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EU takes another step toward the exit out of ‘fossil dinosaur treaty’ to safeguard green aspirations

With climate change breathing down the world’s neck, the European Union (EU) is among those that have set the wheels in motion to pull out of the Energy Charter Treaty (ECT), as there is no end in sight for the protracted stalemate over revamping the multilateral treaty to make room for the pivot to low-carbon and clean energy by weaving renewables, hydrogen, and carbon capture, utilization, and storage (CCUS) into the treaty’s framework.

read more... 26/04/2024

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France unveils 55 ‘turnkey’ sites for clean industry

On Tuesday 16 April, the French government unveiled the list of the first 55 new sites it is making to host green industries.

read more... 19/04/2024

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Contested EU green buildings law adopted

The EU’s buildings directive has been adopted by member states on Friday (12 April), paving the way for national renovation plans amid cheers from the wider energy efficiency industry.

read more... 15/04/2024

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EU lawmakers adopt law to hit fossil fuel imports with methane emissions limit

European Union lawmakers on Wednesday adopted a law to place methane emission limits on Europe's oil and gas imports from 2030, pressuring international suppliers to clamp down on leaks of the potent greenhouse gas.

read more... 11/04/2024

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Daily (10.04.2024): European carbon prices hit their highest level since March 25, driven by technical signals

On Tuesday, crude oil prices kept declining as investors assessed the possible consequences of a ceasefire agreement between Israel and Hamas. This deal has the potential to conclude the ongoing Gaza conflict, which has persisted for six months. Hence, Brent crude declined by 1% to settle at $89.42 a barrel. Meanwhile, U.S. WTI crude dropped by 1.4% to $85.23 a barrel.

read more... 10/04/2024

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