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EU tries to pass renewable energy deal, sources say ammonia exception eyed

EU countries hope to pass a deal on new renewable energy targets on Wednesday and are considering options including an exemption for certain ammonia plants, in an attempt to win over countries sceptical of the final law, diplomatic sources said.

read more... 14/06/2023

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EU lawmakers consider profit cap in case energy prices resurge

Lawmakers in the European Parliament will consider a proposal to cap power plants' windfall revenues if Europe faces another energy price crisis and use the cash to cushion citizens from soaring bills.

read more... 16/05/2023

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Westinghouse unveils small modular nuclear reactor

U.S. company Westinghouse unveiled plans on Thursday for a small modular reactor to generate virtually emissions-free electricity that could replace coal plants or power water desalinization and other industries.

read more... 05/05/2023

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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

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G7 to step up moves to renewables, zero carbon

Energy and environment ministers of the Group of Seven (G7) wealthy nations vowed yesterday to work to hasten the shift toward cleaner, renewable energy, but set no timetable for phasing out coal-fired power plants as they wrapped up two days of talks in the northern Japanese city of Sapporo.

read more... 17/04/2023

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