The European Commission (EC) has outlined plans for how the EU will compete in the development of new technologies necessary for the green transition against the US and China. The Critical Raw Minerals Act, proposed by the European Commission on Thursday, seeks to reduce the EU’s dependence on raw minerals …
Read More »Italy Says EC will Present Final Draft of Gas Price Ceiling on November 24
The European Commission (EC) has prepared a draft document that includes a mechanism for introducing a dynamic ceiling on natural gas (NG) prices. The final version will be presented at the EU summit on Nov. 24, Italian Environment and Energy Security Minister Gilberto Pichetto Fratin said in an interview published …
Read More »European Commission Approves Nationalization of Russian Gazprom’s German Subsidiary
The European Commission has approved the nationalization of Gazprom Germania, a German subsidiary of Russia’s Gazprom. The regulator in Brussels on Saturday approved a 225.6 million euro subsidy for it. This will enable the German government to take full control of the company, which is now called Security Energy for …
Read More »Brussels Tables Emergency EU Permitting Rules for Renewables
The European Commission on Wednesday (10 November) tabled temporary emergency rules to accelerate the deployment of renewable energies like wind and solar, saying the ongoing energy crisis fuelled by Russia’s war in Ukraine calls for exceptional measures. Under the proposal, renewable energy projects “would be presumed to be of overriding …
Read More »European Parliament Demands Steeper Cut in Greenhouse Gas Emissions
The European Parliament has voted for a 60% reduction in greenhouse gas emissions by 2030 (from 1990 levels) – a steeper cut than the at least 55% the European Commission (EC) had proposed as part of its ambition for climate neutrality by 2050. “It’s a great victory for the climate …
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