Ewa Krukowska

The European Union wants to propose an electrification goal for the next decade as part of a plan to strengthen the local market for clean technologies and help shift the bloc away from fossil fuels.

The European Union aims to give its ailing industrial sector more flexibility in an upcoming reform of the bloc's flagship carbon market, while ensuring companies boost investment in clean technologies.

European Union member states will this week debate the impact of the bloc’s controversial methane-emissions rules for importers on the region’s energy security.

The European Union’s executive arm wants to adopt recommendations next week delaying penalties on energy imports that fail to comply with the bloc’s controversial methane emissions regulation.

(Bloomberg) – The European Union's executive arm wants to adopt recommendations next week delaying penalties on energy imports that fail to comply with the bloc's controversial methane emissions regulation.

The European Union aims to offer its ailing industries as many as 10 years of additional support to shift to cleaner production, under a plan to transfer €30 billion worth of allowances from the bloc’s flagship carbon market.

The European Union is set to slow cuts to emission limits in its flagship carbon market over the next decade, giving heavy industry more time to rollout clean technologies while keeping the bloc on track for climate neutrality by 2050.

Dramatic reductions have raised questions about the methods to measure the greenhouse gas

The European Union recommended that member states delay by three years penalties on energy importers that fail to comply with the bloc’s controversial methane emissions rules.

The European Parliament’s environment committee agreed to seek amendments to a key carbon market supply-control mechanism, as part of a plan to prevent an excessive build-up of emission permits in a reserve used to stabilize prices.