Energy transition
Worries over ‘fresh money’ as EU cooks up energy transition fund
Eastern EU countries, backed by trade unions, are putting pressure on EU leaders to come up with “fresh money” to support the energy transition in coal-dependent regions as part of a Green Deal due to be unveiled this week.
US economist Rifkin: ‘Budgetary rules should not apply to green investments’
While visiting Paris, American economist Jeremy Rifkin talked to EURACTIV France about his hopes for the new European Commission's Green Deal, while calling for a climate narrative that inspires real change across society.
French insurer AXA vows to stop insuring fossil fuel-dependant companies
The French insurance company AXA has announced its own plan to help phase out coal production in Europe by 2030, under which it would no longer be insuring companies that are too dependent on fossil fuels. According to NGOs, this plan has "no blind spots". EURACTIV France reports.
Implementing clean air rules the eternal problem, as EU countries told to raise game
Industry, agriculture and transport were asked to decrease air pollution at a high-level EU forum in Slovakia on clean air but the responsible ministers and new Commissioners were absent from the Bratislava event.
Paris, Berlin divided over nuclear’s recognition as green energy
Disagreement on the inclusion of nuclear power in the EU’s upcoming green finance taxonomy has revived long-standing divisions between France and Germany over the energy transition. EURACTIV France reports.
EU climate investment falls behind China and the US
The European Union continues to lag behind in terms of ‘green’ investment compared with China and the US, the EIB warned on Tuesday (26 November). The lender said that financing should increase by one-third to achieve a net-zero emissions economy by 2050.
Von Der Leyen urged to prioritise single market to counter slowdown
The European economy is undergoing a rapid transition, with digital technology and climate change needs set to transform normal commerce. Is the EU’s single market flexible enough to handle the change?
European coal power output sees ‘unprecedented’ decline
Electricity production from coal is on track to fall by around 3% globally in 2019 – the largest drop on record – with Western European countries leading the charge, according to fresh data published on Monday (25 November).
Altmaier’s planned ‘turbine-free zones’ could halve Germany’s wind energy potential
Proposals to introduce a minimum distance of 1,000 metres between wind turbines and buildings have attracted fierce criticism from the German environment ministry, which said the draft new rules would derail the country's plan to boost renewable energy by 2030. EURACTIV Germany reports.
Fossil fuel production on track for double the safe climate limit
The world’s nations are on track to produce more than twice as much coal, oil and gas as can be burned by 2030 while restricting rise in the global temperature to 1.5C, analysis shows. EURACTIV's media partner, The Guardian, reports.
Offshore wind carry EU to meeting Paris goals, says IEA
Under a scenario in which the EU meets its Paris Agreement climate targets, gas will be a transition fuel and offshore wind will dominate by 2050, according to a World Energy Outlook forecast from the International Energy Agency.
A cost-effective transition: Unlocking the benefits of sector coupling
‘Sector coupling’, the integration of energy end-use and supply sectors, could potentially reduce the costs of decarbonisation and improve energy efficiency, in line with the EU's transformation towards a low-carbon economy as detailed in the 2050 long-term strategy.
German ministers urge EU to lead the way at COP25 in Madrid
At a Berlin conference to prepare for the UN's annual climate summit (COP25), Environment Minister Svenja Schulze and Foreign Minister Heiko Maas stressed the EU's responsibility in closing the Paris Climate Agreement's remaining gaps, particularly by raising the targets at EU level. EURACTIV Germany reports.
EU bank brokers late-night deal to phase out fossil fuels
The European Investment Bank (EIB) decided on Thursday (14 November) to end financial support for fossil fuels from 2021, after marathon talks ended in a compromise that has been hailed as “a significant victory” for green policies.
EU bank tees up fossil fuel compromise ahead of crucial vote
The European Investment Bank will decide on Thursday (14 November) whether or not to purge its loan books of fossil fuel projects. All signs point to the EU lender striking a compromise with Germany and Italy which want more leeway for new gas projects.
Transport committee chair: Kerosene is a European ‘tax haven’
The European Parliament's transport committee head, Karima Delli (Greens), spoke about the need to completely overhaul the transport industry to combat climate change, the next transport Commissioner and France's pick for EU internal market chief, in an interview with EURACTIV Slovakia.
Oil and gas majors must cut production by a third to meet climate targets: report
The world's largest oil and gas companies must cut combined production by 35% by 2040 if nations are the meet the collective ambitions of the Paris Agreement and limit global warming to below 2C, a new report from Carbon Tracker has found. EURACTIV's media partner edie.net reports.
EU’s new list of energy projects includes 32 gas facilities
The EU says it wants to get out of fossil fuels and become climate neutral as soon as possible. But the European Commission's latest list of energy projects eligible for EU funding nevertheless includes 32 gas projects, including the construction of new LNG terminals, EURACTIV Germany reports.OpinionPromoted content
Fraudulent Used Cooking Oil biodiesel – bad for the climate and a blow to EU farm, oilseed and plant protein sectors
While the storm brews over fraud in Europe’s used cooking oil biodiesel it is a good idea to reflect on who is actually being defrauded.
EU coal power plants incurred €6.6 billion losses in 2019, study reveals
Increasing environmental regulations and fierce competition from renewable energies are increasingly making coal-fired power operate at a loss. According to a British think tank, coal-fired power plants are losing billions of euros every year, but energy companies say this is nonsense. EURACTIV Germany reports.
‘Green’ jobs see slight rise in Germany
In 2017, 263,883 people were employed in the environmental sector in Germany, which was about 12,600 more than in the previous year. Although this means that the amount of so-called "green jobs" saw a slight rise in Germany, the stagnating wind industry continues to hamper growth. EURACTIV Germany reports.OpinionPromoted content
Europe’s just energy transition
The transformation of the Polish energy sector is one of the biggest challenges that Poland’s economy is facing right now. This is why the members of the Polish Electricity Association (PKEE) are, already today, commencing proactively several initiatives aimed at...
The EU needs to fully unlock the potential of natural gas to deliver its Green Deal
Nord Stream 2 will contribute to achieving the EU's ambitious, climate-friendly energy transition while safeguarding competitiveness, affordability and prosperity for European households and businesses.
Timmermans gets broad support at Parliament hearing: the main points
Frans Timmermans passed his European Parliament hearing with flying colours on Tuesday evening (9 October) and was confirmed the following day as Ursula von der Leyen’s climate paladin from 1 November. Here are the main talking points.