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Record $63 billion raised from carbon allowance sales in 2023

Governments globally raised a record $63 billion from the sale of carbon allowances in emission trading systems in 2022, as many countries increased ambitions to cut pollution despite record high energy prices following Russia’s invasion of Ukraine, a report said on Wednesday.

read more... 22/03/2023

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UK Spring budget: Hunt announces $24bn for carbon capture and storage

UK chancellor Jeremy Hunt announced on Wednesday the government’s plans to commit $24bn (£20bn) to carbon capture and storage.

read more... 17/03/2023

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Britain extends household energy support scheme to June

Britain extended its support for household energy bills by three months to the end of June, the government said on Wednesday, keeping a lid on household bills in a move that should help ease the country's cost of living squeeze.

read more... 15/03/2023

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EU companies can get as much in EU aid as US subsidies under looser rules

EU businesses can get as much government funding as from a U.S. green energy subsidy package, under looser European Commission rules announced on Thursday aimed at keeping them in Europe.

read more... 13/03/2023

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Belgian nuclear regulator tells govt not to extend oldest reactors

Belgium's nuclear regulator has advised the government against a life extension of the country's three oldest reactors, despite the risk of a gap in electricity supply over the next two winters.

read more... 07/03/2023

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