The European Union wants to propose an electrification goal for the next decade as part of a plan to strengthen the local market for clean technologies and help shift the bloc away from fossil fuels.
The European Union wants to propose an electrification goal for the next decade as part of a plan to strengthen the local market for clean technologies and help shift the bloc away from fossil fuels.
The EU bet is that home-grown clean electricity would not only help achieve its climate goal of reducing emissions by 90% by 2040 from 1990 levels, but will also strengthen the bloc’s energy security. Photographer: Krisztian Bocsi/Bloomberg
The European Union aims to give its ailing industrial sector more flexibility in an upcoming reform of the bloc’s flagship carbon market, while ensuring companies boost investment in clean technologies.
The European Union aims to give its ailing industrial sector more flexibility in an upcoming reform of the bloc’s flagship carbon market, while ensuring companies boost investment in clean technologies.
A blast furnace in Germany. Photographer: Krisztian Bocsi/Bloomberg
The European Union aims to give its ailing industrial sector more flexibility in an upcoming reform of the bloc’s flagship carbon market, while ensuring companies boost investment in clean technologies.
The European Union aims to give its ailing industrial sector more flexibility in an upcoming reform of the bloc’s flagship carbon market, while ensuring companies boost investment in clean technologies.
A blast furnace in Germany. Photographer: Krisztian Bocsi/Bloomberg
The European Union aims to give its ailing industrial sector more flexibility in an upcoming reform of the bloc’s flagship carbon market, while ensuring companies boost investment in clean technologies.
The European Union aims to give its ailing industrial sector more flexibility in an upcoming reform of the bloc’s flagship carbon market, while ensuring companies boost investment in clean technologies.
A blast furnace in Germany. Photographer: Krisztian Bocsi/Bloomberg
The European Union wants to propose a sustainability rating system for data centers to encourage greater energy and resource efficiency as the sector’s rapid expansion strains power grids and the environment.
The European Union wants to propose a sustainability rating system for data centers to encourage greater energy and resource efficiency as the sector’s rapid expansion strains power grids and the environment.
The EU's proposal aims to cut energy and water consumption by data centers. Photographer: Jason Alden/Bloomberg
Talks between the UK and the European Union on linking their carbon markets as part of a post-Brexit reset are exposing differences over issues including free permits and the British emissions cap.
Talks between the UK and the European Union on linking their carbon markets as part of a post-Brexit reset are exposing differences over issues including free permits and the British emissions cap.
The EU plans to exempt palm oil derivatives used in medicines and soybeans used for sowing from its landmark rules tackling global deforestation in its latest attempt to blunt the law’s impact on sensitive sectors.
The EU plans to exempt palm oil derivatives used in medicines and soybeans used for sowing from its landmark rules tackling global deforestation in its latest attempt to blunt the law’s impact on sensitive sectors.
The European Union’s biggest steelmakers, including Salzgitter AG and SSAB AB, urged policy makers to avoid weakening the bloc’s flagship emissions market and to support strengthening its carbon border levy.
The European Union’s biggest steelmakers, including Salzgitter AG and SSAB AB, urged policy makers to avoid weakening the bloc’s flagship emissions market and to support strengthening its carbon border levy.
An employee works in the blast furnace at the Salzgitter mill in Salzgitter, Germany.
An initiative by a group of European Union governments to amend the bloc’s methane-emissions regulation gained momentum after Germany endorsed the push, arguing that some provisions could threaten energy security.
An initiative by a group of European Union governments to amend the bloc’s methane-emissions regulation gained momentum after Germany endorsed the push, arguing that some provisions could threaten energy security.
The European Union plans to make its flagship carbon market more resilient by introducing dynamic controls on the supply of emission permits, with the aim of preserving liquidity and preventing price spikes.
The European Union plans to make its flagship carbon market more resilient by introducing dynamic controls on the supply of emission permits, with the aim of preserving liquidity and preventing price spikes.
Glass panels surround the lantern-shaped structure inside the European Union's (EU) new Europa building, also known as the Space Egg, ahead of a Eurogroup meeting of euro-area finance ministers in Brussels, Belgium, on Thursday, Jan. 26, 2017. Greece has less than a month to iron out disagreements with its creditors over how to move forward with a rescue package that has been keeping the country afloat since 2010. Photographer: Jasper Juinen/Bloomberg
The European Union plans to make its flagship carbon market more resilient by introducing dynamic controls on the supply of emission permits, with the aim of preserving liquidity and preventing price spikes.
The European Union plans to make its flagship carbon market more resilient by introducing dynamic controls on the supply of emission permits, with the aim of preserving liquidity and preventing price spikes.
