Regulation | 29 April, 2024 at 11:00 PM
EP adopts plans to boost Net-Zero technology production
European Parliament passed the Net-Zero Industry Act to boost EU production of technologies crucial for decarbonization efforts.
European Parliament passed the Net-Zero Industry Act to boost EU production of technologies crucial for decarbonization efforts.
The European Parliament has given its final approval to new regulations requiring companies to address their negative impacts on human rights and the environment.
The European Parliament adopted the provisional political agreement reached with EU countries on new measures to improve air quality in the EU.
The European Parliament adopted new measures to make packaging more sustainable and to reduce the quantity of packaging waste in the EU.
All new buildings should be zero-emission as of 2030; new buildings occupied or owned by public authorities should be zero-emission as of 2028.
The Parliament and Council have reached a preliminary agreement on revised regulations aimed at reducing, reusing, and recycling packaging, and promoting the circular economy.
MEPs want stricter limits to achieve zero pollution by 2050.
MEPs back plans to boost the use of renewable energy.
MEPs back plans for a climate-neutral building sector by 2050. Buildings account for 36% of greenhouse-gas emissions. New buildings to be zero-emission from 2028. Member states will establish the measures needed to achieve these targets in their national renovation plans.
The European Parliament votes to reduce member states' emissions by 40%. All EU countries must reduce emissions by 2030 compared to 2005. Reduction targets for each member state are based on GDP per capita and cost-effectiveness.
The European Parliament has approved including REPowerEU measures in national plans to be more independent from Russian fossil fuels, speed up the green transition and tackle energy poverty.
The European Parliament has approved the new CO2 emissions reduction targets for new passenger cars and light commercial vehicles, part of the “Fit for 55” package.
A significant portion of EU grants is allocated to support sustainable initiatives, further driving the rise in these types of loans.
Polish energy group Orlen announced that its subsidiary, Energa Operator, has secured a €1.8bn loan to modernize the power grid, preparing it for the integration of renewable energy sources.
OMV Petrom announced the commencement of construction for a production unit dedicated to sustainable aviation fuel (SAF) and renewable diesel (HVO) at the Petrobrazi refinery.
The European Investment Bank (EIB) is providing a €240 million loan to Slovakia for co-funding of EU-supported green and digital projects across the country.
In line with its 2030 ambition to decarbonize the hydrogen used in its European refineries, TotalEnergies has signed agreements with Air Liquide to develop two projects in the Netherlands.
