McKinsey – Decarbonizing economy requires over USD 9 trillion per year
Achieving the goal of net-zero emissions by 2050 implies global investments of USD 9.2 trillion a year, 3.5 trillion more than today
Energy Community starts renewables certificates project to help accelerate energy transition
The Energy Community Secretariat is creating an electronic system for guarantees of origin to enable consumers to choose green electricity
Agora: Faster decarbonization in Western Balkans would ease impact of EU’s CO2 border tax
The Western Balkans need to step up the integration of their power markets and roll out carbon pricing to avoid the CO2 border tax, Agora said
BlackRock CEO`s message for 2022: We focus on sustainability not because we are environmentalists, but because we are capitalists
Larry Fink said in his annual letter that BlackRock would continue to encourage companies to react to climate change because it has financial significance
Slovenia, Czech Republic to exit coal by 2033
Coal phase-out by 2033 announced Slovenian government, and the new Czech government announced a coal exit for the same year
IEA: Rising demand for electricity could result in high prices over next three years
Average wholesale electricity prices in Europe in the fourth quarter of 2021 were more than four times as high as their 2015-2020 average
Western Balkans need to integrate markets for easier energy transition, funding
A joint approach makes funding green energy and the coal phaseout easier for the Western Balkans, but funding sources are still insufficient
Carbon capture projects failing but still to play role in energy transition
The carbon capture technology is still experimental, but it may have a shot with a proper funding scheme and a functional market
