“Greening” of the energy sector to combat climate change could cost at least $92,000 billion
Governments and companies around the world will need to invest at least $92 trillion by 2050 to reduce CO2 emissions…
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Environment
CRE and Liberty Steel launch a consortium to integrate hydrogen into steel production
A consortium of CRE, Liberty Steel, MTAG, ICSI and ADREM will develop research-innovation projects to integrate hydrogen and replace fossil…
EY: Climate change tops the list of long-term risks for banks
For the first time since the survey’s inception over a decade ago, climate change tops the list of long-term risks…
John Kerry issues warning over climate, calls on China to step up on emissions cuts
United States’ climate envoy John Kerry issued a stark warning on Tuesday, claiming that the suffering brought about by the…
Italy is looking for ways to mitigate the costs of the green transition
Italy is considering granting various subsidies to mitigate the impact on citizens and businesses following the rapid transition to the…
CNR-CME: Proposals within the “Fit for 55” allow accelerating the reduction of emissions
Proposals within the “Fit for 55” will allow the necessary acceleration of the reduction of greenhouse gas emissions in the…
IEA: CO2 emissions set to hit record levels in 2023
Only a small chunk of governments’ recovery spending in response to the Covid-19 pandemic has been allocated to clean energy…
PwC: Environmental, social and corporate governance policies will reshape the global economy
Environmental, social and corporate governance (ESG) policies will reshape the global economy in the coming years and will influence the…
China has officially launched its own emissions trading market
China on Friday launched the world’s largest emissions trading market to reduce the polluting emissions of the Asian giant, the…
EFdeN has launched VATRA, the project that will represent Romania at Solar Decathlon Europe 21/22
After two previous participations in the Solar Decathlon competition (SDE 2014, Versailles & SDME 2018, Dubai), the EFdeN team is…
Enel launches a sustainability-backed bond issue worth 4 bln. USD
Enel Finance International (EFI), the Dutch-registered finance company controlled by Enel, launched a multi-tranche sustainability-linked bond for institutional investors in…
E.ON backs EU plan to cut carbon emissions by 55 percent by 2030
As the EU Commission prepares to present its “Fit for 55” legislative package, the European CEO Alliance has issued policy…
The EU proposes additional taxation of aviation fuel
The European Commission has drafted plans to set an EU-wide minimum tax rate for polluting aviation fuels, as it seeks…
EU: Disposable plastic products can no longer be sold; in Romania, implementation is delayed
Although the European Directive on limiting the impact of plastics on the environment enters into force on July 3, 2021,…
Explosion at an installation at Petromidia Refinery, Red Alert Plan – activated
An explosion followed by a fire occurred on Friday at an installation at the Petromidia Refinery in Năvodari, as a…
Asia’s new coal plant plans jeopardise climate targets
Five Asian countries are responsible for 80% of new coal power plants planned around the world, the Carbon Tracker group…
Bankwatch: PNRR finances only 3.4% of the green investments assumed by Romania until 2030
Bogdan Tudorache An analysis of the National Recovery and Resilience Plan conducted by Bankwatch Romania and Declic with the support…
EU to expand market for pollution certificates to transport and heating
European Union wants to restructure its carbon market, with the idea of reducing pollutant emissions more quickly and putting a…
Gov’t adopted the Ordinance on public procurement targets for clean vehicles
Romanian Government approved, at the Tuesday’s meeting, the draft Emergency Ordinance on the promotion of clean road transport vehicles, in…
Carbon certificate price rises again to almost 58 euro
Bogdan Tudorache The price of the carbon certificate on the ICE ECX exchange in London opened on the morning EUA…
Up to 50 billion euro, distributed to EU companies in the period 2008-2019 through free allocations of CO2 certificates
A new study by the consulting firm CE Delft in Brussels, published in June 2021, shows that the energy-intensive industry…
Carbon certificates reach almost 55 euro
Bogdan Tudorache The value of carbon certificates listed on futures contracts on the ICE stock exchange reached 54.85 euros on…
Gaspar, SNRB: Romania lacks an investment in battery recycling
An investment in a battery recycling system in Romania is desirable, but at the moment, for such an investment to…