Spanish Government Extends Windfall Tax on Energy Companies. The Spanish government has decided to extend the temporary windfall tax on energy companies, originally set to expire at the end of 2023. As part of negotiations over a new fiscal plan,…
Developing countries will receive $300 billion annually from wealthy nations to combat climate change, as agreed upon by participants at the COP29 climate summit held in Baku. The agreement, reached late Saturday night, marks a $200 billion increase in funding…
The Climate Investment Funds (CIF) has approved $70 million in support for developing Turkey’s energy infrastructure, aiming to enhance the use of renewable energy sources. These funds are allocated through the CIF Renewable Energy Integration (REI) platform and are expected…
The Export-Import Bank of the United States (EXIM) has offered debt financing of $786 million to support two Australian companies in developing critical mineral supply chains, which are essential for the future of technology and sustainable energy. Support for American…
Spanish Island of Menorca to Invest Nearly €24 Million in Energy Transition Infrastructure. The Balearic Island of Menorca has announced a nearly €24 million investment to support its energy transition. The 2024-2027 priorities include solar installations, energy storage systems, and…
Researchers at McGill University have created a catalyst that turns carbon dioxide (CO2) into methane. This process relies on small copper particles called nanoclusters. Unlike traditional methods of making methane from fossil fuels, which add more CO2 to the atmosphere,…
On June 5, we celebrate World Environment Day, which was created by the United Nations in 1972. This special day reminds us to take care of our planet and encourages activities to protect the natural environment. This year’s theme is…
Reducing carbon emissions in transport and industry is a top priority for Baltic Sea countries. Because of this, in mid-May 2024, the European Commission gave the Project of Common Interest (PCI) status to the carbon capture and transport project in…
With an expert eye Paweł Biegajski, specialist in the field of financing energy projects As climate change effects become more evident, there’s growing focus on carbon dioxide emissions and other pollutants. A key measure of how much a person, product,…
With an expert eye Anna Pawłowska-Kawa, Specialist in the field of ecological heating devices On Tuesday, February 6, 2024, the European Union authorities announced new climate goals, aiming for net greenhouse gas emissions to decrease by 90% by 2040. This…