Climate Change
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
Carbon capture projects failing but still to play role in energy transition
14 January 2022 - The carbon capture technology is still experimental, but it may have a shot with a proper funding scheme and a functional market
Germany’s new government announces ambitious decarbonization plan
13 January 2022 - Germany published a climate plan for the 2030 emissions target, decarbonization of industry, electrification of transport, and heating
EU should roll out CO2 border tax earlier, apply it to indirect emissions from electricity
12 January 2022 - The draft report is part of the legislative procedure for the adoption of the carbon border adjustment mechanism (CBAM)
Summer of 2021 in Europe was warmest ever
12 January 2022 - The last seven years were the warmest on record globally by a clear margin, and 2021 was the fifth-hottest year ever recorded
Most read articles on Balkan Green Energy News in 2021
30 December 2021 - The most important topics for our readers in 2021 were lithium, the coal phaseout and investment in renewable energy in Serbia