Emissions reduction

"Greece is at the center of geopolitical developments in our region and, thanks to the infrastructure it had in Revithoussa, it managed not only not to face the danger but also to support the energy systems of neighboring countries," said Deputy Minister of Environment and Energy Alexandra Sdoukou, at the roundtable on "European Policy for Energy and Climate, Transnational Cooperation and the G

The European electricity industry on Wednesday sent a call to policy makers from Athens, both nationally and at European level, to ensure investments in the networks to be able to meet the goals of the energy transition.

Domestic energy-intensive industries pay up to twice as much as Germany's and three times as much as France's.

This worrying fact for the competitiveness of domestic industry emerges from a study commissioned by the Dutch government to compare the electricity prices of large industrial enterprises in Germany, France, the Netherlands and Belgium.

Capturing carbon dioxide (CO2) from the atmosphere to store underground "sounds too good to be true", a climate expert told AFP, yet the technology to increase its capacity tenfold is already being tested.

The Intergovernmental Panel on Climate Change (IPCC) recognises carbon capture and storage among the solutions for eliminating CO2, without giving it a central place in its models.

Australia unveiled plans Thursday to keep burning natural gas beyond 2050, saying its reliance on the fossil fuel would not derail a pledge to reach net zero emissions in the next 30 years.

Resources minister Madeleine King said gas "will remain an important source of energy" in Australia, outraging environmental groups who branded the Future Gas Strategy a "climate disaster".

G7 energy and climate ministers agreed a timeframe Tuesday for phasing out coal-fired power plants, setting a goal in the mid-2030s, in a move hailed as significant by some environmentalists but described as "too late" by others.

The government is distancing itself from the overambitious goals set by the European Union for the green transition, evaluating the effects on the growth of the Greek economy, the fiscal margins for the subsidies required to achieve these goals, and the endurance of households.

With the aim to bolster renewable energy infrastructure, the European Commission has greenlit funding of 1 billion euros for two key projects in Greece, as reported by the Greek newspaper Kathimerini.

The World Bank has said it is providing $400 million in financing to help women and youth access jobs and economic opportunities being created by the green transition in Türkiye.

BELGRADE - As with any other transition, the only postulate energy transition must meet is sustainability, Serbian Minister of Mining and Energy Dubravka Djedovic Handanovic said on Tuesday.