Brussels and EIB channel emissions revenue into energy projects across 11 EU states
The latest Modernisation Fund payout takes the total raised from the bloc's carbon market since 2021 to more than €23 billion, with Romania, Hungary and the Czech…
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TotalEnergies ordered by Paris court to account for customer emissions
The decision is the latest development in a long-running climate lawsuit brought by several NGOs, together with the City of Paris.
Council and Parliament strike deal on ETS2 Market Stability Reserve ahead of 2028 launch
The deal aims to provide greater price stability, particularly to combat sharp price spikes, and predictability for the controversial system.
EU tries to curb self-imposed energy price volatility
European Climate Commissioner Wopke Hoekstra has reaffirmed the European Union's commitment to launching the Emissions Trading System for buildings and road transport…
Brussels retreats: Long-haul flights set to be exempt from emissions monitoring
The European Commission has drafted plans to drop long-haul flights from CO2 emissions-monitoring rules.
IEA: Global energy-related CO2 emissions hit record high in 2023
Global energy-related emissions of carbon dioxide (CO2) hit a record high last year, driven partly by increased fossil fuel use in countries where droughts hampered…