Climate

Pro-climate companies flag concerns over Fit for 55 package

A business alliance lobbying for effective climate action has raised concerns over biomass, carbon capture and utilisation, and a carbon tax on imports in its initial analysis of the climate... Read more

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Energy

Major gap between renewables roll-out and net-zero goals, experts find

While the renewable energy sector has proved resilient to the disruption caused by the pandemic, wind and solar deployment must be ramped up considerably to reach net-zero emissions, two new reports say.

Energy

Biogas should be covered by methane leaks policy - EU regulators

Forthcoming EU rules to prevent methane leakage from the energy sector should extend to green gas produced from biomass and synthetic methane, the Council of European Energy Regulators and the EU regulatory agency ACER argue in a white paper.

Climate

Fit for 55: Commission proposes €72.2bn Social Climate Fund help low-income households

The European Commission has proposed a new multi-billion fund aimed to help low-income and vulnerable households weather potential energy bill increases from new carbon pricing for buildings in a move aimed at staving off public resistance to a more ambitious climate policy.

Markets & Corporate

ECB to tackle climate change in strategy overhaul

The European Central Bank has adopted an “ambitious climate-related action plan” to incorporate climate factors in its monetary policy as part of a new strategy announced on Thursday.

Markets & Corporate

Sustainable finance package: 10 things you need to know

The European Commission published on Tuesday a long-awaited communication on promoting sustainable finance and a proposal for an EU green bond standard that update its action plan from 2018. Here’s what you need to know.

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