Lufthansa — which includes Eurowings, Swiss, Austrian and Brussels Airlines — said the surcharge will cover the costs of the ETS for aviation, the SAF mandates (due to come into effect next year) and the U.N.’s Corsia emissions reduction scheme. Also looming is the possibility of a new tax on kerosene. Lufthansa has long complained … Read more
Leading Colorado Democrats and the state’s oil and gas industry announced a preemptive armistice Monday — one that seeks to defuse the latest round of dueling ballot initiatives and legislation aimed at the industry and its environmental impacts. The proposals, described to reporters by Gov. Jared Polis and legislative leadership, include imposing a new per-barrel … Read more
McAllan said: “In this challenging context of cuts and U.K. backtracking [on green policies], we accept the CCC’s recent rearticulation that this parliament’s interim 2030 target is out of reach.” The Scottish government will also scrap its annual emissions reduction targets, which ministers have missed eight times in the last 12 years. They will be … Read more
Over the past few years, the EU has been at the forefront of the fight against climate change and pushing for sustainability across all its policies. As president of the European Commission, Ursula von der Leyen set the tone by presenting in her political guidelines for 2019-2024 the main pillar of the EU’s work during … Read more
According to an online tool set up by the Commission, only 14.9 million trees have been planted so far. Belgium tops the list with more than 5 million, followed by the Czech Republic with roughly 3 million and France with just over 2 million trees planted. To meet the target, the EU would have needed … Read more
As we enter 2024, the world continues to confront financial and environmental challenges on a global and societal scale. Globally, efforts to meet the Paris Agreement’s objectives are falling behind, with the green transition’s investment levels not meeting the necessary targets. This was highlighted by the World Bank’s Senior Managing Director, at the recent EU … Read more
Heavy lifting ahead For her plan to work and to attract the necessary firepower, expertise and resources, Meloni needs buy-in from the EU. European Commission President Ursula Von der Leyen, who could find herself in need of Meloni’s support after the June EU election to secure a second term, has confirmed she will attend the … Read more
“My impression is that the reason why we see this behavior is because they fear getting trapped and overcome by the far right,” Ribera said. Speaking in the Spanish delegation offices at the European Council building in Brussels, she accused the EPP of a “populist style, connected to what Trump may represent” and said the … Read more
LONDON — A new law to introduce annual licensing rounds for North Sea oil and gas exploration is a “distraction” that risks undermining the U.K.’s green “credibility” on the world stage, the country’s former top climate diplomat has warned. MPs will vote on the government’s Offshore Petroleum Licensing Bill for the first time on Monday. But … Read more
Miguel Otero-Iglesias a senior analyst at the Elcano Royal Institute in Madrid. Faced with a choice between successfully completing the green transition, effectively achieving economic security and aiming for fiscal discipline, the European Union is confronted with a new trilemma — and it cannot accomplish all three. But while Germany — with its debt brake, … Read more
