EU — latest ecology news

According to leaders of a number of countries, EU ETS standards are leading to deindustrialization in the name of decarbonization

Energy-intensive industries still account for 27% of CO2 emissions in the European Union

At the same time, emissions from industry are lower than emissions from consumption

At the same time, negative prices are increasingly appearing on wholesale markets, with green energy producers forced to pay extra for its sale

Under the new "climate" mechanism, you have to pay for imports of metals, fertilizers, cement, and hydrogen

The state will compensate for lost income and up to 100% of non-profit investment costs

However, some countries have significantly reduced their emissions, notably Estonia, which has cut emissions by 17.4%

The market reacted to this with a sharp drop in carbon prices

Last year, the EU launched a series of initiatives to meet the KMGBF targets by 2030

The cost of 1 MWh generated by the sun is almost three times lower than gas generation

The funds will be invested in energy modernization and the development of the electric transport network