Decarbonization — latest ecology news

Italy will allocate €6 billion for the production of green hydrogen
Italy will allocate €6 billion for the production of green hydrogen

It is expected that government support will facilitate the production of 200,000 tons of renewable hydrogen annually

The EU is allocating an additional €2.7 billion for industrial decarbonization projects
The EU is allocating an additional €2.7 billion for industrial decarbonization projects

Implementation of these projects will reduce emissions by 210 million tons of CO2 over the first ten years

A relaxation of the EU ETS? The EU is set to review free emission allowances in the coming days
A relaxation of the EU ETS? The EU is set to review free emission allowances in the coming days

In addition, there are plans to allocate €30 billion to support industrial decarbonization projects

Oil and gas companies have cut spending on environmental projects by 30% over the past year
Oil and gas companies have cut spending on environmental projects by 30% over the past year

Analysts consider the U.S. government's consistent crackdown on the clean energy sector to be a key factor

Italy has allocated only 9% of its EU ETS auction proceeds to climate measures
Italy has allocated only 9% of its EU ETS auction proceeds to climate measures

In addition to the misuse of funds, analysts have noted a lack of comprehensive reporting

Spain has come out in defense of the EU ETS, calling for the suspension of the system
Spain has come out in defense of the EU ETS, calling for the suspension of the system

As early as this week, European leaders will discuss options for lowering energy prices at a summit

Biomethane could completely replace natural gas if €40 billion were invested in the sector
Biomethane could completely replace natural gas if €40 billion were invested in the sector

If there is a complete transition to biomethane, greenhouse gas emissions will drop by 50 million tons

Ukraine needs EU funding to decarbonize its industry – Metinvest
Ukraine needs EU funding to decarbonize its industry – Metinvest

Ukrainian steel industry cannot compete with EU businesses due to the bloc's environmental requirements

Top 5 strategic documents currently being worked on by the Ministry of Economy
Top 5 strategic documents currently being worked on by the Ministry of Economy

The main thing is that they do not remain just ambitious intentions on paper, as is often the case with us

"A step backwards": eight European countries oppose weakening the EU ETS
"A step backwards": eight European countries oppose weakening the EU ETS

This is seen as a retreat from climate ambitions and a threat to market stability

The EU has no plans to halt the EU ETS emissions trading system, says European Commission Vice-President
The EU has no plans to halt the EU ETS emissions trading system, says European Commission Vice-President

At the same time, no changes in the pricing system should be expected in the energy market either