Late push for coal subsidies upsets EU deal on energy reforms

LUXEMBOURG – Climate Change – A late proposal to extend subsidies for coal plants has upset European Union countries’ plans to on Monday approve a reform of the bloc’s power market, which was designed to shift the electricity system towards cleaner energy. EU countries’ energy… Read More

Fossil fuel company net zero plans ‘largely meaningless,’ report says

LONDON – The number of fossil fuel companies setting net-zero emissions targets has risen sharply over the past year, but most fail to address key concerns, making them “largely meaningless”, a report showed on Monday. Some 75 of the world’s largest 112 fossil fuel companies… Read More