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Europe’s largest banks are speeding up the climate and biodiversity crisis – Greenpeace

Europe’s largest banks are speeding up the climate and biodiversity crisis – Greenpeace

Extinction Rebellion and Greenpeace Netherlands protests against Rabobank’s agricultural policies in the Dutch city of Utrecht last year. Photo credit: Marten van Dijl / Greenpeace. By Anders Lorenzen A coalition of green groups led by Greenpeace has in a report, found that Europe’s largest banks have failed to stop investing in climate and nature-destructive projects. The report which was published […]

Despite global uncertainty, 2023 was a record year for wind power in Europe

Despite global uncertainty, 2023 was a record year for wind power in Europe

Photo credit: WindEurope. By Anders Lorenzen Analysis by WindEurope, Europe’s wind power industry group, reveals a record-breaking year for European wind power when it comes to investments in the industry as well as installing new capacity. The report revealed a significant comeback. The wind sector having struggled in 2022 with soaring inflation, interest rates and the volatile energy markets as […]

The EU pledges support for the wind energy sector

The EU pledges support for the wind energy sector

Offshore wind turbines of the coast of Esbjerg, Denmark. Photo credit: AP Photo / Heribert Proepper. By Anders Lorenzen Amidst the trouble faced by the wind sector in Europe, the EU has pledged a package of support measures. Inflation, supply chain issues and rising costs are just some of the problems that Europe’s wind sector is currently facing, which are […]

EU’s carbon price surging towards an all-time high

EU’s carbon price surging towards an all-time high

Photo credit: Reuters / Peter Andrews. By Anders Lorenzen The price of carbon pollution in the EU is nearing record-high levels. In the EU’s carbon market, EU ETS, the cost of emitting a tonne of CO2 on Monday the 20th of February, became close to breaching 100 euros at 98.30 euros. Forecasts of cool weather and expectations of lower wind […]