National emission trading schemes better option for EnC Contracting Parties than cross border carbon tax
Introduction of national emission trading schemes similar to the EU ETS is the best solution for CO2 pricing in the Energy Community.
Strong political will and access to European electricity market – key enablers of RES integration challenges in Western Balkans
Authors: REPCONS project team of key experts Experts from the Western Balkans see energy transition as a development opportunity for countries in the region that allows building modern, environmentally and climate-friendly power systems by 2050. Decarbonization of the power sectors needs to be achieved dominantly through the application of solar photovoltaic and wind power technologies, […]
EU preparing CO2 tax for products from other countries
The European Commission launched public consultations on taxation rules that would help its climate agenda. It expressed the intention to revise the internal Energy Tax Directive and to introduce a carbon border adjustment mechanism in line with the European Green Deal. The latter, effectively a CO2 tax, could be applied for imported and domestic goods […]
EU cuts Just Transition Fund to EUR 10 billion in COVID-19 recovery deal
The European Council reached an agreement on the seven-year budget through 2027 including a mechanism for the recovery from the effects of the coronavirus pandemic worth EUR 750 billion. The EU heads of state and government gave the green light for EUR 10 billion for the Just Transition Fund from the COVID-19 war chest, slashing […]
Carbon prices jump in EU, taking industrial pollution costs to 14-year high
Expenses for greenhouse gas emissions at factories and energy producers briefly surged to a level unseen since 2016. As the EU tightens environmental regulations and polluters are suffering from rising carbon costs, green technologies are becoming more profitable. Uncertainty and the lockdown measures throughout the world to curb the spread of the coronavirus devastated the […]
EU launches first call for proposals under Innovation Fund for clean technologies
The European Commission has launched the first call for proposals under the EUR 10 billion Innovation Fund, which will finance breakthrough technologies for renewable energy, energy-intensive industries, energy storage, and carbon capture, use and storage. The fund is expected to help boost the EU economy’s green recovery following the COVID-19 crisis. The first call will […]
Introduction of emissions trading is request of our time and no matter of choice
With the adoption of the climate change law and the introduction of an emissions trading system, Montenegro solidified its position as the region’s leader in energy transition. It seems the political elite and experts have no doubts on which way to go, which is best seen in the words of Ešef Husić, Director General of […]
Top 3 CO2 emitters for 2019 in Bulgaria, Croatia, Greece, Cyprus, Romania, Slovenia
Lignite power plants are occupying the most positions on the 2019 list of the top three CO2 emitters in the EU member states in the region. The facilities hold 10 out of 18 positions in total in Bulgaria, Croatia, Greece, Cyprus, Romania, and Slovenia. After coal-fired power plants, the second-largest group of emitters are cement […]
