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EU countries give final approval to 2040 climate target for 90% emissions cut

9 Mar 2026

Depositphotos
Image: Depositphotos

European ‌Union countries gave the final approval on Thursday to a new climate target to slash greenhouse gas emissions 90% by 2040, pressing ahead with the bloc's ambitious climate agenda despite political resistance.

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EU aims to ease energy blow from Iran war with tax cuts, gas coordination

Thu 23 Apr 2026

The European Commission set out plans on Wednesday to cut electricity taxes and coordinate the summer refill of countries' gas storage, as it seeks to cushion the energy fallout from the Iran war.

It’s time for an EU climate diplomacy reset

Thu 23 Apr 2026

The geopolitical context for climate diplomacy keeps evolving, with the war in the Middle East the latest example of a more fragmented and uncertain global environment.

Electric car sales soar 51% in mainland Europe as Iran war drives up fuel prices

Wed 22 Apr 2026

Buyers’ interest in electric cars has risen across Europe since the start of the war in Iran in late February, as the rising cost of petrol highlights the cheaper power available from a plug.

Parliament Buildings, Budapest

What Magyar’s defeat of Orbán in Hungary means for climate and energy

Tue 21 Apr 2026

Hungary has played a disproportionate role in EU climate and energy policy in recent years, by repeatedly vetoing climate action and by delaying the phaseout of Russian fossil-fuel imports.

Europe has 'maybe six weeks of jet fuel left', energy boss warns

Mon 20 Apr 2026

Stocks would reach a tipping point in June if Europe was unable to replace at least half of its imports from the Middle East, the organisation said in a report this week.

IMF warns EU not to offset the energy price spike too much

Mon 20 Apr 2026

European governments should not excessively shield businesses and consumers from more expensive energy because that distorts the price signal to cut consumption and could be fiscally very expensive, the International Monetary Fund said.

Thousands protest in Germany urging faster shift to renewable energy, amid Iran war

Mon 20 Apr 2026

Thousands of people demonstrated across Germany on April 18, urging a faster shift to renewable energy and accusing conservative Chancellor Friedrich Merz’s coalition of putting the brakes on the transition.

EU working on jet fuel plan as Iran crisis threatens air travel

17 Apr 2026

The European Union is drafting plans to tackle a looming jet fuel supply crunch and maximise refinery output, officials said.

War spurs EU plan for electricity tax cuts, faster shift from fossil fuels, draft shows

16 Apr 2026

The European Union plans to reduce electricity taxes and expand clean technologies faster to cut consumers' exposure to soaring ‌oil and gas prices, as part of its plan to offset the Iran war's energy impact, a draft document showed.

ETS divisions sharpen as EU carbon market review nears

15 Apr 2026

The EU’s carbon market is heading towards a pivotal review, with tensions mounting between Member States over how the system shapes energy prices, industrial competitiveness and the pace of decarbonisation.

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