A collection of 35 posts
On Tuesday, the benchmark EU Allowance (EUA) price for carbon hit EUR 50.05 /ton for the first time since it was introduced back in 2005. Analysts argue this is a sign that carbon prices will be at the price levels needed to trigger investments in innovative clean technologies. The
On 22 April, Ford Europe announced it would invest USD 300 million in Romania to build new light commercial vehicles in its Craiova plant starting from 2023. The Romanian investment was announced weeks after Ford having disclosed it would turn its factory in Cologne, Germany into its European EV automotive
In an op-ed for Euobserver, Attila Steiner, secretary of state for circular economy, energy and climate at the Ministry of Innovation and Technology describes Hungary’s position in the climate politics with the following sentence: “If you can’t beat ’em, join ’em’ – and when you do so, try to
Sustainable-bond issuance surged to a record high in the first quarter as more countries and companies looked to tap into growing demand from investors across the globe. Environmental concerns have risen for many investors in recent years as the world steps up its transition to a low-carbon economy, while the
After 14 hours of negotiations concluded Wednesday in the early hours, representatives of the member states agreed to cut emissions 55% by 2030 compared to 1990 levels. Europe aims to become climate neutral by 2050, and by reaching an agreement they found a legally binding way to enshrine that objective