Global green

Oil and gas giant BP abandons ambitious green strategy
Oil and gas giant BP abandons ambitious green strategy

The company's management called this step a "reboot"

The European Commission proposes to postpone the sale of CBAM certificates until February 2027
The European Commission proposes to postpone the sale of CBAM certificates until February 2027

But you will also have to pay for goods imported in 2026

The EU unveiled the Clean Industry Agreement: a summary of the main points
The EU unveiled the Clean Industry Agreement: a summary of the main points

In particular, it is proposed to create an Industrial Decarbonization Bank with a financing volume of €100 billion

European Commission postpones publication of new EU climate target
European Commission postpones publication of new EU climate target

And there is no specific date when this will happen.

EU carbon market pays polluters instead of funding a clean transition – WWF report
EU carbon market pays polluters instead of funding a clean transition – WWF report

The value of the free quotas provided is in the tens of billions of euros

Turkey prepares to launch pilot phase of its own ETS and develops its CBAM model
Turkey prepares to launch pilot phase of its own ETS and develops its CBAM model

It was previously planned that the system would start operating in 2024

UK green economy grew by 10% in 2024
UK green economy grew by 10% in 2024

This is equivalent to 951,000 full-time jobs

CBAM may be postponed for a year: draft amendments to this mechanism have appeared
CBAM may be postponed for a year: draft amendments to this mechanism have appeared

Also, potentially, 90% of importers will be exempted from the payment

Integration of global carbon markets into EU climate policy: new initiative announced
Integration of global carbon markets into EU climate policy: new initiative announced

It will be implemented with the support of the World Bank

The EU assessed its progress in achieving environmental goals: they did not like the results
The EU assessed its progress in achieving environmental goals: they did not like the results

In particular, a complete failure was recorded in the reuse of materials and an increase in greenhouse gas emissions in agriculture and forestry

A cup of morning coffee has risen in price significantly over the year: how climate change is involved
A cup of morning coffee has risen in price significantly over the year: how climate change is involved

Farmers have to make more efforts to maintain their fields