Romania mulls carbon price compensation scheme
The Romanian government is considering introducing a scheme for offsetting the cost of the EU Emission Trading System (EU ETS), but details have not yet been announced, local media reported. The scheme would be available to all companies that are obliged to hold emission allowances. The price of these certificates has increased sharply in the […]
SMARTER Finance for Families: Green mortgages for green homes
Throughout Europe, many homes have not been built to high energy efficiency standards. This keeps energy bills and carbon emissions high, and it contributes to energy poverty, lower levels of comfort for residents, poor indoor air quality, associated health problems, and higher property upkeep costs. Looking to help change how Europe approaches energy efficiency in […]
Scientists find way to turn CO2 back into coal at room temperature
A team of scientists at RMIT University in Melbourne, Australia have found a way to use liquid metals to turn CO2 back into coal at room temperature, a process claimed to be affordable and scalable. Most other carbon capture technologies are thought to be costly without subsidies, as they enable compressing gaseous CO2 into a […]
Resalta enters Macedonian market with energy audit of pharmaceutical company Alkaloid
Resalta, a leading energy service company (ESCO) in South-East Europe (SEE), has officially launched operations in Macedonia with its first project in the country: a comprehensive energy audit of leading pharmaceutical company Alkaloid AD Skopje, according to a press release from the ESCO. Resalta d.o.o.e.l., a subsidiary of Slovenia-based Resalta, was registered in September 2018, […]
Slovenia’s Riko to build EUR 10 million solar power plant in Ukraine
Slovenian engineering company Riko will build a 10.6 MW solar power plant near Zhytomyr in northern Ukraine, local media reported. The company won a tender for the EUR 10 million project. The contract on the construction of the solar power plant was signed by Zhytomyr Mayor Serhiy Sukhomlin and Riko CEO Janez Škrabec. The Slovenian […]
BEAD – Converting commercial properties into intelligent digital buildings saving energy, reducing emissions
Energy consumption in buildings currently accounts for over 40% of all energy consumed in Europe and US. Human behavior alone is the source of 20%-40% of energy waste in buildings. This problem is being addressed by Turkish startup BEAD, an entrant in this year’s clim@ competition for startups organized by the Green for Growth Fund […]
EU to reduce issuing carbon credits by 2,2 percent annually
The European Parliament supported the European Commission’s proposal to reduce the number of carbon credits by 2,2 percent each year from 2021 as against 1,74 percent in the existing legislation. The MEPs are already planning to increase that percentage to 2,4 by 2024 at the earliest, announced the European Parliament. Carbon credits are permits issued […]