GreenDeal

Major EU Climate Regulation Expected to Raise Shipping Fuel Costs

4 days ago

The European Union is on the verge of implementing a significant climate regulation that is anticipated to increase fuel costs for shipping companies. This forthcoming legislation, set to come into force in 2024, is part of the EU's broader strategy to diminish greenhouse gas emissions from various sectors, including maritime transport.

Europe's Economic Crossroads: Hard Choices Ahead for Sustainable Growth

10 days ago

As Europe navigates the uncertain waters of its economic future, a significant crossroads looms on the horizon. The continent must grapple with the consequences of its economic policies and the pressing need for reform. With growth stagnation becoming a real concern, the European Union faces a choice: undertake the hard work necessary to foster a more robust economy or risk enduring periods of minimal growth.

EU Mulls Overhaul of Carbon Border Levy to Boost Export Competitiveness

1 month ago

The European Union (EU) is contemplating significant modifications to its carbon border adjustment mechanism, a policy designed to level the playing field for European industries facing international competition. This move comes in response to mounting pressures from exporters who argue that the current framework could hinder their competitiveness in global markets.

EU Sees Significant Drop in Emissions as Renewable Energy Production Skyrockets

2 months ago

In a remarkable development, the European Union has reported a significant decrease in greenhouse gas emissions, buoyed by a tremendous surge in renewable energy sources. This trend underscores the EU's ongoing commitment to addressing climate change and transitioning towards a more sustainable energy future.