Widely accepted as a “transition fuel” until 2030 to help wean Europe from coal, gas is also positioning itself as a clean fuel beyond that date. But meeting the EU’s 2050 climate goals will require a deep transformation of the sector, amid growing competition from solar and wind power.
Cutting energy use in buildings, ramping up renewable electricity and developing large-scale storage with hydrogen are clear options in bringing energy emissions down to zero by 2050, according to a new study published on Thursday (14 March).
Natural gas will remain “an important component” of the EU’s energy mix for decades to come, but its role will evolve by the mid-century to become a “complement” to wind and solar power, the EU’s energy chief has said in comments that has ruffled feathers in the industry.
Making finance and investments sustainable is essential to achieving a net-zero emissions world by 2050. And energy efficiency has the single biggest role to play, writes Peter Sweatman.
Committing to net zero emissions by 2050 is a unique opportunity for the EU to show its leadership in securing a sustainable future: a future that is good for the planet, people and business, writes Eliot Whittington.
The impact of the transition to net-zero emissions will be positive for the European economy as a whole, despite the significant additional investments it will require, the European Commission says in its 2050 climate strategy, due to be unveiled later...
Business leaders have urged the EU to scrap greenhouse gas emissions by 2050 and increase climate ambition in time to stick to the Paris Agreement, in a letter seen by EURACTIV.
The new long-term climate strategy for the EU can be a tool for a prosperous zero-carbon society if it addresses Just Transition, write Lisa Fischer and Rebekka Popp.
Oil majors are “lagging” when it comes to preparing for the low-carbon energy transition, according to a new report from financial watchdog CDP, which nonetheless praised BP, Eni, Equinor, Total, Repsol and Shell for taking the industry’s lead.
The European Commission has given only cautious backing to a project led by Norway that would see carbon dioxide emissions captured at source from industrial installations and shipped offshore to depleting oil and gas fields where they would be buried ...