Tag: air pollution (9 articles)

Regulation   |   26 April, 2023 at 8:58 AM

EU approves new deep reforms of the carbon market

EU countries on Tuesday gave the final approval to the biggest revamp to date of Europe's carbon market, which is set to make it more costly to pollute and sharpen the 27-member bloc's main tool for cutting carbon dioxide emissions. The world's first major carbon trading system has since 2005 forced power plants and factories to buy permits when they emit CO2 and has cut emissions from those sectors by 43%.

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Energy

Orlen secures €1.8 billion for grid upgrade

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.

Business

OMV Petrom builds sustainable fuels unit

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.

Energy

TotalEnergies and Liquide decarbonize refineries

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.