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Europe’s big utility are finally ready for renewables

For years the major European utilities have struggled to modernise their business – sticking with fossil fuels and delaying the transition to renewables. That appears to be changing. Where Ceos such as Nrg Energy’s David Crane once lost their jobs for

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EU lacks 118 billion euros in nuclear decommissioning funds

Europe lacks more than 118 billion euros ($132 billion) needed to dismantle its nuclear plants and manage the waste storage management, a working paper by the European Commission seen by Reuters shows. Assets covering only 150.1 billion euros in decommissioning

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Towards Energy Union: The Commission presents sustainable energy security package

The Commission today unveiled a package of energy security measures to equip the EU for global energy transition to address possible energy supply interruptions. Energy security dimension is one of the cornerstones of the Energy Union strategy, a key political

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Europe’s trees have been warming the planet

Trees do wonders when it comes to cooling Earth. They suck planet-warming carbon dioxide from the atmosphere, locking it into their trunks, leaves, and roots to the tune of about 2.4 billion metric tons of carbon each year. But a

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Europe’s climate is changing

A changing climate will affect almost every aspect of our lives. Increased intensity and frequency of rainfall in many parts of Europe will mean frequent and serious flooding events. Elsewhere in Europe, including in southern Europe, higher temperatures and reduced

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Renewable energy in the EU. Which European nations are due to reach their renewable energy targets

Many European nations are far from reaching their current targets on renewable energy consumption, according to figures published by Eurostat. Based on the growth between 2010 and 2013, 11 out of 29 European countries will miss their 2020 targets –

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Europe’s greenhouse gas emissions fall to record low

Greenhouse gas emissions in Europe have plunged to the lowest level ever recorded after the EU’s member states reported an estimated 23% drop in emissions between 1990 and 2014. The bloc has now overshot its target for 2020 of cutting

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How oil flows in and out of every major region around the world

Every major economy around the world is fueled by oil. But most of them don’t produce the oil they use. In its new “Statistical Review of World Energy” report, BP included a map tracking oil trade flows around the world.

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