According to new calculations, it may take up to €140 billion in subsidies in Europe for the planned projects to capture and store CO2. Experts criticize that the expensive technology is not a climate solution. There is also a lack of laws and standards.
By Nico Beckert
On Tuesday, the EU finance ministers defined their position for the UN climate negotiations in Baku (COP29). As international climate finance will be the main topic in November, the Ecofin conclusions are of particular importance this time.
By Lukas Knigge
Experts from the Brussels think tank Bruegel believe that an EU climate target of 90 percent CO2 reduction by 2040 is technologically feasible. However, they see risks from trade conflicts, rising interest rates and social resistance.
By Lukas Knigge
The most important negotiations at this year's UN Climate Change Conference in Baku (COP29) revolve around the new global climate finance target. The EU states are pushing for former developing countries such as China and Saudi Arabia to also participate.
By Lukas Knigge
Ursula von der Leyen's new team has no fewer than five people entrusted with climate policy tasks – some of them are political heavyweights. They are all united by the clear directive to combine climate action and economic growth together.
By Lukas Knigge
The Agora Energiewende think tank has examined the macroeconomic impact of the investments required to achieve the EU's 2040 climate target. In addition to Europe's major economic powers, Poland in particular could also benefit.
By Lukas Knigge
Austria has finally presented its plan for achieving the EU climate targets. The focus is on abolishing climate-damaging subsidies. However, there are doubts about how realistic this plan actually is.
By Lukas Knigge
EU regulations stipulate that Germany must reduce its emissions by half by 2030 compared to 2005, particularly in the transport and buildings sectors – but it is far from achieving this. Environmental Action Germany has filed a complaint and calls for urgent, immediate measures, including a speed limit.
By Alexandra Endres
Not enough money for electrification, too much for fossil fuels – experts continue to give EU climate policy a poor report card. There have only been small improvements in individual areas.
By Lukas Knigge
On Monday, Hungary takes over the Presidency of the Council of the European Union. Budapest will therefore also be responsible for the EU's climate and environmental policy. Hungary's presidency will also take place in the shadow of the US elections.
By Lukas Knigge
