Central Europe / bneGREEN

World Meteorological Organisation issues ‘red alert’ on climate crisis

bne IntelliNews March 27, 2024

The UN’s World Meteorological Organisation has issued a “red alert” on the climate crisis, citing unprecedented increases in 2023 in greenhouse gases, land and water temperatures and melting of glaciers and sea ice.

Only seven countries meet WHO air pollution guideline

by Roberta Harrington in Los Angeles March 19, 2024

IQAir’s 6th Annual World Air Quality Report reveals “troubling details” of the world's most polluted countries, territories and regions in 2023.

EM winners and losers from the global green transformation

Ben Aris in Berlin March 19, 2024

The global green transformation will create a windfall for many Emerging Markets that are home to large deposits of essential raw materials needed for the revolutions, while others like oil producers will take a hit and see their growth slow.

Czech giga factory greenlighted by environmental organisations

Albin Sybera March 14, 2024

Czechia has one of the world's largest car-making industries per capita, but it is struggling to transition to electro-mobility without a battery plant.

Slovenia’s GEN-I eyes €50mn green bond issue

bne IntelliNews March 13, 2024

Green bond issue to be the second by a GEN-I Group company, with the aim of supporting transformative green projects.

Energy-related CO2 emissions increased last year, but slower than in 2022, says IEA

bne IntelliNews March 6, 2024

In 2023, global CO2 emissions from energy rose at a slower pace compared with the previous year.

EU wants fossil fuel companies to help pay to fight climate change

by Roberta Harrington in Los Angeles March 6, 2024

The European Union plans to urge the fossil fuel industry to aid in combating climate change in less affluent countries under a United Nations objective, a preliminary document reveals.

Fusion another step closer?

by Roberta Harrington in Los Angeles February 21, 2024

Fusion, the holy grail of the energy transition, is closer than ever before. But it’s still unclear whether it can be commercialised in time to ward off the climate crisis.

Emission coupon dealer Belektron becomes Slovenia’s top company for sales

bne IntelliNews February 20, 2024

Founded in 2008 outside of the main European financial hubs, Belektron generated sales revenues of €3.16bn in 2023, according to Podjetna Slovenija's ranking.

World must invest $8 trillion in renewables by 2030 to meet COP28 goal

by Roberta Harrington in Los Angeles February 14, 2024

Investment of as much as $8 trillion in renewable energy and half of that in grids and storage is required to meet the goal of tripling renewable energy capacity by 2030, as agreed at COP28 in Dubai in December.

Warning of new ice age in Europe as currents in the Atlantic approach a catastrophic tipping point

Ben Aris in Berlin February 14, 2024

The currents that circulate in the Atlantic are approaching a “tipping point” that will change the way water flows around the oceans of the world, which will have a catastrophic climate impact on countries around the world.

Hydrogen production and demand to grow in 2024, but only slowly

bne IntelliNews February 12, 2024

Hydrogen production and use are expected to grow in 2024, but it remains very expensive to produce and transport, making progress slow.

Oil and gas companies to invest over $1 trillion in the next decade expanding production

bne IntelliNews February 12, 2024

A report from climate campaign group Global Witness reveals that the fossil fuel sector is anticipated to allocate more than $1 trillion worldwide over the next decade for the expansion of natural gas production.

Earth has already passed 1.5 degrees warming, says study

by Roberta Harrington in Los Angeles February 7, 2024

The Earth may have passed 1.5 degrees Celsius of warming and in fact could soon reach 2 degrees, say international researchers who studied 300-year-old sea sponges in the Caribbean.

Serbia signs €2bn renewable energy deal with Chinese companies

bne IntelliNews January 27, 2024

Agreement signed with Shanghai Fengling Renewables and Serbia Zijin Copper is the start of Serbia's largest-ever renewable energy project.

NEO: EU green ambitions under siege amid Red Sea crisis, Russian aluminium ban fears

NEO January 26, 2024

The EU has long positioned itself as a global champion of green energy and the world’s battle against climate change but the Red Sea Crisis and a mooted ban on Russian aluminium imports are undermining those goals.

Low-emissions electricity to outpace demand increase for next three years at least

by Roberta Harrington in Los Angeles January 24, 2024

Low-emissions electricity generation will outpace robust electricity demand growth for the next three years. This is because renewables are growing rapidly and nuclear power is on track to reach a new all-time high in 2025, says a new IEA report.

New wave of online climate denial on the rise

Roberta Harrington in Los Angeles January 21, 2024

A wave of “New Denial” of climate change is rising online, with potentially dire consequences, according to a study.

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