Energy

Commission overhauls state aid rules to tackle gas crisis

Member states can provide more subsidies to roll out renewable energy and industrial decarbonisation projects, the European Commission announced on Wednesday as part of its winter preparedness... Read more

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Energy

Commission gives green light to national hydrogen subsidies

The EU executive has approved a slew of new state aid for hydrogen projects, but offered little details on how green they will be, while industry groups call for more flexibility for renewable hydrogen plants.

Politics & Law

MEPs vote to class gas as ‘green’, opponents say fight not over

The European Parliament has chosen not to veto a controversial law classifying gas and nuclear power as sustainable investments, but campaign groups, MEPs, and two member states have already pledged to press on with legal challenges.

Markets & Corporate

ECB pledges to ‘gradually decarbonise’ corporate bond holdings

The European Central Bank has unveiled a series of measures designed to “better take into account climate-related financial risk” and support the EU’s transition to a climate-neutral economy.

Energy

Commission cheers deal on Energy Charter Treaty reform

The EU executive has lauded a deal to modernise the post-cold war energy investment protection agreement, despite widespread outrage over a broadened scope and continued protection for fossil fuels for another decade.

Markets & Corporate

EU green trade plan ‘vague and unenforceable’, climate groups warn

The European Commission has outlined plans for a new approach to trade deals that seeks to mainstream sustainability commitments alongside potential sanctions for violations, but climate groups have warned that the revisions would mean that EU trade policy still lacks teeth.

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