europe

Exxon Sues Over EU Windfall Tax

Exxon Sues Over EU Windfall Tax

In September, 2022 the European Union (EU) decided that it would tax excess profits from fossil fuel companies in response to the energy crisis. One of those companies, however, is not taking kindly to the so-called “solidarity levy.” Exxonmobil announced on December 28 that it was suing the bloc over the windfall tax. 

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    Europe’s Largest Battery Storage System Goes Live in UK

    Europe’s Largest Battery Storage System Goes Live in UK

    As the UK braces for the first full winter since Russia’s invasion of Ukraine sparked a global energy crisis, it will have a little extra help.  The largest battery storage system on the European continent went live in East Yorkshire on Monday, as Harmony Energy — the company behind the project — announced.  “Battery energy […]

    Wind Turbine Orders Fall in EU, Putting Climate Goals at Risk

    Wind Turbine Orders Fall in EU, Putting Climate Goals at Risk

    According to a report by wind association WindEurope, orders for onshore wind turbines in the EU have fallen to 36 percent in the third quarter of 2022, compared with the same time last year, putting climate targets at risk, reported Energy Live News. The decline was attributed to lagging permit processing, cost pressures from inflation […]

    EU to Ban New Combustion Engine Cars Starting 2035

    EU to Ban New Combustion Engine Cars Starting 2035

    The European Union has come to an agreement deal to ban sales of new combustion engine cars and vans that run on gasoline and diesel fuels by 2035. The deal is part of the EU’s “Fit for 55” package that is meant to reduce greenhouse gas emissions 55% by 2030. With the Fit for 55 […]

    Price Dip of European Gas Shows Volatility of Fossil Fuel Markets

    Price Dip of European Gas Shows Volatility of Fossil Fuel Markets

    The European energy crisis sparked by Russia’s invasion of Ukraine has led to arguments in favor of more oil and gas production. The UK’s former Prime Minister LIz Truss, for example, responded by expanding oil and gas licenses and lifting a ban on fracking.  However, now it turns out that Europe has more natural gas […]

    Burst Nord Stream Pipes Could Be One of the Worst Natural Gas Leaks Ever

    Burst Nord Stream Pipes Could Be One of the Worst Natural Gas Leaks Ever

    The methane leaking from Nord Stream pipes into the Baltic Sea may be one of the worst natural gas leaks in history, scientists say. Although the breached pipes were not in operation, they still contained natural gas when they were damaged. The leaking natural gas primarily consists of methane, a leading contributor to global warming. […]

    Pollinator Gardens on Bus Stop Roofs Grow Across Europe

    Pollinator Gardens on Bus Stop Roofs Grow Across Europe

    Across Europe, more and more bus stops are sporting a new look — with lush green roofs designed to support pollinators. The number of bus stops topped with pollinator gardens is expected to increase another 50% in the UK alone by the end of this year. The “bee bus stops” began popping up in Utrecht, […]

    Russia Shuts Off Nord Stream Gas Pipeline to Europe

    Russia Shuts Off Nord Stream Gas Pipeline to Europe

    Russia indefinitely cut off delivery of methane-based gas to Europe, Gazprom said Friday. The state-owned energy company blamed the Nord Stream 1 pipeline shutdown on maintenance issues, just hours after the G-7 announced a joint cap on Russian oil prices, itself an effort to reduce Russia revenue from foreign fossil fuel sales. The full shut […]