European Union (EU) long-term natural gas contracts would not be extended after 2049 under a package of legislative proposals put forward by the European Commission (EC) last week to decarbonize EU gas markets, promote hydrogen and reduce methane emissions. The proposals are part of a broader strategy to cut greenhouse gas (GHG) emissions by 55%…
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EU Firms Up Green Investment Criteria, with Natural Gas Considered Later
The European Commission on Wednesday punted the question of natural gas as an energy transition fuel down the road as it moved closer to making official criteria for what it considers a “green” investment. The College of Commissioners reached a political agreement on the European Union (EU) Taxonomy Climate Delegated Act, which aims to provide…
April 21, 2021
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