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EU seals carbon market reform to speed cuts in greenhouse gases

The world’s first major carbon trading system has since 2005 forced power plants and factories to buy permits when they emit CO2, and has cut emissions from those sectors by 43%.

read more... 27/04/2023

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G7 to step up moves to renewables, zero carbon

Energy and environment ministers of the Group of Seven (G7) wealthy nations vowed yesterday to work to hasten the shift toward cleaner, renewable energy, but set no timetable for phasing out coal-fired power plants as they wrapped up two days of talks in the northern Japanese city of Sapporo.

read more... 17/04/2023

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Au revoir, Germany’s ‘Atomkraftwerke’

On April 15, Germany will shut down its last remaining nuclear power plants, marking the end of the country’s more than 60-year foray into nuclear power and a long-time era of Franco-German cooperation.

read more... 12/04/2023

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Mexico snares Iberdrola power plants for $6 bln in 'new nationalization'

The Mexican government has agreed to buy 13 power plants from Spanish energy giant Iberdrola in a deal worth $6 billion, which Mexico's president hailed as a "new nationalization" of the electricity market that will amp up state control.

read more... 06/04/2023

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Czechia replaces Russian nuclear fuel imports with US imports

The US company Westinghouse will supply both Czech nuclear plants with fuel, so the country can quit importing Russian nuclear fuel until the end of 2023.

read more... 05/04/2023

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