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EU countries ramp up pressure to grant nuclear a ‘green’ investment label
A group of ten European countries have heaped pressure on the European Commission to grant nuclear energy a ‘green’ label under the EU’s sustainable finance taxonomy, which acts as a guide to climate-friendly investments.
read more... 29/10/2021
Germany's SPD pushes for inclusion of gas in EU green finance taxonomy
The role of gas in the energy transition should be reflected in the EU’s green finance taxonomy, according to the economy and energy spokesperson of Germany’s social democratic SPD party, which is expected to lead the next German government coalition.
read more... 12/10/2021
Spanish energy tax threatens EU’s green hydrogen plans, industry warns
As energy prices soar across Europe, the chairman of electricity giant Iberdrola warned of short-sighted measures in Spain that are threatening the expansion of renewable electricity needed for the production of green hydrogen.
read more... 07/10/2021
Spain taxes renewables, nuclear power plants to help consumers cope with high electricity prices
Spain has introduced a charge on the production of renewable energy power plants to mitigate the impact of soaring electricity and gas prices on consumers. A similar levy for nuclear and hydropower plants is in the pipeline.
read more... 29/09/2021
Europe Is Subsidizing Its Way Into Electric Vehicle Leadership
As Europe looks to lead the world in electric vehicle (EV) uptake, many governments are incentivizing the switch from traditionally-fuelled cars to electric alternatives, hoping to end the sale of petrol and diesel vehicles and get on the path to net-zero carbon emissions over the next decade. As major automotive manufacturers catch up with niche EV brands such as Tesla, Europe is ready to build up its EV market through incentives such as subsidies, free electric charging options, tax breaks, and a wide variety of EV options for consumers. Several European countries are now leading the way for EV promotion, racing to get ahead of rich Asian nations and North American competitors also looking to make the shift.
read more... 09/09/2021