EU waters down its 2040 climate target in runup to COP30 in Brazil
The EU upheld its proposed 90% emissions cut target for 2040 ahead of COP30 in Brazil, but with substantial workaround possibilities
Renewable electricity should not be subject to EU’s CO2 import tax
The European Commission may solve CBAM's unintended effects on renewables in the Western Balkans, Director of the Energy Community Secretariat Artur Lorkowski said in an interview with Balkan Green Energy News
Serbia proposes taxes on greenhouse gas emissions, imported carbon-intensive products
The draft Law on Greenhouse Gas Emissions Tax and draft Law on Carbon-Intensive Product Imports Tax in Serbia both envisage EUR 4 per ton of CO2 equivalent
Romania preparing to include biomethane in gas grid
Romania has drafted a directive that would regulate biomethane and mitigate the impact of the extension of an EU emissions pricing scheme
Serbia adopts Just Energy Transition Plan until 2030
Serbia now has a Just Energy Transition Plan until 2030, with suggestions how to mitigate of the impact of reducing fossil fuel use
EU’s Modernisation Fund disburses EUR 3.66 billion for clean energy projects in nine countries
Focusing on renewables, grids, storage, and energy efficiency, the funds will support projects in Croatia, Slovenia, Greece, and Romania.
EU outlines measures for 90% emissions cut by 2040
A proposed amendment to the European Climate Law sets a 2040 target of a 90% reduction in net greenhouse gas emissions
Greece to rely on carbon price, renewables potential in green hydrogen development
Despite early efforts to develop green hydrogen and its first regulatory framework, Greece finds itself on a steep curve.