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2021-04-23 11:30:00

EUROPEAN CLIMATE LAW

EUROPEAN CLIMATE LAW

ENERDATA22 Apr 2021 - The European Commission, the European Parliament, and the Council of EU nations have reached a provisional agreement on the European Climate Law, which enshrines the EU's commitment to reaching climate neutrality by 2050 and the intermediate target of reducing net greenhouse gas (GHG) emissions by at least 55% by 2030, compared to 1990 levels. In addition, the agreement recognises the needs to enhance the EU's carbon sink through a more ambitious LULUCF (land use, land-use change and forestry) regulation and it creates the European Scientific Advisory Board on Climate Change, that will provide independent scientific advice.

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Earlier:

EUROPEAN CLIMATE LAW
2021, April, 14, 12:00:00
EUROPEAN WIND INVESTMENT $51 BLN
The investments financed 19.6 GW of capacity that will be constructed in the coming years. Around 13 GW of this will be in the EU.
EUROPEAN CLIMATE LAW
2021, February, 25, 12:10:00
EUROPE'S CLIMATE STRATEGY
Economic losses from more frequent climate-related extreme weather are increasing. In the EU, these losses alone already average over €12 billion per year.
EUROPEAN CLIMATE LAW
2021, February, 25, 11:40:00
EUROPE'S CLEAN ENERGY PARTNERSHIP EUR 10 BLN
The EU will provide nearly Eur10 billion of funding that the partners will match with at least an equivalent amount of investment, the EC said in a statement.
EUROPEAN CLIMATE LAW
2021, February, 17, 15:35:00
EUROPEAN ENERGY & CLIMATE
Signed in 1994 to protect cross-border investment in the energy sector, the Energy Charter Treaty has faced growing criticism from environmental groups and governments that say it impedes countries’ efforts to phase out fossil fuels.
EUROPEAN CLIMATE LAW
2021, February, 10, 11:25:00
EUROPEAN RENEWABLE INVESTMENT $32 BLN
“[T]hese investments will create jobs and growth. Every new offshore wind turbine generates EUR 15 million of economic activity. We expect the 77,000 people working in offshore wind today in Europe to be 200,000 by 2030,” Dickson said.
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Tags: EUROPE, CLIMATE, CARBON
Chronicle:
EUROPEAN CLIMATE LAW
2021, July, 9, 12:04:00
HYDROGEN RUSSIA AND CIS, Moscow, 20-21 October 2021
International Conference and Exhibition ‘Hydrogen Russia and CIS’ brings together more than 200 senior executives of hydrogen production plants from Russia and the CIS
EUROPEAN CLIMATE LAW
2021, July, 9, 12:00:00
ARGENTINA'S NUCLEAR SMR
Before work was suspended, it was in line to be the world’s first operating SMR. The government licensed it as a prototype in 2009.
EUROPEAN CLIMATE LAW
2021, July, 9, 11:55:00
CHILE'S COAL GENERATION DOWN
In June 2021, the Chamber of Deputies of Chile has approved a bill that prohibits the installation and operation of coal-fired power plants.
EUROPEAN CLIMATE LAW
2021, July, 8, 12:50:00
OIL PRICE: NEAR $73
Brent slipped by 23 cents, or 0.3%, to $73.20 a barrel, WTI were down 33 cents, or 0.5%, at $71.87 a barrel.
EUROPEAN CLIMATE LAW
2021, July, 8, 12:45:00
OIL PRICES 2021-22: $72-$67
We expect rising production will reduce the persistent global oil inventory draws that have occurred for much of the past year and keep prices similar to current levels, averaging $72/b during the second half of 2021 (2H21).
EUROPEAN CLIMATE LAW
2021, July, 8, 12:40:00
EUROPE CLIMATE RULES
According to draft proposals seen by market sources, the CBAM will replace the current system of free carbon allowances for metals sectors, and tighten allowances in the European Emissions Trading System generally, a bone of contention for some.
EUROPEAN CLIMATE LAW
2021, July, 8, 12:35:00
ASIA INDEXES DOWN ANEW
The Hang Seng index (.HSI) led losses with a 1.9% drop, its eighth consecutive session in the red, with more falls in internet giants Tencent (0700.HK), Meituan (3690.HK) and Alibaba (9988.HK) as the sector reels from sweeping Chinese regulatory scrutinty.
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