carbon emissions
UAE inaugurates 2 GW solar power plant in runup to COP28
23 November 2023 - The Al Dhafra solar power plant in the UAE, with a capacity of 2 GW, was commissioned ahead of the UN Climate Change Conference COP28
EU adopts rules for CBAM transitional phase starting on October 1
18 August 2023 - Importers of electricity, aluminium, cement, fertilizers, hydrogen, iron, and steel to the EU will be charged a carbon border tax from 2026
New IPCC chief plays down climate change gloom: 1.5°C global warming would not destroy humanity
02 August 2023 - Surpassing the 1.5°C mark would lead to many problems, but it would not constitute an existential threat to humanity, says Jim Skea
EU aligns sustainability reporting with global standards, but slammed for ‘watering down’ requirements
01 August 2023 - The new rules have drawn criticism for “watering down” the sustainability reporting requirements and smoothing the way for greenwashing
Bulgaria’s Devnya set to become first carbon-free cement maker in Eastern Europe
22 June 2023 - The project, valued at EUR 750 million, has already received EUR 190 million in financing from the EU Innovation Fund
Montenegro’s biggest retail chain to install 4 MW of solar panels
14 June 2023 - Voli will also install electric charging stations, which will support the transition to low-carbon transportation
ESG – regulations should go hand-in-hand with development to ensure decarbonization
13 May 2023 - Belgrade Energy Forum 2023 brought together companies with developed ESG strategies - Lafarge, A1, UniCredit Bank, BASF, and Interenergo
Montenegro to use carbon credit revenue to subsidize solar panel installation
09 May 2023 - Montenegro raised some EUR 9.26 million in an auction of emission allowances for 2022
Greek industries can save EUR 6 billion through CO2 capture, storage
25 April 2023 - CO2 capture and storage has the potential to generate up to EUR 6 billion for the Greek economy, according to a new study
Bulgarian parliament tells government to abandon CO2 reduction target
13 January 2023 - The parliament has obliged the government to change the National Recovery and Resilience Plan in the section covering energy
US chooses to step up climate action with landmark bill
09 August 2022 - The US Senate has approved a bill that allocates USD 369 billion for combating climate change
BMW building world’s first carbon-free car plant in Hungary
03 June 2022 - The new BMW factory in Hungary will produce electric automobiles entirely without the the use of fossil fuels.