Tag Archives: European Union (EU)

The European Union (EU) is not going to reduce oil and gas imports from Russia, simultaneously keeping them from other sources, European Union’s High Representative for Foreign Affairs and Security Policy Josep Borrell told a press conference on EU-Russia relations on Wednesday, adding that Europe’s hydrocarbons consumption will go down …

The EU has historically been a major energy importer, with a majority of its oil and gas coming from Russia or the Middle East. Now, as Europe decarbonises its industry, some countries fear it could increasingly become dependent on imported hydrogen. Energy ministers from the 27 EU member states exchanged …

The European Commission and Bill Gates joined forces in an initiative that wants to mobilize as much as $1 billion investment in clean technologies such as green hydrogen and sustainable fuels. The Commission and Breakthrough Energy Catalyst, a program founded by Gates, want to muster the funding in 2022-2026 to …

The European Commission is preparing to unveil 12 climate change policies in July, all designed to cut greenhouse gas emissions faster. A revamp of the EU’s renewable energy regulations is among them. EU energy commissioner Kadri Simson said the revamp will promote power purchase agreements for renewable energy and target …

The European Parliament formally approved the European Union’s multi-billion euro fund on Tuesday (18 May) to support countries as they wind down fossil fuel industries as part of Europe’s push towards fighting climate change. The €17.5 billion Just Transition Fund (JTF) combines cash from the EU’s budget and its COVID-19 …

Of all the objectives in the European Green Deal, presented in December 2019, the “Zero Pollution Action Plan” immediately jumped out as the one policymakers were likely to struggle with the most. “Creating a toxic-free environment” with zero air, water and soil pollution is something hardly anyone can disagree with. …

The European Union’s landmark rules to classify green investments may need to accommodate natural gas, the European Commission said on Monday, as Brussels weighs a politically fraught decision on how to treat the fossil fuel. The Commission last month published its “sustainable finance taxonomy”, a list of economic activities that …

Europe’s carbon border levy to increase the cost of CO2-intensive goods entering the EU could push the Global South towards less restrictive trade deals, ultimately causing more harm to the environment, writes Muhammed Magassy. Muhammed Magassy is a Member of Parliament for ECOWAS (The Economic Community of West African States), …

European countries are mostly interested in the Nord Stream 2 gas pipeline construction project. The project is still planned to be completed in 2021, Russia’s Minister of Energy Nikolay Shulginov said in an interview with Energy Policy magazine. “Our position has not changed. Europe is largely interested in this gas …

The European Union has been forced to postpone its energy and climate legislation, which is highly likely to include CO2 quotas on shipping, by one month. The policy which was to have included the emissions trading legislation which will regulate shipping and aviation and regulate the price of CO2 was …