EU

All news and posts of our editorial team on the topic

EU Commission plans to regulate ESG ratings
The EU Commission wants to create a legal framework for ESG ratings by rating agencies and make ratings clearer and more transparent. A legislative proposal is to be presented in mid-June. There are now around 150 agencies worldwide that offer ESG ratings. The largest and most important players, on which the market is heavily focused […] continue reading →
EU and Mercosur tussle over climate pledges
The EU Commission is urging Brazil and the other Mercosur countries to commit to certain sustainability goals as part of the planned trade agreement. Criticism is now mounting in the four countries – it will come down to a test of strength. continue reading →
EU Taxonomy: environmental associations sue EU Commission
It was a bang when the EU Commission announced on New Year’s Day 2022 that investments in nuclear and gas-fired power plants would also be considered “sustainable” in the taxonomy. On Tuesday, environmental groups filed a complaint against the decision with the EU Court of Justice.The EU wants to use the taxonomy to channel more […] continue reading →
EU climate target 2040: CCS only in ‘extreme niche areas’
After the EU Commission began the process of setting a climate target for 2040, some MEPs in the EU Parliament are calling for a more restricted role for technological CO2 capture and storage (CCS). Tiemo Wölken (SPD) criticizes that too many sectors still believe that “they only have to pursue ‘silver bullets’ such as CCS […] continue reading →
Climate change threatens regions in China, the USA and India the most
Among the 50 regions worldwide most threatened by climate change are predominantly provinces and cities in China, the USA and India. A global ranking of the regions most vulnerable to extreme weather events in 2050 shows that 16 of the 20 most vulnerable areas are in China alone. The coastal province of Jiangsu, which accounts […] continue reading →
Florian Rothenberg – ETS analyst and energy saver
It took a few years, but European emissions trading has now grown into an effective climate instrument. This week, the price for one tonne of carbon has passed the “magic mark” of 100 euros. Florian Rothenberg follows the trading closely. He is an emissions trading analyst at the information service Independent Commodity Intelligence Services (ICIS) […] continue reading →
Climate in Numbers: Carbon price reaches 100 euros per metric ton
The European carbon price exceeded the threshold of 100 euros per metric ton for the first time on Tuesday. The new record high – for the right to emit one ton of carbon within the European Emissions Trading System (ETS) – was 100.70 euros at midday on Tuesday. It is considered a historic and, for […] continue reading →
EU Court of Auditors: 729 million euros in climate aid almost ineffective
EU financial resources intended to help countries in the Global South cope with climate impacts have failed to have the hoped-for effect. There has been no measurement of whether people’s situations have improved, nor has there been sufficient focus on the needs of those most affected by climate change. Moreover, the aid had not always […] continue reading →
EU climate targets for trucks: Industry protests
The EU Commission wants to cut emissions from trucks significantly in the near future. Unlike for passenger cars, however, the Commission’s proposal presented on Tuesday does not initially envisage a total phase-out of the internal combustion engine for trucks.Manufacturers of trucks, buses and light trucks are to reduce the emissions of their new vehicle fleet […] continue reading →