EU is revising state aid guidelines for climate, energy, environment
The EU is revising state aid rules for the environment and energy. It proposed a competitive bidding system and covering up to 100% of funding gaps.
Investments of USD 131 trillion needed by 2050 to limit global warming
IRENA says planned investments in green energy and new solutions must jump 30% to USD 131 trillion to hold the rise in temperature under 1.5 degrees
Building materials leading CO2 utilization market to USD 550 billion by 2040
Cement and other building materials offer the biggest potential as governments and investors are turning to CO2 utilization
Greece’s Western Macedonia region wants to halt all renewable energy projects
The regional government of Western Macedonia is about to request the suspension of all renewable energy projects and demand a greater role
Winner of XPRIZE Carbon Removal to get USD 50 million from Elon Musk
In the first phase of the global carbon capture and storage competition, XPRIZE will select 15 teams, which will get help in fundraising
Elon Musk offers USD 100 million prize for best carbon capture technology
Elon Musk, founder and CEO of electric car maker Tesla Motors, has said he will donate USD 100 million as a prize for the best carbon capture technology. Musk, who also owns aerospace company SpaceX, pledged the money in a tweet, adding later that he would reveal more details next week. Carbon capture is seen […]
Albanian parliament approves climate change bill
The Albanian parliament has approved a climate change bill, which, among other things, provides a legal basis for adopting a National Energy and Climate Plan (NECP) for 2021-2030 and the foundation for transposing and implementing the EU’s Emission Trading Scheme (ETS) Directive. The law, which passed the Albanian parliament in December, envisages integrating climate change […]
UK pushes forward gasoline, diesel car ban to 2030 in its green plan
The UK rolled out a green for pandemic recovery and moved the new fossil fuel–powered car sales ban target date from 2040 to 2030.
