Climate Change
Drought to cost Montenegro’s EPCG utility EUR 100 million in third quarter
01 August 2022 - State-owned power producer EPCG said it would have to import 294 GWh of electricity in the three months through September due to drought
Decarbonizing one steel plant with hydrogen requires up to EUR 7 billion in investment
29 July 2022 - Hydrogen Europe conducted an analysis of the viability of using solar and renewable energy to decarbonize steel manufacturing
Ember: EU must install renewables two times faster by 2026 to meet climate targets
28 July 2022 - The EU will need double solar and wind additions by 2026 to deliver on the goal to hold global warming at a maximum 1.5 degrees
Serbia to target emissions cut of 40.3% by 2030 in upcoming NECP
27 July 2022 - Serbia presented the preliminary goals for its integrated national energy and climate plan as it is about to start a public debate
Pope Francis: All must act decisively on climate change for we are reaching breaking point
22 July 2022 - Pope Francis called on the world's nations to work together for the effective implementation of the Paris Agreement
Climate change impacting wine, olive production in drought-stricken Italy
20 July 2022 - The Italian way of life is under threat, especially in the valley of the river Po, which turned into a creek due to the ongoing drought
Bulgarian cement plant gets EU grant for innovative carbon capture, storage project
18 July 2022 - Devnya Cement got a EUR 190 million grant from the EU for the first full-chain carbon capture and storage project in the Balkans
Energy Transition Tracker: Energy Community’s coal power output drops 11% in 2021
08 July 2022 - Coal power production in all nine Energy Community contracting parties has been reduced by 13% to a five-year low last year
Natural gas, nuclear energy remain part of EU taxonomy – NGOs to file lawsuit
06 July 2022 - The European Parliament rejected the motion to exclude investments in natural gas and nuclear energy from the sustainable finance taxonomy
Spanish city of Seville begins to name, classify heatwaves
30 June 2022 - The time has come to start giving names to heatwaves – like hurricanes – as damage from some of the extreme weather will be historic.
EU agrees fossil fuel car ban as climate package talks are starting
29 June 2022 - The Council of the EU and European Parliament are set for talks on the Fit-for-55 package. Both agree new combustion engines should be banned by 2035.
ProCredit Bank Kosovo – a driver of green finance and energy transition in the country
24 June 2022 - Author: Eriola Bibolli, General Manager, ProCredit Bank Kosova It is a well-known fact that climate...
EP votes to protect EU industry even after CO2 border tax is fully implemented
23 June 2022 - MEPs want to maintain free emission allowances for industrial producers in the EU after the CO2 border tax is fully implemented in 2030
Statement of the Day, Guterres: Fossil fuel industry used scandalous tactics like Big Tobacco
17 June 2022 - The fossil fuel industry has exploited precisely the same scandalous tactics as Big Tobacco, UN Secretary-General António Guterres said
BMW building world’s first carbon-free car plant in Hungary
03 June 2022 - The new BMW factory in Hungary will produce electric automobiles entirely without the the use of fossil fuels.
Climate spending from EU’s 2014-2020 budget was far lower than reported
02 June 2022 - European Court of Auditors found that the spending was not always relevant to climate action as European Commission said