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Net Zero Emission
Canada's Watchdog Launches Investigation Into RBC Over Climate Complaints
Canada's Competition Bureau has launched an investigation into Royal Bank of Canada (RY.TO) over allegations that the country's largest lender had misled custom…
Austria
Austria Seeks Allies for Legal Challenge to EU Green Investment Rules
Austria said on Monday it was seeking to enlist other European Union countries to support its legal action against Brussels for labelling investment in gas and …
Natural Gas
EU Countries Eye Deal on More Energy Measures Within Weeks
European Union countries will seek a November deal on more emergency measures to tackle high gas prices.
United States
U.S. Senate Votes to Amend Global Treaty to Curb Climate-Warming Gas
The U.S. Senate on Wednesday voted 69-27 to ratify an amendment to the Montreal Protocol that would cut the use of hydrofluorocarbons (HFCs), a major greenhouse…
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…
EU
European Commission – Demand Reduction and Taxes to Tackle Energy Costs
The European Commission has tabled an ‘emergency intervention’ to tackle the spiralling energy prices in the face of the Russia-Ukraine conflict.
Net Zero Emission
IEA Calls for Boost in Hungary’s Renewable Energy Generation
The IEA has released its annual review of Hungary’s energy policy, outlining the current state of renewable generation within the country’s energy mix and out…
EU
Emergency Measures on Electricity Market: Avoid a Patchwork That Undermines Renewables Investments
The European Commission has proposed new rules that would cap the price of wind energy and other so-called inframarginal power generation at €180/MWh.
Energy Saving
EU Parliament Backs Higher Targets on Renewables and Energy Savings
European Union lawmakers voted on Wednesday to raise the bloc's targets to expand renewable power and save energy, backing proposals that had been made more amb…
Energy Saving
Energy Efficiency Needs Priority in Hungary’s Energy Policy – IEA
The IEA has released its annual review of Hungary’s energy policy, stating that energy efficiency needs to be central in the coming years for the European coun…
Oil&Gas Drilling
US Offshore Regulator Seeks to Strengthen Well Control Rules
Proposed changes include altering several adjustments made during the Trump administration
Natural Gas
EU to Propose Crisis Measures to Curb Energy Price Spike
The European Union is set to unveil plans on Wednesday to skim off windfall profits from energy companies and impose cuts in electricity usage across the bloc. …
Hydrogen Production
European Parliament to Vote on Scrapping Green Hydrogen ‘Additionality’ Requirements
Hydrogen Europe presses MEPs to relax toughest regulations on green hydrogen production so European developers can compete with the US
United States
Mexico Eyes Possible Energy Dispute Fix, Welcomes New U.S. ‘Tone’
Mexico on Monday voiced hope it could work out a major dispute with the United States over energy policy as it welcomed a top U.S. delegation and President Andr…
EU
EU Chief to Announce Proposals to Address Energy Crisis
The European Parliament is to meet for a plenary session in Strasbourg on Wednesday
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