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EU carbon market blurred by volatile prices and speculation, Greens warn

The EU needs to tackle design flaws and speculation on its carbon market to ensure the price of emissions remains high and becomes a more effective tool to drive decarbonisation, according to a report by the Greens in the European Parliament.

read more... 04/02/2022

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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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Norway parliament agrees increased electricity subsidy scheme

Norway's government said on Friday it had secured a majority in parliament for a revised plan to subsidise household electricity bills amid a spike in power prices.

read more... 20/12/2021

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Bulgaria's parliament freezes power prices for households

Bulgaria's lawmakers voted on Wednesday to shield households from surging energy costs by freezing their electricity and heating prices at current levels in the European Union's poorest state, a move slammed by power distribution companies.

read more... 16/12/2021

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Spain to seek $1.5B loan from EU recovery fund for EV plan

Spain will ask for a first loan worth 1.3 billion euros ($1.5 billion) from the European Union's Recovery and Resilience Facility to finance a plan to build electric cars, according to the draft 2022 budget submitted to the country's parliament.

read more... 15/10/2021

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