Glass panels surround the lantern-shaped structure inside the European Union's (EU) new Europa building, also known as the Space Egg, ahead of a Eurogroup meeting of euro-area finance ministers in Brussels, Belgium, on Thursday, Jan. 26, 2017. Greece has less than a month to iron out disagreements with its creditors over how to move forward with a rescue package that has been keeping the country afloat since 2010. Photographer: Jasper Juinen/Bloomberg
The US, Qatar and other natural gas exporters are urging the European Union to ease some of its pending methane emissions rules, warning that the regulations could threaten the bloc’s energy security.
The US, Qatar and other natural gas exporters are urging the European Union to ease some of its pending methane emissions rules, warning that the regulations could threaten the bloc’s energy security.
Fumes rising from the cooling tower of a power station near Niederaussem, Germany.
The US, Qatar and other natural gas exporters are urging the European Union to ease some of its pending methane emissions rules, warning that the regulations could threaten the bloc’s energy security.
The US, Qatar and other natural gas exporters are urging the European Union to ease some of its pending methane emissions rules, warning that the regulations could threaten the bloc’s energy security.
Fumes rising from the cooling tower of a power station near Niederaussem, Germany.
A group of 12 European Union countries urged the bloc’s executive to bolster a fund financed through the carbon market which supports poorer member states in the transition away from fossil fuels.
A group of 12 European Union countries urged the bloc’s executive to bolster a fund financed through the carbon market which supports poorer member states in the transition away from fossil fuels.
The European Commission is due to unveil a reform of the carbon cap-and-trade program on July 15. Photographer: Chris Ratcliffe/Bloomberg
The biggest political group in the European Union’s parliament is considering pushing for carbon market changes to safeguard the region’s industrial competitiveness and curb excessive price swings.
The biggest political group in the European Union’s parliament is considering pushing for carbon market changes to safeguard the region’s industrial competitiveness and curb excessive price swings.
Coal barges at the port beside the Thyssenkrupp Steel Europe AG steel plant in Duisburg, Germany, on Monday, Dec. 9, 2024. Thyssenkrupp aims to lower personnel costs by about 10% on average over the coming years.
European Union member states approved a controversial update of benchmark values for the bloc’s carbon market, taking a key step toward distribution of free allowances to companies in the flagship emissions trading system.
European Union member states approved a controversial update of benchmark values for the bloc’s carbon market, taking a key step toward distribution of free allowances to companies in the flagship emissions trading system.
Cooling towers at a lignite coal-fired power plant, in Peitz, Germany.
The European Union is developing plans to cut taxes on renewable energy and make electricity systems more flexible as high costs continue to weigh on the region’s economy.
The European Union is developing plans to cut taxes on renewable energy and make electricity systems more flexible as high costs continue to weigh on the region’s economy.
A cleaning robot at a EDP SA solar farm in Avila, Spain, on Tuesday, July 1, 2025. Big technology companies are driving demand for electricity produced by renewable projects as the firms invest in artificial intelligence and data centers, according to EDP SA, a developer of wind farms and solar energy projects in the US and Europe.
The European Union plans to stagger the sale of €30 billion ($35 billion) of carbon permits, seeking to ensure that its push to help industries finance a shift to clean energy doesn’t depress emissions prices.
The European Union plans to stagger the sale of €30 billion ($35 billion) of carbon permits, seeking to ensure that its push to help industries finance a shift to clean energy doesn’t depress emissions prices.
Wind turbines near rapeseed fields in Doetlingen, Germany, on Friday, May 2, 2025. Friedrich Merz sought to move past an embarrassing stumble as he took power in Germany, vowing to reboot the economy and revive the country’s military. Photographer: Krisztian Bocsi/Bloomberg
The European Union is considering a temporary freeze to its price cap on Russian oil as the war in the Middle East continues into a fourth month, said people familiar with the matter.
The European Union is considering a temporary freeze to its price cap on Russian oil as the war in the Middle East continues into a fourth month, said people familiar with the matter.
Oil storage tanks stand at the RN-Tuapsinsky refinery, operated by Rosneft Oil Co., as a tanker sails beyond in Tuapse, Russia, on Monday, March 23, 2020. Major oil currencies have fallen much more this month following the plunge in Brent crude prices to less than $30 a barrel, with Russia’s ruble down by 15%.
Polish lawmakers in the European Parliament’s biggest political group are calling for a deep carbon-market reform as a war-driven surge in energy prices highlights the bloc’s industrial competitiveness issues.
Polish lawmakers in the European Parliament’s biggest political group are calling for a deep carbon-market reform as a war-driven surge in energy prices highlights the bloc’s industrial competitiveness issues.
Emissions rise from an oil refinery in Plock, Poland.
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