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EU carbon market's free handouts are impeding climate action, auditors say
The European Union should change the way it hands out free pollution permits in the bloc's carbon market, which is failing to bring about deep cuts in emissions.
World's largest carbon market faces revamp under draft EU plan
The world's biggest carbon trading market faces a major overhaul under European Union climate change plans to cut greenhouse gas emissions faster this decade.
EU makes world's biggest 'green recovery' pledge - but will it hit the mark?
Pledging a record sum of money to slow climate change is one thing. Spending it wisely is another.
German prosecutors search offices in Fiat, Iveco emissions probe
Fiat Chrysler and CNH Industrial offices were searched in Germany, Italy and Switzerland as part of a probe initiated by German prosecutors investigating emissions fraud.
Carmakers need to make deeper CO2 cuts to meet climate goals, EU says
Climate-friendly almond farmers coax life from drying Spanish soil
UK set to double funding for flood action, Treasury says
Britain is expected to double spending on flood defenses to 5.2 billion pounds ($6.78 billion) when finance minister Rishi Sunak delivers his budget, the Treasury said on Saturday, following extensive flooding across the country this winter.