Decarbonization of steel production, a challenge for the future of Romanian industry
Romania’s steel sector is responsible for approximately 6.3% of national carbon dioxide emissions, and in these conditions the decarbonization of…
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Environment
AFM approved the subsidies for 2024 – Prosumers get 2 bln. lei, eco cars – 1 bln. lei
The budget of the Environmental Fund Administration (AFM) for the year 2024, approved in the Government meeting on Wednesday, provides…
Romania, among the last European countries in the ranking of climate objectives
Romania, the fourth country in Europe in terms of reducing CO2 emissions compared to 1990, is constantly publicly positioning itself…
EU reaches deal on world’s first carbon removal certification scheme
European Union legislators reached a political agreement in the early hours of Tuesday (20 February) on a proposal to set…
APIA estimates a 29% market share for green cars in Romania in 2024
Green cars will reach a 29% share of sales by the end of 2024, while the total new car market…
Romania’s first green bond issue, of 2 bln. euro, oversubscribed
The first issue of green bonds launched by the Romanian state on Thursday on the international market was a success.…
KMG Rompetrol – new e-mobility projects of 2.2 million euros with European funds
KMG Rompetrol Development submitted, in November 2022, an application for financing a project on the purchase and installation of ultra-fast…
Romania – last place in the EU for municipal waste recycling
In 2022, as in 2021, Romanians were in last place in the European Union in the production of municipal waste,…
EC recommends a 90% cut of greenhouse gas emissions by 2040
The European Commission published a detailed impact assessment on possible ways to achieve the agreed goal of making the European…
UK: Sales of pure electric cars have crossed the threshold of one million units
Sales of battery-powered electric cars in the UK passed the one million mark in January, despite reduced demand from private…
New carbon tax in construction and transport would induce chain price increases
During the past week, a delegation of the International Monetary Fund (IMF) that visited Romania proposed to the Government the…
Bucharest Community Foundation develops programs supported with 2 mln. euro by ING Bank Romania
The Bucharest Community Foundation and ING Bank Romania continue to develop the Environmental Platform for Bucharest, a strategic program initiated…
Eco-cars end 2023 with a market share of 24% of total sales
New car registrations in Romania increased by 11.6% in 2023 compared to the previous year, a margin in which “electrified”…
Transgaz completed the Climate and Decarbonization Strategy
Transgaz developed the Climate and Decarbonization Strategy, with a view to the phased transition to a climate-neutral activity and strengthening…
E.ON successfully issues 1.5 bln. euro green bonds in the first days of 2024
E.ON successfully issued in the first days of 2024 two tranches of bonds with a combined volume of 1.5 billion…
Italy to up bonus for e-cars to a maximum of 13,750 euro
The Italian government is considering a plan with a total value of 930 million euro to encourage citizens to give…
Lektri.Co: Romania reaches 40,000 EVs, 60% surge at 11 months
In the first 11 months of this year, over 15,300 new non-polluting vehicles were registered in Romania, according to Lektri.Co.…
Sales of electric vehicles to hit a record high this year in the US
Electric vehicle (EV) sales in the U.S. are expected to account for 9 percent of all passenger vehicles this year,…
OMV Petrom 2030 strategy: Biofuels will represent more than 15% of the group’s production
OMV Petrom, the largest integrated energy company in Southeast Europe, signed the contract for the acquisition of 50% of the…
AHK: Public-private partnership, essential for the success of waste recycling
The business environment and the authorities emphasized the need for collaboration to ensure the implementation and development of the recycling/return…
EC requests Romania and five other states to correctly transpose the Waste Directive
The European Commission decided on Thursday to initiate an infringement procedure by sending official letters of formal notice to Romania,…
Burduja: The green transition cannot be accomplished with green energy alone
The green transition cannot be accomplished with green energy alone and it would be foolish to give up natural gas…
Câciu: 41% of PNRR represent investments related to EU climate objectives
A percentage of 41% of the allocation from the National Recovery and Resilience Plan, i.e. 11.9 billion euros, represents investments…