Friday

29th Mar 2024

Ticker

German gas emissions drop 4.2 percent in 2018

Germany's government said greenhouse emissions in 2018 dropped by 4.2 percent, the largest drop since 2009. Warmer weather and more expensive fossil fuels were behind the fall, it said. NGOs such as Greenpeace criticised the lack of German government policy behind the emissions drop. "A warm winter cannot substitute successful climate policy. Germans simply used their heating less," said Greenpeace.

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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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