Reduction of CO2 emissions — latest ecology news

Japan wants to achieve zero CO2 emissions by 2050
Japan wants to achieve zero CO2 emissions by 2050

According to the European Commission, the country now ranks 5th in terms of emissions of this pollutant 

EU allocates additional €2.7 billion in ETS revenues for decarbonization and energy efficiency projects
EU allocates additional €2.7 billion in ETS revenues for decarbonization and energy efficiency projects

Among them are projects of modernization of multi-apartment buildings, development of electricity storage systems, reduction of CO2 emissions during heat production, and others

Emissions decline in hard-to-reduce sectors, but do not reach zero by 2050, report finds
Emissions decline in hard-to-reduce sectors, but do not reach zero by 2050, report finds

According to current estimates, prices for products with zero carbon emissions will increase by 40-70%

Brazil launches carbon market
Brazil launches carbon market

Its full implementation will consist of 5 phases

Ukraine has updated its long-term Low Carbon Development Strategy until 2050
Ukraine has updated its long-term Low Carbon Development Strategy until 2050

It fully complies with the climate goals of the EU and the Paris Agreement

The Decarbonization Fund: how it works, where it gets money, who it gives loans to, and what it does so for
The Decarbonization Fund: how it works, where it gets money, who it gives loans to, and what it does so for

Currently, 7 projects have already received funds, another 21 are under consideration

In France and Austria, plastic waste will be recycled into synthetic oil
In France and Austria, plastic waste will be recycled into synthetic oil

This will help reduce emissions in the production of chemicals

The European Commission told what the EU managed to achieve at the COP29 climate conference
The European Commission told what the EU managed to achieve at the COP29 climate conference

Most of the gains are due to increased green investments

COP29 is over: what countries managed to agree on
COP29 is over: what countries managed to agree on

The conference had to be extended in order to adopt the final resolution

Expert warns the world against decarbonization through deindustrialization
Expert warns the world against decarbonization through deindustrialization

He believes that this dangerous trend should be changed as soon as possible

The EU has calculated how effective its carbon market was in 2023-2024
The EU has calculated how effective its carbon market was in 2023-2024

Revenues from EU ETS in 2023 reached €43.6 billion