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EU leaders agree targeted, temporary support for green industry
European Union leaders agreed on Friday they should allow "targeted, temporary and proportionate" support to ensure Europe's future as a manufacturing base for green tech products and counter U.S. and Chinese competition.
read more... 10/02/2023
EU sets out green industry deal to take on U.S. and China
The European Commission on Wednesday proposed allowing increased levels of state aid so that Europe can compete with the United States as a manufacturing hub for electric vehicles and other green products and reduce its dependence on China.
read more... 02/02/2023
Seven EU countries oppose new EU funding as response to US subsidy plan
Plans by the European Commission to create new European Union funding for the green industry are facing mounting opposition in the 27-nation bloc, as seven EU countries openly rejected the idea in a letter to the EU executive.
read more... 27/01/2023
French parliament adopts bill to speed up green growth
France’s lower house of parliament adopted a draft bill aimed at speeding up the development of renewables late on Tuesday although the industry fears it may create more delays.
read more... 12/01/2023
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Coal Demand To Remain Robust In 2023
Despite bold climate pledges from a plethora of major world powers, it seems that many are unable to break their addiction to coal, as consumption is set to hit an all-time high (once again). Several countries have launched climate strategies that include the phasing out of coal production and use over the coming decades, however with gas shortages and a long road to getting enough renewable energy operations running to meet global demand, many continue to rely on coal for power and industry. While coal use is expected to decrease in the long term, to be replaced by natural gas and renewable alternatives, demand is set to remain strong in 2023
read more... 03/01/2023