Environment

EU Set to Propose more Flexible 2040 Emissions Target

The European Commission considers allowing European Union countries more flexibility in reaching a 90% emissions cut target by 2040, diplomats told Reuters on Friday, amid growing backlash against the too stringent EU climate policies. In early July, the European Commission is set to propose a 2040 climate target that would …

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Could Geoengineering Really Combat Climate Change?

Governments worldwide are searching for ways to decarbonise and tackle climate change, while many continue to rely heavily on fossil fuels for their energy. This has led several countries to explore the potential for geoengineering to combat climate change without relying entirely on the gradual shift away from fossil fuels …

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Renewable Energy Stocks Drop to Five-Year Lows

Investors are increasingly bearish on renewable energy stocks with green indexes down to five-year lows, as the Trump Administration’s energy policy is chilling the low-carbon energy markets. Although it was up by 2% year to date as of Monday morning, the S&P Global Clean Energy Transition Index has lost 13.5% …

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Can Europe Overcome Its Green Hydrogen Gap?

Many countries across Europe are investing heavily in the development of green hydrogen projects to help decarbonise hard-to-abate industries in support of a green transition. Europe has been highly competitive with other emerging green hydrogen regions, such as the Middle East and Asia-Pacific. However, while Europe’s green hydrogen capacity expands, …

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