Tags Climate targets
Tag: climate targets
OMV announced an update of its 2025 climate targets and disclosed its ambition to achieve net-zero emissions in operations by 2050 or sooner.
Primary energy consumption in the EU declined by 0.7% in 2018. A positive development, but a considerable acceleration in this reduction is needed if the 2020 target for energy efficiency is to be achieved.
The average CO2 emissions of both new passenger cars and new vans increased compared to 2017. Manufacturers must reduce emissions of their fleet to meet the stricter targets that apply from this year on.
BIF IV Europe Holdings in cooperation with Mansa Investments, intend to launch a tender offer for 100% of the shares in Polenergia, advised by Dentons, in a move to delist the company from the Warsaw Stock Exchange.
The European Commission has approved a Lithuanian measure to issue a state guarantee for securing a loan for KN to purchase a Floating Storage and Regasification Unit for the LNG terminal of Klaipėda.
Energy think tank Ember has modelled a pathway to a coal-free Czechia by 2030. There is a feasible route, the lowest cost one being a strong focus on wind and solar, without replacing coal generation with fossil gas.
Pál Ságvári has been appointed vice president for international affairs of the Hungarian Energy and Public Utility Regulatory Authority (HEA) and new Vice-Chairperson of the Energy Regulators Regional Association (ERRA).