EU leaders to demand carbon market reform by July, draft shows
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Russia gets export boost from Iran war as price of oil to India surges
Tue 10 Mar 2026
The war in Iran has fuelled a significant bump in demand for Russian oil and gas, the Kremlin said on Friday, boosting exports which have been battered by sanctions linked to Russia's war in Ukraine.
Big EU lobby groups exaggerated industry support for attack on carbon price
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An industry petition criticising the European Union’s core climate policy implied its demands were supported by some 1,350 companies and associations. Now some firms deny they signed up.
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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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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
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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
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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
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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
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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
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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.
