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Europe edging closer to withdrawal from Energy Charter Treaty
More European Union countries have shown signs of impatience with the ongoing reform of the Energy Charter Treaty (ECT), which critics say impedes international efforts to phase out fossil fuels, according to leaked diplomatic cables seen by EURACTIV.
read more... 18/05/2022
(Daily 17.05.2022): Oil and gas on an upward trend
Continued concerns over a potential EU ban on Russian petroleum exports lent support to crude prices. Thus, Brent crude increased by 2.4% to $114.24 a barrel on Monday.
read more... 17/05/2022
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Germany to reject EU green investment label for nuclear power
Germany will oppose European Union plans to include nuclear energy as a sustainable investment in its "taxonomy" policy for labelling green investments, the government said on Monday.
read more... 17/05/2022
EU Council approves final regulation on priority EU energy projects
The EU Council on May 16 adopted the revised regulation on funding for priority EU energy projects, the final step in the TEN-E approval process that defines the projects that will allowed to be subsidized under the Projects of Common Interest (PCI) program.
read more... 17/05/2022
Berlin pushes for a €60 minimum price on EU carbon markets
Discounting allegations of speculation on the EU carbon market, Berlin is throwing its weight behind a minimum price of €60 per tonne of CO2, saying it will ensure this through national measures if the EU does not take action.
read more... 17/05/2022