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www.reuters.com
EU draft plan targets free carbon credit cut for most industries
Most industries covered by the European Union's carbon market would see free credits cut by the highest possible rate over the next five years under draft plans, potentially costing some of the biggest polluters millions of euros.
Newsletter
www.reuters.com
Transition to low-carbon energy may accelerate after crisis: Shell
The ongoing transition to low-carbon energy sources may accelerate as economies recover from the impact of the coronavirus crisis, the head of oil and gas company Royal Dutch Shell said on Thursday.
EU issues green investment guide to help combat climate change
The European Commission sought to boost the flow of private money to tackle climate change on Tuesday by publishing guidelines on what qualifies as environmentally friendly investment, in a move welcomed by the financial industry.
Volkswagen brand says profitability drive faces climate cost risks
Volkswagen's core VW autos division said on Wednesday that EU requirements on curbing emissions and other climate-related demands would cause profitability to stall between 2018 and 2020.
Newsletter
Diesel collapse gives automakers carbon headache
The accelerating demise of diesel, long used by carmakers to boost fuel-efficiency, is undermining their plans to meet looming European Union CO2 goals and avoid big annual fines.
EU sees higher climate target possible as cost of renewables falls
The falling cost of wind and solar power puts higher renewable energy targets within reach, according to a European Commission study seen by Reuters, pressuring EU legislators to set more ambitious climate goals.
Poland says new EU renewables target very hard to meet
Poland will find it almost impossible to meet an ambitious new target for renewable energy use backed this week by European lawmakers, Energy Minister Krzysztof Tchorzewski said on Thursday.
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