EPS to convert coal-fired power plant Morava to natural gas
The state-owned power utility has announced a tender for the preparation of studies for the construction of the Morava gas power plant
Price of CO2 hits all-time high above EUR 80 per ton
The price of permits for emitting CO2 has increased 140 percent in 2021.
Croatia to invest EUR 2.3 billion in energy renovation by 2030
Croatia intends to energy renovate 6.3 million square meters of multi-apartment buildings by 2030. The structures in the category consume 30 percent of energy in the entire housing sector, and the needed investment is estimated at EUR 2.3 billion. Energy efficiency measures for energy renovation are envisaged by a draft energy renovation program of apartment […]
Coal-based electricity undermines positive impact of electric vehicles
Serbia and Kosovo* are among the worst performers in Europe in terms of EVs’ carbon savings compared with gasoline vehicles due to coal-reliant power grids.
US, China – top two carbon emitters – to cooperate on cutting emissions
China and the United States are seeking to close “a gap between the current effort and the Paris agreement goals.”
How would USD 100 carbon price hike impact world’s economies?
A USD 100 rise in carbon taxes would be a significant shock to the global economy but it falls well within the realms of potential scenarios
Romania to decarbonize its coal power plants with wood pellets
Energy minister Virgil Popescu and Bjørn H. Knappskog, CEO of Arbaflame, have signed a letter of intent with the aim of cutting Paroseni power plant's CO2 emissions
EIB survey: citizens of China and USA more confident from EU citizens about success of their governments to reduce carbon emissions by 2050
According to the European Investment Bank's survey on climate change for 2021-2022, the majority of EU citizens are skeptical about the ability of their countries to successfully reduce carbon emissions by 2050 successfully.