Energy

Companies would retain most of their free allowances under the EU Emissions Trading System even if they failed to carry out required decarbonization investments, under a draft compromise from Ireland, which is steering neg...(read more)

Talks on changes to the EU’s Critical Raw Materials Act are provisionally scheduled to resume on Dec. 9, as national governments have yet to agree on plans for a dedicated raw materials center, MLex understands. Both membe...(read more)

Nord Stream 2 has lost its final appeal against EU gas-market rules governing pipelines linking to non-EU countries. The EU Court of Justice upheld the extension of rules to pipelines connecting member states with states n...(read more)

European Parliament lawmakers backed weaker CO2 emissions targets for new cars and vans Wednesday, partly aligning with demands from France and Germany to ease EU automotive rules. The proposals would allow certain renewab...(read more)

A European Commission plan to reform energy taxation remains under discussion by EU member states, despite being listed for withdrawal in an earlier draft of the EU executive's 2027 work program, the commission has said. T...(read more)

Steel, electric vehicles and critical technologies would be priorities for a new EU-UK “Trusted Partnership” to strengthen supply chains and limit the impact of trade restrictions on each other, according to a draft summit...(read more)

The European Commission plans to withdraw its 2021 proposal to overhaul energy taxation, aimed at taxing polluting fuels more heavily, according to a draft of its 2027 work program, which the commission is expected to unve...(read more)

California should exempt its federally chartered banks from a 2023 law requiring disclosure of greenhouse gas emissions, US Comptroller Jonathan Gould said, citing an “undue burden” on the firms and a distraction for bank ...(read more)