Friday

29th Mar 2024

Ticker

Chinese and Indian airlines flout EU carbon rules

Ten Chinese and Indian commercial airlines have not complied with the EU's Emissions Trading Scheme, which charges air companies according to their pollution, EU climate commissioner Connie Hedegaard said Tuesday. "We have given them until mid-June to report back their data," she said, with all other international carriers having complied.

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Opinion

EU Modernisation Fund: an open door for fossil gas in Romania

Among the largest sources of financing for energy transition of central and eastern European countries, the €60bn Modernisation Fund remains far from the public eye. And perhaps that's one reason it is often used for financing fossil gas projects.

'Swiftly dial back' interest rates, ECB told

Italian central banker Piero Cipollone in his first monetary policy speech since joining the ECB's board in November, said that the bank should be ready to "swiftly dial back our restrictive monetary policy stance."

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