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Germany aims to support industry via tax relief, CCS
Germany’s economy ministry aims to help energy-intensive industry cope with higher energy prices via tax relief measures and decarbonise via carbon capture and storage (CCS), it said in a new plan on Tuesday.
read more... 26/10/2023
France and Germany disagreement on CfDs continues
EU energy ministers are seeking to resolve differences over the use of contracts for difference (CfDs) to support nuclear energy investment on Tuesday. Some countries support the initiative as they see CfDs as key to incentivising investment in an industry with uncertain rates of return on capital. Others believe CfDs will disrupt the pricing mechanism for energy markets in Europe.
read more... 18/10/2023
Global electricity sector nearing ‘peak emissions’
Anew report suggests that we may soon reach the peak of global emissions from the electricity sector. Research into 78 countries by think tank Ember has shown that in the first half of 2023, CO₂ emissions from the global power industry grew by a mere 0.2%, with wind and solar capacity hitting record levels.
read more... 09/10/2023
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
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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