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carbon price

MEPs prepare to vote on EU carbon border

Carbon price levied on imported goods should be linked to level set by the bloc’s emissions trading system and should cover the power sector by 2023, according to members of the European Parliament’s environment committee.

EU records annual rise of 7 TWh in third-quarter solar output

European renewables, including Spanish solar, made big gains as energy demand recovered before the second wave of Covid infections. Nuclear was a notable loser, in part because clean energy volumes in the north of the continent drove down power prices sufficiently to make reactors uncompetitive.

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IRENA raises carbon price issue in green hydrogen policy guide

Guide to drawing up national green hydrogen strategies acknowledges the global hydrogen economy could fail to take shape if any of the world’s powers decide to stick with fossil fuels to gain a price advantage.

Europe could double ambition of its hydrogen strategy – white paper

Big brands will have to put their money where there mouth is on carbon commitments, though, and the EU will have to put its shoulder to the wheel, particularly in respect of the commonly-heard call to dispense with red tape. The prize could be a call for 280 GW more renewables capacity by 2030.

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‘China renewables will hit grid parity with new-build coal next year’

Analyst WoodMac says South Korea, Thailand and Vietnam will also join India and Australia next year, among the nations where clean energy projects are cheaper than new coal power plants.

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EU Climate Law dubbed a ‘surrender’ by Thunberg and a ‘disappointment’ by trade bodies and politicians

European Parliament groupings, renewable energy associations and climate activists have voiced disappointment at the EU Climate Law officially unveiled yesterday. Lack of a raised emission-reduction ambition to 2030 is at the heart of the opposition, with critics saying the plan will be insufficient to help prevent global temperatures rising more than 1.5 degrees Celsius.

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Fate of green hydrogen depends on ever cheaper renewables – for now

Analyst WoodMac has spelled out the urgent need to decarbonize the global hydrogen production industry. While the fuel can offer a sustainable grid balancing act for intermittent renewables, in its current fossil-fuel driven form it is pumping out more than 800 megatons of carbon into the atmosphere every year.

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Bigging UP the carbon-free pioneers: Step forward 3S Solar Plus

pv magazine’s UP campaign aims to highlight industry movers who embrace carbon reduction and the circular economy in their operations and Swiss BIPV manufacturer 3S Solar Plus boasts an impressive sustainability record.

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Lowering emissions without breaking the bank in India

A combination of carbon pricing and a renewable portfolio standard for electricity companies in India will be more effective than either measure in isolation to help the nation meet its climate change targets, according to a study by MIT researchers.

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