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
COP26: Western Balkan leaders ask for funds, rules on how energy transition game is played, scrapping endless papers and strategies
Leaders of Western Balkan states urged rich countries at the COP26 to show solidarity in the energy transition to cleaner sources
Romania caps energy prices, rolls out windfall tax for electricity producers
Romania limited electricity and gas prices for households and small businesses and rolled out support for several other categories
EU kicks off EUSEW: sustainable energy is key to overcome energy crisis
Renewables insure the EU against rising energy prices and cut its dependency on fossil fuel imports, Von der Leyen said at the opening of EUSEW
Reality of energy transition: fossil fuel production to grow at least until 2040
Despite the Paris Agreement goals and net zero commitments, fossil fuel producers are on track to significantly boost output through 2040
Timmermans: There is place for gas, nuclear energy in EU energy mix
The European Commission's Frans Timmermans said gas has a future in the energy mix and that EU has nothing against nuclear energy
Bulgaria developing plans to phase out coal by 2040
After the upcoming election, Bulgaria's parliament is set to choose between three scenarios for a coal exit: by 2035, 2038 and 2040
Government in Athens doubles subsidies to protect households during energy crisis
Greece said household power and heating bills would grow only marginally as it earmarked EUR 500 million in subsidies for the energy crisis