Audi, the German car manufacturer, is pitching ‘e-fuels’ as a clean alternative to produce petrol, diesel or gas, without having to extract fossil fuels. Sounds splendid but unfortunately too good to be true, warns Jonas Helseth.
Is the EU committed enough to increase taxes on fossil fuels? That is a question that needs to be raised now considering the long-running debate on the best measures, including energy taxation, to reduce greenhouse gas emissions, write Kai Schlegelmilch and Zoltán Szabó.
The Norwegian central bank, which runs the country’s sovereign wealth fund – the world’s biggest – has told its government it should dump its shares in oil and gas companies, in a move that could have significant consequences for the sector. EURACTIV's media partner The Guardian reports.
Forty Catholic institutions from across the world will pull money out of fossil fuels this week, in the biggest single divestment made by religious institutions, including banks, universities and even the Italian town where Saint Francis of Assisi was born.
By encouraging the use of clean energy sources to produce fossil fuel for cars, the proposed revision of the EU Renewable Energy Directive (RED II) opens the door to massive public subsidies for costly, inefficient and polluting ‘solutions’, warns Jonas Helseth.
Europe should accelerate the decarbonisation of electricity in order to encourage its use for transportation and other sectors. The end game is a fossil free system where we could use a lot more green electricity, Vattenfall CEO Magnus Hall told EURACTIV.com.