New EU rules for cleaner maritime fuels

Parliament and Council reached a deal on cleaner maritime fuels, asking to cut ship emissions by 2% as of 2025 and by 80% as of 2050, to help the EU become climate neutral. A provisional agreement reached between the European Parliament and Council negotiators sets up a fuel standard for ships to steer the EU

Biofuel crops grown on EU land obstacle to tackling climate change: T&E Report

Europe currently wastes land the size of Ireland on crops for biofuels which are an obstacle to tackling climate change and food security, a new study commissioned by Transport & Environment claims. The study says that this land could be used to feed 120 million people or, if given back to nature, could absorb twice

EU prioritizes five clean sectors for energy shift

The European Union plans to prioritize the growth of five clean technologies – from solar energy to hydrogen – to meet its emissions-reduction goals and stave off competition from the US and China in the race toward a climate-neutral economy. The European Commission, the bloc’s regulatory arm, wants to accelerate permitting procedures for key projects

CEEW suggests emissions trade for India

According to the Delhi-based think tank Council on Energy, Environment and Water (CEEW) India should create a carbon emissions trading scheme (ETS) similar to what the European Union or South Korea have set up. The CEEW recommended a cap-and-trade mechanism for greenhouse gas emissions that can be made applicable to various sectors in order to

EU lawmakers give nod for ban on new fossil fuel cars

The European Parliament formally approved a law to effectively ban the sale of new petrol and diesel cars in the European Union from 2035, aiming to speed up the switch to electric vehicles and combat climate change. The landmark rules will require that by 2025 carmakers must achieve a 100% cut in CO2 emissions from

EU sets up $270 bn for green transition

The European Commission (EC) set out its $270 billion Green Deal Industrial Plan to support Europe’s race to green transition and boost its netzero industry. EC President Ursula Von der Leyen announced the plan at the World Economic Forum in Davos, saying it’s a response to the U.S. Inflation Reduction Act. IRA is the leading

Cyprus in EU top three for fossil fuel usage

Cyprus along with the Netherlands is joint third within the EU for the highest share of fossil fuels in gross available energy at 89 per cent, far beyond the EU’s average of 69 per cent. Cyprus is just behind Malta’s 96 per cent, is in stark contrast to Sweden’s 32 per cent and Finland’s 38

Leading companies from EU ask for future fuels’ clarity

Leading companies from across Europe’s fuel production chain have joined with NGOs to press the European Union’s legislators to provide the clarity and certainty they need to make long term investments in the renewable fuels required for the clean energy transition. In a letter to the EU Council, Parliament and Commission, 47 entities, representing the

EU imported more fossil fuel from Russia than India

External Affairs Minister S Jaishankar has said that Europe has imported six times the fossil fuel energy from Russia than India has done since February 2022 and if a $60,000-per-capita society feels it needs to look after itself, “they should not expect a $2,000-per-capita society to take a hit.” A New York Times report titled

Huge incentives planned for green hydrogen industry

The India government is planning a $2 billion incentive programme for the green hydrogen industry, in a bid to cut emissions and become a major export player in the field. The 180-billion-rupee ($2.2 billion) incentive aims to reduce the production cost of green hydrogen by a fifth over the next five years. It would do