Global green

The European Commission introduced new rules for the production of green hydrogen
The European Commission introduced new rules for the production of green hydrogen

The new rules will apply to domestic producers and importers

Energy reform has reached a dead end because of coal-fired power plants in the EU
Energy reform has reached a dead end because of coal-fired power plants in the EU

EU ambassadors will continue negotiations to reach an agreement in June

The EU made concessions regarding the RES law in favor of ammonia plants
The EU made concessions regarding the RES law in favor of ammonia plants

Achieving the bloc's climate ambitions will lead to high costs for the adaptation of factories, in particular for ammonia production

Global wind power capacity has reached 1 TW
Global wind power capacity has reached 1 TW

By 2050, wind capacity should increase to 8 TW

Experts told how the carbon tax affects international trade
Experts told how the carbon tax affects international trade

Developing countries are concerned about the potential conflict between CBAM and the principle of common but differentiated responsibilities

The European Commission has published rules on CBAM reporting
The European Commission has published rules on CBAM reporting

CBAM will have far-reaching impacts on global trade and the broader energy transition

Norway plans to extract metals critical for the green transition from the ocean
Norway plans to extract metals critical for the green transition from the ocean

Such mining can destroy the habitat of hundreds of species, including those unknown to science

The European Commission was criticized for softening the standards of reporting on sustainable development
The European Commission was criticized for softening the standards of reporting on sustainable development

This will allow companies not to disclose entire parts of their reporting

Carbon emissions fell by 3% in the EU
Carbon emissions fell by 3% in the EU

Emissions from burning coal and oil increased in 2022

170 countries agreed on the fight against plastic pollution
170 countries agreed on the fight against plastic pollution

The agreement should help curb global warming and rid the world of plastic addiction

A company from the UK replaced RES with oil after receiving a green loan
A company from the UK replaced RES with oil after receiving a green loan

In at least one case, the government's export development guarantee scheme during the transition period facilitated greenwashing