The European Union started work on setting its 2040 climate goals, signaling future policies would require greener consumer lifestyles and more effort from businesses across the economy to meet climate neutrality by the middle of the century.
Eskom Holdings SOC Ltd. is considering buying electricity from a Karpowership plant to be located offshore Mozambique after declining to sign agreements to procure power from facilities the Turkish company planned to moor off the South African coast.
Investment in new wind farms slumped to the lowest in more than a decade in Europe last year, hit by rising costs and red tape that threaten to undermine the region’s energy security and climate targets.
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