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European Union Approves World’s Largest Green Stimulus
On Friday, EU lawmakers agreed to provide a €672 billion recovery fund boost for the EU economy. How green is it? Fairly green — 37 percent of the funding has to go to projects that help the climate. Unfortunately, there’s…
Making Green Hydrogen a Cost-Competitive Climate Solution
Hydrogen produced with renewable electricity could compete on costs with fossil fuel alternatives by 2030, according to a new report from the International Renewable Energy Agency (IRENA) published today. A combination of falling costs for solar and wind power, improved…
Climate Action in Europe: EU ETS Emissions See Big Drop in 2019, Latest EEA Assessment Shows
Greenhouse gas emissions from stationary installations covered by the European Union’s Emissions Trading System (ETS) dropped by 9.1 percent in 2019 from 2018 levels, the largest drop in a decade, according to the latest European Environment Agency (EEA) briefing on…
Wider Use of Carbon Markets to Boost Net-Zero Future
If more countries start recognizing the catalytic potential of carbon markets, the cost of achieving their climate mitigation targets will go down. This will make it easier for countries to step up ambition of their climate efforts and aligning more…
Leading Renewable Players Urge Governments to Re-align Recovery Measures with Paris Agreement
With the Paris Agreement celebrating its fifth anniversary this week, all eyes are on the world’s governments to urgently scale-up climate action. In a renewed call to action, over 100 leading renewable energy players, as members of the International Renewable…
ABB’s 1,000th Fast Charger in Norway Marks Key E-Mobility Milestone
The installation of the 1,000th ABB fast charger in Norway represents a key milestone for the country in its ambitious journey towards achieving a zero-emission economy. Norway’s ambitious plans to move away from fossil fuels include targets to cut CO2…
IRENA and Ocean Energy Europe Partner to Drive Ocean Energy Industry
The CEO of Ocean Energy Europe (OEE), Rémi Gruet and the Director-General of the International Renewable Energy Agency (IRENA), Francesco La Camera, signed a Memorandum of Understanding (MoU) today at the annual Ocean Energy Europe Conference & Exhibition. The partnership…