Energy
EU climate official: Innovation fund will help decarbonise metals production
The production of non-ferrous metals such as aluminium is very energy-intensive, but new technologies are being developed to decarbonise the process and the European Commission is ready to finance them, says Mauro Petriccione.
Europe’s Green Deal is under threat from Energy Charter Treaty
The EU and its member states should collectively withdraw from the Energy Charter Treaty, which protects fossil fuel investments, and go to the UN Climate Summit in New York with a call to develop a ‘Treaty for the Non-Proliferation of Fossil Fuels’, argues Yamina Saheb.
Total, Eni stake new claim in Cyprus gas and oil search
Energy giants Total and Eni have joined forces to explore and exploit another oil and gas block up for grabs offshore from Cyprus, Cypriot authorities said Wednesday (18 September).
Global decarbonisation efforts ‘stall’, pushing climate goals out of reach
Global decarbonisation efforts will need to be seven times greater if the world is to stand a fair chance of limiting global warming to 1.5C, according to a new PwC report which found decarbonisation has slowed to its lowest level since 2011. EURACTIV's media partner edie.net reports.
The EU should foster true circular business models
Aluminium is by nature a circular and thus permanent material. All solutions that keep aluminium in the loop are worthwhile to consider because the metal we preserve today will likely remain in service forever.
Aluminium in a low-carbon world
Just as the European aluminium industry undertakes costly efforts to decarbonise, the sector is finding itself caught up in a trade war involving Chinese dumping and US tariffs that threaten to destabilise European production.
Aluminium sector illustrates close link between trade and climate policy
New production methods and uses are making aluminium a material of choice for European policymakers looking to decarbonise the economy. But a flood of cheap carbon-intensive aluminium from China could complicate these efforts.
‘We need this dinosaur’: EU lifts veil on gas decarbonisation strategy
As the new European Commission of Ursula von der Leyen prepares to take office, one of its key priorities will be to deliver on a new market design for gas that will have EU decarbonisation objectives at its core. And natural gas of fossil origin will play a significant part, officials say.
Saudi attack will jolt oil markets out of ‘complacency’ over Gulf tensions – analysts
The price of oil has seemed relatively immune to heightened tensions in the Gulf, but this weekend’s attack on Saudi oil facilities means markets will now be more skittish.
The attack on Saudi Arabia’s Abqaiq refinery and the realpolitik of oil
After a Saudi oil processing facility came under attack, attention turned on the immediate effect this could have on oil prices. But the worry should be more over the medium term than the short term, writes Robin Mills.
Forest protection likely to be new priority for EU Parliament
Large areas of forest are being cleared worldwide for the agricultural industry. Although the EU requires its contracting partners to protect the environment, it lacks the means for enforcement. Environmentalists and the European Parliament see an urgent need for action. EURACTIV Germany reports.
Brussels unlikely to appeal EU court decision hampering Nord Stream pipelines
The EU executive is unlikely to appeal a decision of the EU General Court in Luxembourg on Tuesday (10 September) to restrict the transit of Russian gas via the Opal pipeline, running on German territory.
Energy transition ‘happening fast but not quickly enough’ to stop planet heating: report
The remaining carbon budget to limit global warming to 1.5°C will be exhausted as early as 2028, even as the transition to low-carbon energy gains momentum, according to risk management firm DNV GL, which calls for “extraordinary policy action” to lower emissions.
Expert: German carbon budget not compatible with current targets
In an interview with EURACTIV Germany, Julia Hertin, the managing director of SRU, the German government's advisory board on environmental matters, spoke about the country's plans to introduce a climate protection bill, a carbon border tax and a trading scheme for carbon certificates. And she wants things to progress quickly.
EIB begins metamorphosis into climate bank
European Investment Bank (EIB) directors will begin discussing on Tuesday (10 September) an updated lending policy which could see the EU bank stop funding fossil fuel projects. But some member states and even the European Commission might push for a more reserved approach.
EU countries have ‘no concrete plans’ to phase out fossil fuel subsidies: report
Not a single EU member state has so far spelled out a comprehensive plan to phase out fossil fuel subsidies, despite a commitment taken at the G20 ten years ago to eliminate them, according to a fresh analysis of the bloc’s 28 National Energy and Climate Plans.
US will sanction whoever purchases Iran’s oil, official says
The United States will continue to impose sanctions on whoever purchases Iran's oil or conducts business with Iran's Revolutionary Guards and no oil waivers will be re-issued, a US official said on Sunday (8 September).
Oil and gas companies risking $2.2trn in stranded assets during low-carbon transition, report warns
Since 2018, oil and gas companies have spent $50bn (€45.3bn) on investment projects that undermine the Paris Agreement, with a new report from think tank Carbon Tracker warning that major companies risk wasting $2.2trn (€1.9trn) on stranded assets by 2030. EURACTIV's media partner edie.net report.
EU auto industry forms unlikely alliance with NGO on electric cars
Long-time adversaries Transport & Environment and ACEA have signed a partnership to roll out electric vehicle charging points, as the auto industry seeks to rebrand with a focus on digital and electric.
Time to give the transport sector the predictability it needs to thrive in a zero emission economy
Despite its clear potential for clean transportation, electro-mobility still does not seem to be the motor driving Europe’s economic, climate, and industrial policy, writes Folker Franz.
Luxembourg leads EU push to climate-proof Energy Charter Treaty
Luxembourg will push for a deep reform of the Energy Charter Treaty at EU level in order to align it with global climate objectives, said the country’s energy minister Claude Turmes, who did not rule out scrapping the treaty altogether if reform talks don’t progress fast enough.
Turkmenistan should promote the Trans-Caspian Pipeline more actively
Iran and Russia are opposing the implementation of the Trans-Caspian project, which is supported by Azerbaijan and is in the EU’s interest, writes Shahnar Hajiev.
Zelenskiy slams Nord Stream 2 as Ukraine seeks LNG gas from the US
Ukraine's president on Saturday (31 August) slammed the controversial Nord Stream 2 pipeline set to send Russian gas to Germany as a "threat" to Europe and welcomed moves by Kyiv to tap into US gas supplies.