Renewables and nuclear power accounted for a record 66% of electricity production across the EU during the first half of 2021, with clean energy proving far more resilient to the pandemic than fossil fuels.
Raising taxes during an economic downturn might seem counterintuitive but it could be the key to Covid-19 recovery. The secret lies in which taxes to raise: when it comes to impacts on the economy, jobs, and the environment, not all taxes are created equal.
The post-Soviet state has increased its climate ambition but campaigners say it could do more to insulate draughty housing and promote clean energy.
Emirates NBD is providing 2 billion Egyptian pounds (over $127.35 million) of financing for the construction of a new agricultural wastewater treatment plant in Upper Egypt. Called Al – Hamam, the facility will have a treatment capacity of 6 million m3 per day.
From 2023 to 2028, a carbon tax will be applied, at slowly increasing levels, to coal, liquified petroleum gas, fuel oil, petcoke and gas, in a move expected to cover about 80 percent of Israel’s greenhouse gas emissions.
Only 15 per cent of China’s newly added post-Covid-19 national and municipal bonds went to green, sustainable, or low-carbon projects, says Greenpeace. China approved a fiscal stimulus package of 6.35 trillion yuan (US$984 billion) in May last year to help the country’s economic recovery after the pandemic.
The UK government’s spending plans on tackling climate change “don’t add up” to its ambitions, the World Wildlife Fund (WWF) has warned.
Under new subsidy plans announced by his department, farmers will be offered up to £70 per hectare to take up regenerative techniques, including mixed farming systems where crops are cultivated alongside livestock to help boost soil health.
The negotiating team for the European Union at the ongoing World Trade Organization talks on harmful fishery subsidies is insisting that any deal allow for continued tax exemptions for fuel purchases.
As the United States staggers through another year of devastating wildfires, drought, storms and other calamities, the infrastructure bill before Congress would pour major resources into a response. The measure agreed to over the weekend includes billions of dollars to better prepare the country for the effects of global warming, in what could be the largest investment in climate resilience in American history.
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