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Italy weighs auto incentive scheme to cut Chinese EV price advantage
Italy is considering new incentives for car purchases that would factor in carbon emissions in the manufacturing and distribution process, two sources close to the matter told Reuters on Monday, a way of protecting its industry against Chinese imports.
read more... 03/10/2023
Dutch climate minister calls for strong coalition to phase out fossil fuel subsidies
Dutch Climate Minister Rob Jetten said on Monday he would work in coming weeks to set up a strong international coalition to phase out subsidies and tax breaks tied to the use of fossil fuels blamed for global warming.
read more... 03/10/2023
Daily (02.10.2023): European carbon prices fell by over 1% on Friday amid limited trading activity as the third quarter approached its end
Oil prices edged down on Friday after the surge of recent weeks, dragged down by profit-taking. Thus, Brent crude stabilized at $95.31 a barrel, while WTI crude fell by 1% to end at $90.79 a barrel.
read more... 02/10/2023
EU launches first phase of world's first carbon border tariff
The European Union launched on Sunday the first phase of the world's first system to impose CO2 emissions tariffs on imported steel, cement and other goods as it tries to stop more polluting foreign products from undermining its green transition.
read more... 02/10/2023
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Europe's solar industry warns against tariffs on imports
Europe's solar power industry has warned policymakers not to impose tariffs on imports, amid fears that disrupting supplies of products from China would seriously damage Europe's ability to rapidly install clean energy.
read more... 02/10/2023