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EU Parliament approves deal on world’s first carbon removal certification scheme

The new rules establish a registry for certified units of carbon dioxide, which have been removed from the atmosphere via industrial or nature-based processes.

read more... 12/04/2024

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Europe’s industry and power sector emissions plunge 15% in 2023

The EU’s emissions trading scheme sectors, industry and power, saw emissions drop by 15% in 2023, putting them on track for their 2030 targets, but experts question whether this was because of – or despite – Europe’s carbon trading framework.

read more... 05/04/2024

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EU approves €900 million French biomass scheme

The European Commission has approved a €900 million French scheme to support companies investing in the use of biomass and renewable hydrogen in energy and fuel production, to foster the transition towards a net-zero economy in line with the Green Deal Industrial Plan.

read more... 05/04/2024

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UK offers cash bonuses for green wind investments

The UK Government plans to encourage offshore wind companies to cut their carbon footprint by providing extra payments in Allocation Round 7 of the Contracts for Difference scheme, scheduled to launch in 2025

read more... 15/03/2024

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EU OKs 3 bln euro Romanian renewable energy aid scheme

The European Commission said it has approved a 3 billion euro ($3.27 billion) Romanian state aid scheme to support onshore wind and solar photovoltaic installations.

read more... 08/03/2024

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