Latest news
EU seals carbon market reform to speed cuts in greenhouse gases
The world’s first major carbon trading system has since 2005 forced power plants and factories to buy permits when they emit CO2, and has cut emissions from those sectors by 43%.
read more... 27/04/2023
EU Parliament backs overhaul of Europe's biggest climate policy
The European Parliament on Tuesday approved sweeping reforms to make EU climate change policies more ambitious, including an upgrade of the bloc's carbon market that is set to hike the cost of polluting in Europe.
read more... 19/04/2023
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Bulgaria risks €10 billion over coal addiction
Bulgaria risks losing €10 billion as politicians continue to be reluctant to carry out reforms for the Green Transition, a move that would ensure Bulgaria continues to produce polluting and expensive electricity from coal and stays uncompetitive.
read more... 07/04/2023
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EU leaders want power market reforms agreed by year end
EU leaders want to see power market design reforms intended to mitigate volatile prices agreed this year, they said after discussing the bloc’s energy situation at a summit in Brussels late on Thursday.
read more... 24/03/2023
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In U-turn, Germany backs swift adoption of EU power market reform
Ahead of an EU summit in Brussels, the German government signalled readiness to swiftly adopt the EU’s proposed electricity market reform, abandoning previous calls to delay decisions until after the 2024 European elections.
read more... 23/03/2023