Latest news
UK to impose 25% 'windfall tax' on North Sea oil and gas, double investment relief
The UK is to impose a 25% 'windfall' levy on earnings from North Sea oil and gas production while doubling relief on investments in the sector in an "emergency" temporary measure to support the population in the face of surging energy and living costs, finance minister Rishi Sunak said May 26.
read more... 27/05/2022
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Finland needs to build more power capacity
Finland needs to build more power generation and continue nuclear investment following the loss of Russian energy imports, said the head of the Finnish Energy Industries Association.
read more... 26/05/2022
EU lawmakers move to block green investment label for gas and nuclear
European Union lawmakers will attempt to block a plan to label gas and nuclear energy as sustainable investments as Europe wrestles with reducing its carbon dioxide emissions to address climate change.
read more... 23/05/2022
EU tables €300bn plan to ditch Russian fossil fuels, speed up green transition
The European Commission submitted on Wednesday (18 May) a €300 billion plan to eliminate Russian energy imports by 2027, although it admitted this would require short-term investments in new fossil fuel infrastructure to replace imports of Russian oil and gas.
read more... 20/05/2022
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Germany to reject EU green investment label for nuclear power
Germany will oppose European Union plans to include nuclear energy as a sustainable investment in its "taxonomy" policy for labelling green investments, the government said on Monday.
read more... 17/05/2022