Global green

Climate change will cut global revenues by 20% in 25 years — study
Climate change will cut global revenues by 20% in 25 years — study

Over the next 25 years, climate change will cause significant economic losses in almost every country in the world

Germany allows sale of biological diesel substitute at gas stations
Germany allows sale of biological diesel substitute at gas stations

HVO100 will reduce greenhouse emissions by 90% compared to traditional diesel fuel

EU should invest 600 billion euros in energy infrastructure for a green transition
EU should invest 600 billion euros in energy infrastructure for a green transition

Brussels prefers a new approach to solving the problem: "investment ahead of needs"

Electrification could reduce energy consumption by 2050, according to EDF plan
Electrification could reduce energy consumption by 2050, according to EDF plan

Electrification can reduce energy consumption by transport, buildings and CO2 emissions

Greenhouse gas emissions in the UK decreased by 5.4% in 2023
Greenhouse gas emissions in the UK decreased by 5.4% in 2023

This was achieved due to the reduced use of gas for electricity generation and heating of buildings

What is the CBAM mechanism and how will it affect decarbonization worldwide
What is the CBAM mechanism and how will it affect decarbonization worldwide

CBAM will make importers pay for every ton of carbon emissions associated with the production of imported products

EU Council tightens rules on criminal liability for ecocide
EU Council tightens rules on criminal liability for ecocide

Violating companies will be fined €40 million for the most serious violations

Climate change could increase annual headline inflation by 1.18%
Climate change could increase annual headline inflation by 1.18%

Extreme summer heat of 2022 increased food inflation in Europe by about 0.6%

Germany questions the price of emissions within the ETS
Germany questions the price of emissions within the ETS

Germany already has a national levy of €45 per ton of CO2

Danish companies to receive $109 million for green transition
Danish companies to receive $109 million for green transition

25% of this amount will be directed to projects directly related to the green transition

Due to global warming, cherry blossoms begin to bloom earlier
Due to global warming, cherry blossoms begin to bloom earlier

The economic impact of cherry blossoms in Japan in 2023 was estimated at $4.1 billion