Germany allocates 5 billion euros to push heavy industry to cut CO2
Today 11:45am
Germany will provide up to 5 billion euros ($5.85 billion) this year to help major factories reduce carbon emissions by switching to cleaner technology, the economy ministry said on Tuesday.
print this story
EU to give industries more free CO2 permits, document shows
Wed 6 May 2026
The European Commission has drafted plans to give more free emissions permits to industries over the next few years, a move that could save companies 4 billion euros in CO2 costs.
Amsterdam bans public adverts for meat and fossil fuels
Tue 5 May 2026
Amsterdam has become the world's first capital city to ban public advertisements for both meat and fossil fuel products.
Analysts cut EU carbon price forecasts on policy reforms
Mon 4 May 2026
Analysts have significantly cut their forecasts for prices in the European Union's carbon market for the next couple of years, due to uncertainty over proposed policy changes and future supply levels.
EU faces ‘China shock’ as EV imports drive Beijing’s record surplus with bloc
Fri 1 May 2026
The EU is experiencing a prolonged “China shock” as a flood of Chinese EVs into Europe helped push Beijing to a record surplus with the bloc.
Solar power soars to new heights but fears over 'dangerously high' temperatures
30 Apr 2026
Last year heatwaves hit from the Mediterranean to the Arctic, and Greenland lost 139 billion tonnes of ice, according to a new report from Copernicus, while solar power soared to new heights.
France unveils plan to ditch all fossil fuels by 2050
30 Apr 2026
Dozens of nations gathered in Colombia to hold the first-ever talks on how to transition away from fossil fuels. France published a 'roadmap' that explicitly aims to phase out coal by 2030, oil by 2045 and gas for energy purposes by 2050.
Renewables in vogue as Iran war drives up Europe power prices
29 Apr 2026
As the Iran war disrupts global flows of oil and gas and energy prices skyrocket, the Drin River, which descends through the mountains of northern Albania, is acting as a kind of shield.
EU aims to ease energy blow from Iran war with tax cuts, gas coordination
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
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.
