Climate Change
Serbian Companies on the Changing Power Market: carbon taxation is inevitable and must be discussed publicly
23 February 2022 - The EU's carbon border tax or national CO2 pricing systems will affect both businesses and citizens in the region, businesspeople and experts warned at the conference Serbian Companies on the Changing Power Market.
Energy firms sue four EU countries for disrupting their fossil fuel projects
23 February 2022 - Five energy companies including RWE seek almost EUR 3.7 billion in damages from the Netherlands, Italy, Poland and Slovenia
REPCONS 2.0: BiH, Serbia, Montenegro not ready for successful energy transition
16 February 2022 - Experts from the region have complied the Barometer of Sustainable Energy Transition report titled Perfect Storm – an uncontrolled decarbonization of the Western Balkans’ power sector.
Slovenian steelmaker SIJ to invest in decarbonization with bank loan
15 February 2022 - Steelmaker SIJ Group will use a part of a EUR 230 million loan to invest in energy efficiency as part of its decarbonization efforts
Energy Community is obligated to follow EU’s CEEAG state aid guidelines
14 February 2022 - The EU's Guidelines on State Aid for Climate, Environmental Protection and Energy (CEEAG) are obligatory, the Energy Community Secretariat said
OCI: Norway is pursuing an aggressive policy of expanding its oil and gas industries
11 February 2022 - According to Oil Change International (OCI), Norway is pursuing an oil and gas expansion policy and it has awarded 700 exploration permits in the past ten years, while the UK announced it would start exploitation at six fields in the North Sea this year
World’s largest companies promise much more climate action than they deliver
10 February 2022 - Large global companies emphasize intentions to reduce carbon emissions to net zero, but according to the results of the latest analysis, they are going to reduce them by only 40% on average, against their pledges for 100%
EU’s carbon border tax must become mainstream topic in Western Balkans
09 February 2022 - Measures accompanying the CBAM must be directed to helping the Western Balkans adjust to the CO2 pricing system, experts say
Serbia’s ambitious energy security plan targets 50% renewables share by 2040
08 February 2022 - Ministry of Mining and Energy has prepared the document Energy Security of Serbia, with solutions for entire energy sector
European carbon emission prices hit record highs, nearing EUR 100 per ton
03 February 2022 - The cost of a ton of CO2 within the EU ETS reached an all-time high of just below EUR 95 as the market is bracing for a rally to EUR 100.
Vinci Airports revamps Belgrade airport’s energy system
01 February 2022 - The Nikola Tesla Airport has put into operation a 44 MW trigeneration facility for the production of heat, electricity and cooling
Fossil fuels still subsidized more than renewables in EU, auditors find
01 February 2022 - The EU's energy taxation and carbon pricing policies don't square with its climate goals, the European Court of Auditors said in a review
Bulgaria could warm by 4.4 °C by 2100, lose 20% of precipitation
01 February 2022 - Bulgaria is severely affected by climate change, WWF and the Konrad Adenauer Foundation said, warning the temperature rise could reach 4.4 degrees by 2100
McKinsey – Decarbonizing economy requires over USD 9 trillion per year
27 January 2022 - Achieving the goal of net-zero emissions by 2050 implies global investments of USD 9.2 trillion a year, 3.5 trillion more than today
Agora: Faster decarbonization in Western Balkans would ease impact of EU’s CO2 border tax
21 January 2022 - The Western Balkans need to step up the integration of their power markets and roll out carbon pricing to avoid the CO2 border tax, Agora said
BlackRock CEO`s message for 2022: We focus on sustainability not because we are environmentalists, but because we are capitalists
20 January 2022 - Larry Fink said in his annual letter that BlackRock would continue to encourage companies to react to climate change because it has financial significance