Europe News
COP30: EU backs global carbon market alliance to cut CO2 emissions
The European Union and Brazil urged other countries to embrace mechanisms that put a price on carbon and develop carbon markets to finance global climate action. Critics argue the decision could undermine domestic climate ambition and jeopardise financing for restoring natural carbon sinks.
Europe News
Oil and gas majors demand massive public support for carbon capture
The clock is ticking on a legal deadline for the petroleum industry to deploy carbon capture and storage (CCS) infrastructure – a technology it has championed for decades – at an unprecedented scale by the end of the decade.
Europe News
Green groups wary as EU bets on future carbon capture
As EU officials host a two-day summit on carbon capture and storage (CCS) in the south of France, environmental groups are questioning the underlying assumption that the technology is a viable way to keep billions of tonnes of planet-heating CO2 out of the atmosphere.