EU Greens want CO2 floor price of EUR 50, increase to EUR 150 by 2030
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 member states to receive EUR 17.5 billion in grants for fossil fuel phaseout
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 would have to pay EUR 200 million per year for CO2 emissions
The amount exceeds the total cost of coal power production and it would make the activity unprofitable.
Germany plans to set 2045 target for climate neutrality
Germany plans to bring forward its net zero emissions deadline to 2045, or five years ahead of the European Union’s declared target.
Greece, Romania most active in Southeast Europe in tackling climate challenge
Greece and Romania are the most active among EU member states in Southeast Europe on climate change issues, while Bulgaria is trying to catch up.
Montenegro to set coal phaseout deadline in national energy and climate plan – prime minister
The country is preparing a new energy strategy, which will put priority on renewable energy sources in order to achieve climate neutrality.
Turkey wasting no time preparing for Europe’s carbon border tax
The CBAM, planned for 2023, could drastically change the business conditions for all companies exporting goods to EU.
EU’s CO2 certificates climb above EUR 48 per ton to all-time high
The cost of releasing greenhouse gases within the EU's Emissions Trading System is continuing to set records and nearing EUR 50 per CO2 equivalent
