Friday

29th Mar 2024

Ticker

UN report encourages EU methane cuts

Current technology enables the world to cut methane emissions by 40 percent by 2030, shaving 0.3 degrees Celsius off rising temperatures, the UN said in a report out Thursday, amid EU deliberations on its first-ever methane-cut targets for energy firms, due this year. "If we want to reduce the rate of warming in the near term, methane is the way," Johan Kuylenstierna, one of the UN report co-authors, told Reuters.

Read and decide

Join EUobserver today

Get the EU news that really matters

Instant access to all articles — and 20 years of archives. 14-day free trial.

... or subscribe as a group

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."

Join EUobserver

EU news that matters

Join us