Concerns about the “just transition” to a green economy are likely to resurface after the price of carbon on the EU’s emissions trading scheme hit €50 per tonne for the first time this month.
The European Union carbon price hit a record high of above €50 per tonne on Tuesday (4 May), a key milestone in what analysts say is likely a long-term climb towards the price levels needed to trigger investments in innovative clean technologies.
As the EU Green Week kicks off in Brussels, EURACTIV takes a closer look at an essential step towards a net zero emission Europe – the transition away from coal. Armed with the new €17.5 billion-strong Just Transition Fund, the…
Despite carbon prices hitting a record-breaking €50 per tonne on Tuesday (4 May), the chemical industry says additional measures are needed to support the transformation to a net-zero economy.
The European Union’s head of climate change policy warned against policymakers intervening in the carbon market on Friday (7 May), after the price of EU carbon permits soared this week to record highs.
The best way to help the economy recover from the pandemic’s €5.6 billion estimated loss is to promote the vaccine which costs €40 per adult, according to estimates made by the Slovak finance ministry’s value for money department. Non-vaccination and…
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