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Green News

'Mammoth' new plant will suck 36,000 tonnes of CO2 a year from the air

A climate tech firm plans to launch this direct air capture plant in the next two years.

Green News

European countries return to coal as Russia threatens to turn off gas

The EU has warned member states not to slide back into dirty fossil fuels as a way of coping with the energy crisis. But what other options are there?

Money

What’s a bear market and should we worry about another global crash?

The US has fallen into a bear market thanks to the Ukraine war, supply-chain issues and a number of other factors. But what does this mean for investors?

Europe News

Poles told to gather firewood amid soaring energy prices

The government said it was taking steps to make it easier for people to collect firewood in an effort to ease the pressure created by sky-rocketing energy bills and shortages of coal.

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Norway

Norway's energy sales growth spurs accusations of profiting from war

As Europe frantically searches for alternative energy suppliers, Norway's natural gas and oil are in high demand. But are remarks that it is profiting from the war in Ukraine fair?

Europe Decoded

Explained: What is LNG and why does the EU want so much of it?

The bloc wants to wean itself off Russian gas using this liquid alternative, which is costlier but more flexible.

Economy

Explained: Why higher gas costs lead to higher food prices

The connection partly lies in fertilisers, which require a great deal of gas to be produced.

Green News

Euroviews. View: We need to keep oil and gas out of climate policy discussions

Chloé Mikolajczak explores how the European Commission has prioritised the fossil gas industry’s advice on the energy crisis above all else.

Germany

Germany backs plans for €9-a-month local transport pass

The move aims to help Germans cope with high energy prices amid Russia's war in Ukraine.

Travel News

Save money on your holiday car hire with these top tips

As the cost of fuel spirals, there are several ways to save money on your car rental while on holiday.

Bulgaria

Bulgaria approves plan to support companies from high energy prices

Bulgaria had relied on Russia for 90% of its natural gas before Gazprom cut supplies in April.

World News

Ukraine halts Russian gas exports to Europe at eastern transit point

Kyiv has accused Russian-backed forces of siphoning off gas and has halted exports, threatening future European supplies.

Eco-Innovation

Largest solar car park in the world opens at Dutch music festival

Spanning 350,000 square metres, this solar-powered car park can generate green energy and help grass grow.

Eco-Innovation

As G7 commits to banning Russian oil, is fermented fuel the answer?

Wheat husks, pulped sugar beets and onion peelings could help curb Europe’s energy crisis, as farmers brew up biogas from agricultural waste.

Greece

Greece unveils new state aid scheme to combat rising electricity bills

Prime Minister Kyriakos Mitsotakis has expressed frustration that the European Union has not agreed on a joint response to the energy crisis.

Green News

What is a windfall tax and how would it help with the cost of living?

Some European countries are already taxing fossil fuel companies for the huge profits they have made during the energy crisis.

Belgium

Germany could cope with Russian oil embargo by end of year — minister

Diplomats say the EU is edging towards a ban on Russian oil imports by the end of 2022. A crisis meeting in Brussels is also seeking unity against Moscow's demand for gas payments in roubles.

My Europe Series

'It will get worse': Euro inflation adds to Lithuania's economic woes

A refugee crisis on the border with Belarus, the COVID-19 pandemic, and the consequences of sanctions against its neighbours all conspire to create a sense of economic uncertainty in the small Baltic nation.

Green News

Europe cuts Russian gas imports: So what are the energy alternatives?

If coal plants are reopened in the EU, we can say goodbye to reaching the net zero targets the bloc has promised to reach.

Europe News

EU allows Spain and Portugal to cap electricity prices temporarily

The political agreement should result in electricity bills being temporarily halved for about 40% of Spanish and Portuguese consumers with regulated rates.