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Browsing: Europe
EU Moves to Expand Carbon Border Adjustment Mechanism as Industrial Decarbonization Pressures Increase
The European Union is preparing to significantly broaden the reach of its Carbon Border Adjustment Mechanism (CBAM), with member states backing changes that would extend the carbon pricing system beyond basic industrial materials and into a wider range of downstream products.
€25M Austrian Hydrogen Investment Signals Shift Toward Industrial Hydrogen Substitution in Europe
A €25 million green hydrogen project in Austria is moving forward with a final investment decision, highlighting how hydrogen is…
The TERRE replacement reserve platform provided financial benefits averaging €23 million per month across participating countries in 2023, rising to…
Volkswagen Turns to Circular Economy as EU Recycled Content Rules Reshape Automotive Supply Chains
Europe’s upcoming recycled content requirements could force a fundamental restructuring of automotive material flows, with Volkswagen warning that the industry will need to process significantly more end-of-life vehicles to meet future obligations.
EU Strengthens ETS2 Carbon Market Safeguards Ahead of 2028 Launch to Support Climate Transition
The European Union is preparing a major expansion of carbon pricing with the introduction of the second emissions trading system, ETS2, covering buildings, road transport, and additional sectors from 2028.
Wärtsilä is testing a 100% hydrogen fueled engine in Bermeo, northern Spain, in what the company describes as the first large scale demonstration of a pure hydrogen engine supplying electricity to a national grid.
KLM’s flight from Amsterdam to Hamburg this week carried passengers on a 5% blend of synthetic kerosene, the first e-SAF…
Denmark is placing carbon capture and storage (CCS) at the center of its industrial climate strategy with a subsidy package worth up to 16.5 billion Danish crowns, approximately $2.55 billion, for Aalborg Portland’s carbon capture project.
EWE and Salzgitter Secure 10,000 Tons of Green Hydrogen Supply as Germany Pushes Industrial Decarbonization
Germany’s hydrogen economy is moving from strategy papers toward industrial commitments, with EWE and Salzgitter Flachstahl GmbH signing a long-term agreement for the supply of 10,000 tons of green hydrogen annually from 2030.
Powerhouse Energy Joins EU Project to Advance Circular Economy Models for Waste and Low Carbon Energy
Powerhouse Energy Group has joined the Horizon Europe Innovation Action project JUST-CIRCLE, a multinational initiative designed to examine how circular business models can be developed, measured, and scaled across different sectors.
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