EU plans support for heavy industry’s climate challenge
The European Union will review state aid rules and launch a project to produce clean hydrogen to replace fossil fuels to help European firms to maintain a competitive edge in Continue Reading
Facing recession, Europe grasps for ways to limit damage
Suddenly staring recession in the face, European leaders are lining up an array of tax breaks, financial support for companies and likely central bank measures in the hope of preventing Continue Reading
European Commission announces Clean Hydrogen Alliance
The European Commission (EC) presented a broad new European Industrial Strategy to help Europe’s industry lead the transition towards climate neutrality and digital leadership. The Strategy sets out the key Continue Reading
Leaked report says UK net zero climate goal may increase air pollution
Unintentional increases in air pollution may arise from efforts to reach net zero emissions in the UK Marcin Rogozinski/Alamy A widespread switch to burning hydrogen to heat UK homes has Continue Reading
Russia says it can deal with pain of a Saudi oil price war
Russia said it could withstand low oil prices for as long as a decade, setting the stage for a prolonged battle with Saudi Arabia after talks over further production cuts Continue Reading
Russia says can cope with $25-$30/b oil as ruble hits 4-year low
The Russian government Monday said the domestic economy could withstand oil prices falling to $25-$30/b and that Russia would maintain its share of the global oil market after the ruble Continue Reading
Germany’s Push for Wind Power Encounters Resistance
Germany has set some of the most ambitious goals of any nation for shifting from fossil fuels to greener energy. Now the centerpiece of that push—onshore wind power—is slumping, prompting Continue Reading
Tesla’s Success in Europe Catches Industry Off Guard
Until recently European auto executives regarded Tesla with something like bemusement. The electric car upstart from California was burning cash, struggling with production problems, and hedge funds were betting it Continue Reading
Climate change: UK ‘can’t go climate neutral before 2050’
The report says people will need to fly less The UK cannot go climate neutral much before 2050 unless people stop flying and eating red meat almost completely, a report Continue Reading
Europe to unveil EU-wide hydrogen fuel partnership
Europe will this week announce plans for a new EU-wide partnership to develop clean hydrogen fuel technologies, as Brussels seeks ways to accelerate its push towards carbon neutrality. Plans for a Continue Reading