IEA’s Birol: Climate change is indifferent to geopolitical rivalries
IEA's head Fatih Birol warned that governments need to separate climate issues from geopolitics on the pathway toward net zero emissions
Italy to store its captured CO2 in Greece from 2030
Carbon capture and storage (CCS) is a new technology that may allow industries to reduce their CO2 footprint
Grants approved for world’s largest carbon removal projects
The US gave a green light for up to USD 1.2 billion in grants for two carbon DAC and storage hubs planned in Louisiana and Texas
Three carbon capture projects in Balkans get grants from EU’s Innovation Fund
The EU selected Motor Oil Hellas, Titan Cement and Holcim's subsidiary in Croatia among 41 firms for grants from the Innovation Fund
ArcelorMittal Belgium to get EUR 280 million in state aid to decarbonize steelmaking
ArcelorMittal will substitute one of the two existing blast furnaces with a direct reduction iron plant and phase in green hydrogen
Bulgaria’s Devnya set to become first carbon-free cement maker in Eastern Europe
The project, valued at EUR 750 million, has already received EUR 190 million in financing from the EU Innovation Fund
Wabio from Germany to build 20 biogas plants in Serbia
German company Wabio is building a biogas facility in Nova Crnja in northeast Serbia as part of a new EUR 400 million investment cycle
EU to abolish free CO2 emission allowances for companies in 2034
The EU has passed the reform of the CO2 Emissions Trading System including a carbon border tax and passed a law on the Social Climate Fund