Carbon pricing has been the European Union’s cornerstone in the fight against climate change since the start of the Emissions Trading System (ETS) setup in 2005. The ETS functions by imposing a cap on the total emissions allowed in the EU and requiring polluters to submit emission allowances (EUAs) for each tonne of carbon produced during the span of a year. […]
On 8 July 2020, the European Commission adopted its new Hydrogen Strategy. The strategy supports deploying 40 GW of electrolyser capacity by 2030, fostering the decarbonization of hard-to-abate sectors such as international shipping or steel and cement production. In this sense, and due to its versatility, hydrogen could become a pillar of the European Green Deal (EGD). […]
Unprecedented – a word succinctly describing the events of last year. Following the warmest decade on record, 2020 shepherded in unprecedented levels of droughts and wildfires, stronger storms and flooding, and a global pandemic. […]
On 24th December 2020, the EU reached an agreement with the UK on the terms of their future cooperation after four years of intensive negotiation. Building a strong EU-UK partnership in a post-Brexit Europe is indeed in their interest. […]
On Earth Day, 22 April 2016, the UNFCCC Paris Agreement was opened for signatures, aiming to limit the average temperature increase well below 2°C, or even 1.5°C below pre-industrial levels. With both the European Union and its Member States as signatory parties, collective action became imperative in Brussels. […]
Since taking office in December 2019, President of the European Commission Ursula von der Leyen set out an ambitious programme to decarbonize the European Union: the European Green Deal (EGD). Presented on the 11th of December 2019, the EGD envisions a climate-neutral European Union by 2050 […]