Tag: carbon emissions
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EU proposes slowing down cuts to carbon emissions for businesses
Under the proposals, the EU plans to relax its emissions trading system to give companies more time to reduce their carbon output.
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Twelve EU countries seek extra funds to cope with energy transition
The member states are historically more dependent on fossil fuels than other EU countries, and have benefited since 2021 from special funding to cope with the accelerating shift to renewable energy sources. #EuropeNews
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Portugal urges Brussels to rethink free carbon allowances cut
Portugal has urged Brussels to pause cuts to free carbon allowances, warning they could damage competitiveness and slow industrial decarbonisation. #EuropeNews
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EU steps in to shield households from fuel and heating price spikes
The upcoming carbon costs due to kick in in 2028 will hit road transport and buildings, likely pushing energy prices higher. #EuropeNews
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‘Europe should evolve its carbon market, not dilute it,’ investors say
A group of investors managing €11.4 trillion in funds are advocating for complementary industrial policies such as grids, electrification and clean tech financing, reflecting a broader shift in European climate policy from setting targets toward managing industrial transformation. #EuropeNews
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Nine EU countries rebel against EU’s green targets for corporate cars
While stopping short of opposing fleet decarbonisation itself, the member states argue that Brussels should resist the tendency to regulate and instead construct more incentives for large companies to invest in zero or low-emission cars and vans. #EuropeNews
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European aviation sector warns EU climate targets could cause backlash
With a key revision of the European Union’s Emissions Trading System due on 15 July, an open letter pleads with legislators to consider how carbon emissions should be calculated and managed internationally. #EuropeNews
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