects to make a final investment decision in 2024 on a cluster of carbon capture projects in northern England, including a gas-fired power plant in Teesside, it said on Tuesday.
read more... 10/05/2023