Climate Change

Kopac Coal plants Energy Community profits CO2 priced

Kopač: Coal plants in Energy Community reaping profits as CO2 isn’t priced

09 July 2021 - Producers of electricity from coal and traders in the Energy Community enjoy record profits as they don't have to pay for CO2 emissions, Janez Kopač said

CAN Europe Western Balkans 2030 goals decarbonize 2050

CAN Europe calls Western Balkans to set 2030 goals, decarbonize by 2050

06 July 2021 - Western Balkans need to set ambitious climate targets for the period through 2030 and reach carbon neutrality by mid-century, CAN Europe said

Zoran-Zaev-North-Macedonia-first-in-region-to-set-coal-phaseout-date-–-thermal-power-plants-will-be-shut-down-by-2028

North Macedonia first in region to set coal phaseout date – thermal power plants will be shut down by 2028

25 June 2021 - North Macedonia is the first country in the Western Balkans to make a decision on abandoning coal, announcing it will shut down its thermal power plants by 2028.

Slovenia's mayors set council to secure just transition for coal phaseout

Slovenia’s mayors set council to secure just transition for coal phaseout

22 June 2021 - The government has published action plans for phasing out coal, documents which will help Slovenia to apply at Just transition fund.

Serbia framework issue sovereign green bonds

Serbia preparing framework to issue sovereign green bonds

16 June 2021 - Serbia is getting ready to raise funds through green bonds. CBI head Sean Kidney said they are more attractive to investors than ordinary debt securities.

Serbian government adopts negotiating position for chapter 15 - energy

Serbian government adopts negotiating position for chapter 15 – energy

09 June 2021 - The document is part of the preparation for the intergovernmental conference on the accession of Serbia to the European Union.

Carbon border tax to be imposed on steel, iron, cement, fertilizers, aluminium, electricity - leaked draft

Carbon border tax to be imposed on steel, iron, cement, fertilizers, aluminium, electricity – leaked draft

07 June 2021 - The European Commission is considering a transitional period of three years for fully implementing CBAM, from 2023 until 2026.

Croatia adopts low-carbon strategy emissions to be reduced 80 percent by 2050

Croatia adopts low-carbon strategy: emissions to be reduced 80% by 2050

03 June 2021 - Climate neutrality is difficult to achieve by 2050 with currently available knowledge and technologies, according to the strategy.

Australia’s court finds government has duty to protect young people from climate crisis

Australia’s court finds government has duty to protect young people from climate change

28 May 2021 - The court has ruled environment minister Sussan Ley has a duty of care to protect Australia’s youth from the climate crisis

Western-Balkans-energy-transition-Green-Deal-project

Think tanks supporting Western Balkans accelerate energy transition, reach Green Deal

27 May 2021 - A project implemented by Agora Energiewende will support regional governments in developing strategies and plans for coal phasing out, increasing the share of renewables, and identifying the financing sources. 

G7 agrees to eliminate international funding for coal power generation

G7 agrees to eliminate international funding for coal power generation

25 May 2021 - The group of the wealthiest developed countries became "net zero G7" this year as they all vowed to eliminate net emissions by 2050.

Serbia halts construction of 350 MW coal power plant Kolubara B

Serbia halts construction of 350 MW coal power plant Kolubara B

24 May 2021 - The move could be seen as the first serious step in the energy transition and the decarbonization of the energy sector.

EU Greens want EUR 50 CO2 floor price, increase to EUR 150 by 2030

EU Greens want CO2 floor price of EUR 50, increase to EUR 150 by 2030

21 May 2021 - The Greens in the European Parliament want to increase the CO2 price in order to  phase out coal and achieve 100 percent renewables target.

EU-Parliament-Just-Transition-Fund-for-fossil-fuel-phaseout

EU member states to receive EUR 17.5 billion in grants for fossil fuel phaseout

20 May 2021 - Workers in the coal industry and regions that depend on it in the EU will be able to tap on the EUR 17.5 billion Just Transition Fund

epbih co2 cost EUR 200 million

EPBiH would have to pay EUR 200 million per year for CO2 emissions

13 May 2021 - The amount exceeds the total cost of coal power production and it would make the activity unprofitable.

Germany-climate-neutrality-2045

Germany plans to set 2045 target for climate neutrality

06 May 2021 - Germany plans to bring forward its net zero emissions deadline to 2045, or five years ahead of the European Union’s declared target.

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