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EU Finance Ministers Reach Agreement on Carbon Border Adjustment Mechanism (CBAM)
European Union (EU) Finance Ministers have reached a preliminary agreement on the implementation of the Carbon Border Adjustment Mechanism (CBAM). However, certain aspects, such as […]
EU Approves €2.9bn Spanish and €1.4bn Czech Schemes to Compensate for Indirect Emission Costs
EU competition regulators have granted authorization to a €2.9 billion Spanish and €1.4 billion Czech scheme designed to compensate companies that have faced increased electricity […]
Germany Accelerates Transition to 100% Renewable Electricity by 2035
Germany has intensified its commitment to meet its entire electricity demand through renewable sources by 2035, surpassing its previous target of phasing out fossil fuels […]
Potential Increase in Coal-fired Power Generation and Implications for Imports in the EU
According to the International Energy Agency (IEA), there is an estimated potential for an additional 120 terawatt-hours per year (TWh/yr) of coal-fired power generation in […]
Germany Explores Options to Secure Energy Amid Ukraine Conflict
Amid the ongoing conflict in Ukraine, the German government is actively exploring various measures to ensure the country's energy security and reduce dependence on Russia. […]
Climate Fears on Back Burner as Fuel Costs Soar and Russia Crisis Deepens
Renewed emphasis on energy independence and national security is raising concerns that policymakers may backtrack on efforts to reduce the use of fossil fuels. The […]
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