The burden of emissions reductions imposed by the EU carbon market has fallen mostly on the power sector, but, as emissions targets deepen, this will have to change. Are Europe’s industrial emitters ready?
Petrostates face a tricky future as the world decarbonises, with declining oil revenues threatening their finances. There is a strong case for industrialised countries to offer more support to less well off producer economies.
Denmark leads the pack for emissions reductions
Western European countries by percentage drop in CO2 emissions from fuel combustion, 1990–19 (Source: IEA)
Drax is out to prove that applying carbon capture and storage technologies to biomass-fired energy production is vital to get to net zero. Energy Monitor spoke to the UK power company's CEO Will Gardiner.
Clean energy companies are proving resilient to the Covid crisis and expectations are growing for a "new normal" that gets the world on track to net zero, but government commitments to a green recovery remain mixed.
If the EU is to reach net-zero emissions by 2050, it needs to ensure the interest rates that underpin its climate modelling help, not hinder, this ambition, writes Brook Riley, head of EU affairs at Rockwool Group.
Clean energy companies Schneider Electric, Vestas, Sunrun, Xcel Energy and NextEra Energy outperformed companies in other sectors over the past year. Their strong performance came as investment in renewables continued to increase in 2020.
Classifying which economic activities contribute to environmental objectives is a central part of the EU sustainable finance agenda. Head of the European Sustainable Investment Forum Victor van Hoorn explains what is behind a new EU 'green' taxonomy.