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Eu
Digital Innovation Hubs – A New Approach in Europe
The Digital Innovation Hubs are designed as a ‘one stop shop’ to support companies to digitalise their business.
Carbon Emissions
Carmakers Nearly as Carbon-Heavy per Euro as Oil Firms - NGO
The lifetime carbon emissions of a car are so high that investing in car companies funds almost as much carbon per euro as investing in an oil firm.
France
French Grid Operator RTE to Return More Than 1 Bln Euros to Clients
France's power grid operator RTE said it intended to return more than 1 billion euros ($961 million) to its clients at the start of 2023, a total matching this …
EU
EU Countries Eye Delay to Levy on Fossil Fuel Windfall Profits - Document
European Union countries are considering an option to delay by a year a levy on the windfall profits of fossil fuel companies, as they hunt for a deal on emerge…
Natural Gas
Group of Countries to Push EU for Gas Price Cap
A group of European Union countries want to push Brussels to produce plans this week for a bloc-wide cap on the price of gas, according to a draft letter seen b…
Carbon Emissions
Emirates Steel Arkan Teams up With Japanese Companies to Produce Low-Carbon Steel
Partners plan to build a ferrous raw material production facility in Abu Dhabi to meet growing demand for green steel
Natural Gas
Gazprom Says It Sees Gas Shipments to Europe via Ukraine Stable on Monday
Russia's Gazprom said on Monday that it will ship 42.4 million cubic metres of gas to Europe via Ukraine toda.
Crude Oil
APPEC EU Sanctions, Price Cap on Russian Oil to Raise Shipping Hurdles
Oil markets are bracing for the biggest shift in global trade flows ever as nearly 3 million barrels per day of Russian crude oil
Hydrogen Project
EU Approves up to $5.2 Billion in Public Funding for Hydrogen Projects
Hydrogen has a diverse range of applications and can be deployed in a wide range of industries.
Carbon Neutral
Japan Starts Carbon Credit Trading Trial at Tse
Japan started trial trading of carbon credits on Thursday at the Tokyo Stock Exchange (TSE) as the world's fifth-largest carbon emitter aims to create a nationw…
Thermal Coal
HSBC Fund Arm Toughens Thermal Coal Policy to Curb Climate Change
HSBC Holdings Plc told Reuters on Thursday it will stop financing the expansion of thermal coal from funds it manages actively with immediate effect, marking an…
Natural Gas
Greece Extends Energy Bill Subsidies Ahead of ‘Winter Battle’
Greece will pay out a further 1.1 billion euros in power bill subsidies in October to shield households and businesses from the impact of soaring energy prices …
Hydrogen Project
EU Gives Green Light for $5.2 Bln in State Aid for Hydrogen Development
The European Commission on Wednesday said it has approved 5.2 billion euros in public funding by 13 EU member states aimed at boosting the supply of renewable a…
Natural Gas
Shorter Showers, Slower Driving and an Eiffel Tower Blackout: How Europe Plans to Cut Gas Usage This Winter
From cutting down on showering time to 5 minutes, fining shopkeepers for not closing their doors and driving slower, Europe is embarking on a goal to reduce gas…
Nuclear Power Plant
France Prepares to Nationalize Its Struggling Nuclear Industry
The French government already owns 84% of Électricité de France, but it is now planning to fully nationalize the company just as the company warns of a huge 2…
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