The European Union reached a political agreement on Tuesday to put a carbon dioxide emissions tariff on imports of polluting goods. Among others on the list are steel and cement. This is a groundbreaking program intended to boost European companies as they decarbonize. The decision came about later after an all-night debate. Around five in …
EU reaches agreement on a first-ever border carbon emissions tariff Read More »
The US and the EU noted progress in resolving EU concerns about a US climate plan that would bar the bloc’s electric vehicles from US tax incentives. But, there is still no full solution. After the third ministerial level of the U.S.-EU Trade and Technology Council (TTC) promised to work constructively to resolve it, they …
Tax credits for EU electric vehicles main topic at U.S. trade talks Read More »
Vanuatu’s climate change minister said the COP27 climate talks will be considered a “failure” if they do not end with a new fund for compensation of vulnerable countries to address “loss and damage” caused by global warming. Vanuatu, according to Ralph Regenvanu, was the first country to use the term “loss and damage” at the …
Vanuatu: If no climate damage compensation, climate talks are a failure Read More »
Turkey will aim to reduce the amount of greenhouse gas emission by 41% below business-as-usual levels by 2030, up from 21% now, said Environment Minister Murat Kurum on Tuesday. Kurum stated on the sidelines of the COP27 climate summit in Egypt’s Sharm el-Sheikh that the amount of greenhouse gas emission will peak in 2038 at …
Turkey to raise its gas emission reduction target Read More »
Finance issues took center stage today at the COP27 climate talks. U.N. Experts have published a list of $120 billion projects in that investors could invest money and support them. That will help poorer countries, including African countries, reduce emissions and adapt to the effects of global warming. Among the dozens of projects listed was …
Put the money on the table first: African countries do not trust words anymore Read More »
Nearly 200 countries gathered at the United Nations climate conference in Egypt. The main issue they are clashing over is whether rich countries should pay compensation to vulnerable states. Vulnerable countries are the ones that are hit by climate-related disasters and they insist on loss and damage compensation. The COP27 summit follows after a whole …
What is actually ‘Loss and Damage’ compensation? Read More »
Ten European countries agreed today to outline how they will limit export finance support for overseas fossil fuels projects this year. But they shelved a draft pledge to explicitly end it after Italy objected. At last year’s United Nations Climate Change Conference (COP26), 20 countries, including Italy, the United States, and Germany, pledged to end …
Germany plans to introduce a discounted public transportation ticket next year in order to encourage people to drive less. Also, it will help the country meet its emissions targets. Berlin aims to achieve climate neutrality by 2045. The plan is to reduce its emissions by 65% by 2030 compared to 1990. The country has achieved …
Germany: Cheaper tickets to help public transportation and meet CO2 targets Read More »
Egypt prepares to host the COP27 summit. It is the biggest event on climate and countries are preparing to present their stances. African Union countries already said they will stand firm in fighting for their right, as they said, to use fossil fuels longer due to eradicate energy poverty and poverty in general. China sent …
Message from China: Rich should get out silver spoon when talking about climate Read More »
The European Union reached an agreement this week on a law that will effectively ban the sale of new petrol and diesel cars. This law will come into force beginning in 2035. EU has a goal to speed up the transition primarily to EVs – i.e. electric cars and vans, and at the same time …
No more fossil fuel cars in the EU from 2035, only EVs Read More »
