Tag Archives: European Union (EU)

China and the US ramped up spending by 12 percent each. taking expenses to 8 billion dollars in China. and 8.2 billion dollars in the US.

The UN summit is set to provide a sobering counterpoint to Friday’s global climate strikes.

The cost of offshore wind has continued to tumble as the UK Government revealed the price for power from new schemes had fallen below £40 per megawatt hour of electricity.

Renewables have a major part to play in curbing global emissions.

Around 6GW of projects have been awarded contracts. with offshore wind projects set to be delivered for as low as £39.65 MWh.

Gazprom was planning to gradually move its Ukrainian transit quantities to the Turkish Stream and Nord Stream 2 pipelines.

Around 62% of people questioned in a new poll said addressing climate change requires a high or extremely high level of urgency.

A number of European banks and firms have expressed readiness to engage in Europe’s proposed financial channel. called INSTEX. which is aimed at helping Iran circumvent the US’ sanctions in its foreign trades. the new INSTEX president said.

Scientists suggest that emissions of Sulphur hexafluoride. which is commonly used as an electric insulator. are rising rapidly.

The project is expected to be completed in November 2023.