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EXPLAINED: Eu27 org | Vintage Vibes

How long can the EU’s oil reserves last?

The 400 million barrels of oil released by the International Energy Agency — of which 92 million barrels were contributed by 20 EU countries — could last about five months, according to analysts. The bloc also relies on storage reserves.

Euronews

High carbon costs, negative energy prices: EU confronts electricity price conundrum

EU leaders will discuss options to reduce electricity prices at a March summit. Among them are decoupling electricity from gas prices and addressing the emergence of negative energy prices, which make producers pay consumers for the power they use.

Euronews

EU's climate goals at risk without China's critical raw materials, EU auditors warn

Despite the EU's ongoing efforts to diversify supply chains, Chinese materials are crucial for the bloc's climate transition. China accounts for 60% of global production of critical raw materials and 90% of refining capacity.

Euronews

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EU energy ministers pledge to boost offshore wind power in North Sea

Nine European governments have agreed to expand offshore wind capacity across the North Sea to up to 100 GW by facilitating key cross-border projects. Ministers said the completion of these ambitions will cut electricity costs by 30% by 2040.

Euronews

European Commission to unveil €1.2 trillion plan to upgrade the EU's electric grids, leak shows

The European Commission has identified eight key energy projects under the "Grids Package" to be announced this week, Euronews has learned. The plan aims to increase electricity transmission across the EU27. The EU executive will also endorse storage and hydrogen projects.

Euronews

European Commission keeps Portuguese lithium mine 'strategic' status despite environmental concerns

The European Union is prioritising domestic production of key raw materials to manufacture electric vehicles without becoming reliant on other world powers.

Euronews

Parliament backs 'carbon monitoring' of heavy industry imports into EU

European lawmakers voted to boost heavy industry imports monitoring a few days before the European Commission is due to reinforce legislation for the bloc's carbon border tax.

Euronews

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EU risks channeling climate funds to dirty energy projects, experts say

Scientific experts and civil society organisations criticised the European Commission's decision to consider gas pipelines eligible for EU climate funding for the development of hydrogen infrastructure. Critics say it's greenwashing and expensive.

Euronews

EU seeks to exploit nature-based products for competitiveness push, green groups say

Nature-based products such as biofuels and bioplastics will be looked to as drivers of green growth under a recently announced bioeconomy strategy, but critics are wary of overexploitation.

Euronews

Are carbon rating agencies the key to avoiding greenwashing?

With the European Union reintroducing carbon credits as a tool for industries and businesses to offset their carbon dioxide emissions, carbon rating agencies are ready to help evaluate whether the system actually works.

Euronews

Amazon outlines job initiatives in Europe's low-employment areas

Amazon has outlined to Euronews how it is planning to boost job initiatives in Europe's low-employment areas as it also releases its latest impact report.

Euronews

A Place To Call Home: Standard launches Winter Appeal to help refugees and homeless in London

Refugees and the homeless are London’s two most disadvantaged groups. Our winter appeal, in collaboration with Comic Relief - which has pledged £500,000 to get us started - aims to help them

Evening Standard

Kosovan PM Albin Kurti says talks with Serbia have reached deadlock

Kurti claims EU special envoy to talks has lost neutrality and there is ‘no moving further with this method’

The Guardian - UK

Everything you need to know about the Ghic, the post-Brexit health insurance card

Holding this card – which does not cost anything – means British travellers to the European Union get free or discounted medical treatment

The Independent UK

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Dublin Live

Ireland has second highest food prices in Eurozone, new figures show

All food items in Ireland with the exception of fish were above the EU average

The Guardian - UK

Greens v ‘beefatarians’: Europeans go to war over their dinner

With meat consumption twice the global average, citizens of EU27 have to reconcile environmental concerns and culinary traditions

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