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EU to squeeze carbon market cap in 2024 as new climate policies kick in

The European Union will shrink the supply added to its carbon market next year, as it presses ahead with reforms to strengthen Europe's main policy for curbing greenhouse gas emissions, the European Commission said on Friday.

read more... 31/07/2023

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Portugal announces withdrawal from Energy Charter Treaty

Portugal’s Environment Minister Duarte Cordeiro annouced this week that the country has started withdrawing from the Energy Charter Treaty, in line with a proposal tabled by the European Commission two weeks ago.

read more... 21/07/2023

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EU strikes gas, hydrogen deal with Argentina

The European Commission has signed a non-binding agreement with Argentina to facilitate a stable supply of liquefied fossil gas (LNG) to Europe in exchange for cooperation on green energy and Buenos Aires reigning in gas leakage.

read more... 19/07/2023

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EU matches 12bcm in second round of joint gas buying

The EU’s new joint gas buying platform matched 11.98bcm of sales offers and demand for delivery from August 2023-March 2025 in its second tendering round, European Commission vice president Maros Sefcovic said on Thursday.

read more... 14/07/2023

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Pro-nuclear group calls for equal EC treatment in funding

A group of 12 pro-nuclear EU countries led by France has called on the European Commission to support the equal usage of nuclear energy in the green transition, the French energy ministry said on Wednesday.

read more... 13/07/2023

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