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28th Mar 2024

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EU study warns of impact of non-CO2 aircraft emissions

A study published by the European Commission on Tuesday revealed that the non-CO2 impacts of air transport contribute twice as much to global warming as aircraft CO2. The report says that nitrogen oxides, water vapour, soot and black carbon, resulting from jet engine processes, were responsible for two-thirds of aviation's climate impact in 2018. The commission is expected to present a strategy for sustainable mobility in early December.

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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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