Incoming Commission President Ursula von der Leyen’s pledge to turn Europe into “the world’s first climate-neutral continent” means efforts to green the economy are set to go into overdrive. But where will the necessary funds come from to back the...
A year ago, French Finance Minister Bruno Le Maire urged French banks, insurers and asset managers to stop funding any mines or coal plants. Two weeks before the Climate Finance Day (28 November, Paris), a group of NGOs published a report urging them t...
Switching from coal to gas in power generation is the single most important action Europe can take to get on the path to net-zero emissions by 2050, argues Simon Blakey, a European gas expert.
German energy giant RWE said Monday (30 September) it aims to achieve carbon neutrality by 2040, winding up fossil-fuel activities while building up renewable generation, after taking over parts of competitor E.ON.
As coal-fired power stations close down across Europe, unused carbon pollution permits are slowly building up in the EU’s Emissions Trading Scheme, creating a “coal bubble” that could send carbon prices crashing, campaigners warn.
Germany's federal cabinet has presented a bill to allocate €40 billion to some federal states so they can prepare for structural changes related to transitioning away from coal. However, it remains unclear when the power plants will be shut down. EURACTIV Germany reports.
Africa is still heavily reliant on coal. To protect the climate, leading industrialised countries should help Africa to invest in clean growth and leapfrop to renewables, says former Kenyan Prime Minister Raila Odinga.
A relatively unknown EU fund supports coal and steel research projects. Among other things, the money is used to purchase highly toxic gases and optimise processes in the coal industry. EURACTIV Germany reports.
Replacing Poland’s obsolete coal power fleet is a top political priority for the country, both for environmental and energy security reasons. But even as it steps up renewable energy plans, Warsaw is also pushing hard for new gas and nuclear plants to fill in the gap.