Soaring natural gas prices last year disrupted the long-term trend of renewable energies and gas replacing coal in Europe, according to a report by the think-tank Ember released today. “Legislation is the only way to guarantee that coal plants are closed by 2030; volatile gas prices have made it clear
The “Fit for 55” plan to further slash CO2 emissions may cost Poland around EUR 190 billion, according to analysts at the state-owned Polish bank Pekao.
The EU’s original target had been to cut reduce greenhouse gas emissions by 40% by the end of the decade, compared to 1990
Lower value added tax (VAT) rates may be on the horizon for goods and services linked to mitigating climate change, like bicycles and solar panels sold in the European Union. Products contributing to digitalisation and health protection (like face masks) could also see reduced rates.
EU finance ministers agreed to