Now playing Next Green News Why did governments spend €900bn on fossil fuel subsidies in 2022? The International Energy Agency has urged world leaders to spend money on clean energy solutions rather than fossil fuel subsidies. 20/02/2023
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Now playing Next world news Exxon tries to block new EU windfall tax on oil companies The US oil giant argues Brussels went beyond its legal authority by imposing the levy. 28/12/2022
Now playing Next Russia Ban in response to $60 cap on Russian oil agreed by Western countries Moscow has announced a ban on the export of crude oil to countries that have introduced price caps on Russian oil and petroleum products. 27/12/2022
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Now playing Next Europe News Russian oil cap not meant to disrupt markets - Timmermans An EU ban on oil imports from Moscow also came into effect on Monday. 05/12/2022
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Now playing Next Russia Price cap on Russian oil comes into force despite Moscow's threats The $60-a-barrel cap on Russian oil approved by the G7 comes into force on Monday despite Moscow's threats. 05/12/2022
Now playing Next Ukraine Price cap on Russian crude oil exports to come into effect A price ceiling on Russian seaborne crude oil agreed upon by Australia, the EU and G7 nations will come into effect on Monday, with a cap on refined petroleum products due in February next year. 05/12/2022
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Now playing Next Green News Over 600 fossil fuel lobbyists registered at COP27 climate talks “Those perpetuating the world's fossil fuel addiction should not be allowed through the doors of a climate conference”, campaigners say. 10/11/2022
Now playing Next Green News Climate campaigners protest at COP27 despite restrictive rules Protest is limited at the climate conference in Sharl El Sheikh with actions confined to a designated area. 09/11/2022
Now playing Next Green News These European countries are pouring billions into fossil fuels abroad The astronomical funding is a 35 per cent decrease from the 2016 to 2019 period - but nonetheless jeopardises crucial climate pledges. 02/11/2022
Now playing Next Europe News 'Russia will lose the energy battle,' says IEA chief Fatih Birol Europe was by far Russia's largest market and client and "Russia lost this client forever", the International Energy Agency chief said in an interview with Euronews. 28/10/2022
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