World's largest carbon market booming
20 May 2021
THE COST of polluting in Europe is experiencing a meteoric rise unlike any period since its inception in 2005, driven higher by the region’s ambitious climate policy and increased financial investment in the market.
Spain defends EU’s flagship climate law against attacks from other capitals
Tue 3 Mar 2026
Spain has come to the defense of the European Union's bedrock climate law, with Prime Minister Pedro Sánchez warning fellow European leaders against dismantling the embattled Emissions Trading System.
Italy calls for suspension of EU carbon market
Mon 2 Mar 2026
The Italian Minister said the Emissions Trading System (ETS) has a "perverse effect" and is condemning European companies from being competitive with other countries, urging other member states to back the suspension.
This city turned its rooftops into a climate shield
Fri 27 Feb 2026
As cities struggle with heat, Zürich offers a masterclass in using vegetation to cool streets, manage stormwater and restore biodiversity.
EU countries give final approval to weaken company sustainability laws
Thu 26 Feb 2026
EU countries on Tuesday gave their final approval to scale back rules that require companies to address environmental and human rights risks in their supply chains, after months of pressure from businesses and governments including the U.S and Qatar.
Weaned off Putin's gas, Europe now addicted to US LNG
24 Feb 2026
The EU is set to cut off Russian gas supplies in 2027. However, its promise to diversify and transition to renewables is under threat as LNG shipped from the US floods the bloc.
EU countries back stronger price curbs on new carbon market
20 Feb 2026
European Union countries on Wednesday backed plans to strengthen price curbs in the bloc's upcoming carbon market, EU diplomats told Reuters, in response to concerns from some governments that the policy could raise fuel bills.
Sweden and others oppose calls to delay new EU carbon market
19 Feb 2026
Sweden, Denmark, Finland and Luxembourg have opposed calls by other European governments to delay the EU's upcoming carbon market, as political pressure mounts for the bloc to curb energy costs, a joint paper by the countries showed.
EU countries need to 'urgently coordinate' to adapt to climate change, advisory board warns
18 Feb 2026
More frequent climate-related events such as flooding, wildfires, repeated heatwaves, and droughts call for a precautionary approach, according to the latest report from the European Scientific Advisory Board on Climate Change.
France bets on nuclear in new plan to cut fossil fuel imports
16 Feb 2026
The French government unveiled a 10-year energy strategy that leans heavily on nuclear power and offshore wind farms to curb fossil fuel dependence. Environmental groups criticised a 'stubborn insistence on believing in the nuclear myth'.
European Central Bank's green supervision grows teeth, but will banks avoid being bitten?
13 Feb 2026
After several years of issuing guidance and repeatedly calling on banks to take climate and environmental risk management seriously, the European Central Bank is moving from guidance and expectations to enforcement.
