EU countries reach deal on climate laws after late-night talks

EU countries reach deals on package of green policies Countries agree to support 2035 fossil fuel car ban Compromise on fund to shield citizens from CO2 costs EU countries and Parliament will now negotiate final laws LUXEMBOURG, June 29 (Reuters) – EU countries clinched deals on proposed laws to combat climate change on Wednesday, backing … Read more

Biden administration leans on Tesla for guidance in renewable fuel policy reform

June 23 (Reuters) – US President Joe Biden rarely mentions electric car maker Tesla Inc (TSLA.O) in public. But privately his administration has leaned on the company to help craft a new policy to allow electric vehicles (EVs) to benefit from the nation’s lucrative renewable fuel subsidies, according to emails reviewed by Reuters. The Biden … Read more

After fractious debate, EU Parliament votes to back “biggest ever” carbon market overhaul

BRUSSELS, June 22 (Reuters) – The European Parliament backed reforms to the EU carbon market on Wednesday, allaying fears of a delay to Europe’s climate change policies after lawmakers had rejected the proposals in a first vote this month. The proposals would cut emissions faster under the European Union’s carbon market, the centrepiece of a … Read more

Scientists find massive methane leak at Pemex Gulf of Mexico oil field paper

Gas is flared at the state energy company Petroleos Mexicanos (Pemex) Perdiz Plant, which is unable to process the vast volumes of gas sent from the Ixachi field, outside of Tierra Blanca, Mexico May 4, 2022. Picture taken May 4, 2022. REUTERS / Quetzalli Nicte-Ha Register now for FREE unlimited access to Reuters.com Register MEXICO … Read more

Risk of delay to carbon market reforms after surprise EU vote

EU lawmakers reject proposal to upgrade carbon market Risks delay to upgrade of EU core climate policy Split over whether to boost or weaken other measures War, inflation loom over climate vote outcomes BRUSSELS, June 8 (Reuters) – The European Parliament on Wednesday rejected a proposal to upgrade the European Union’s carbon market, an unexpected … Read more

Exclusive: Biden to waive tariffs for 24 months on solar panels hit by probe

US President Joe Biden walks across the South Lawn after disembarking from Marine One as he returns from Rehoboth Beach, Delaware, with the first lady at the White House in Washington, US, June 5, 2022. REUTERS / Elizabeth Frantz Register now for FREE unlimited access to Reuters.com Register WASHINGTON, June 5 (Reuters) – President Joe … Read more

Germany and Italy approved Russian gas payments after nod from Brussels – sources

A model of the natural gas pipeline is seen in front of displayed word EU and Russia flag colors in this illustration taken March 8, 2022. REUTERS / Dado Ruvic / Illustration Register now for FREE unlimited access to Reuters.com Register Some EU states refuse to comply with Russian payment demands Others approve Russian payments … Read more

EU to map out escape route from Russian fossil fuels

A 3D printed Natural Gas Pipes are placed on displayed EU and Russian flags in this illustration taken, January 31, 2022. REUTERS / Dado Ruvic Register now for FREE unlimited access to Reuters.com Register BRUSSELS, May 18 (Reuters) – The European Commission will on Wednesday unveil a 210 billion euro plan for how Europe can … Read more

EU says legal Russian gas payments possible, warns against ruble accounts

A pressure gauge is pictured at a Ukrainian gas compressor station in the village of Boyarka near the capital Kiev January 20, 2009. REUTERS / Konstantin Chernichkin Register now for FREE unlimited access to Reuters.com Register BRUSSELS, May 17 (Reuters) – The European Commission said on Tuesday opening accounts in rubles at a Russian bank … Read more

Wrangle over EU carbon market revamp threatens climate targets

Smoke billows from the chimneys of Belchatow Power Station, Europe’s biggest coal-fired power plant, in this May 7, 2009 file photo. REUTERS / Peter Andrews Register now for FREE unlimited access to Reuters.com Register EU carbon market in line for biggest overhaul yet At stake is future of EU main climate policy tool Negotiators tackle … Read more