NEW: The EIB is exploring investing in #nuclear power on the continent for the first time in four decades as political opposition to the technology fades www.bloomberg.com/news/article...

NEW: Brazil is trying to build a coalition of countries, including the EU and China, to unify carbon markets globally as it prepares to host this year’s COP30 climate summit www.bloomberg.com/news/article...

The commission is yet again set to propose a one-year delay of the EU's deforestation law, blaming an IT overload as companies submit their paperwork. It could open the door to further "simplifications" of the regulation, with EPP pushing for a zero-risk category. www.bloomberg.com/news/article...

Exxon is shelving €100 million investments in chemical recycling in Europe due to what the energy giant says are overly restrictive rules on plastics www.bloomberg.com/news/article...

The US is still considering whether to attend the upcoming #COP30 climate summit in Brazil in order to have an “honest dialogue” on the feasibility of the world’s green transition, Energy Secretary Chris Wright told Bloomberg. www.bloomberg.com/news/article...

The IEA's draft annual shows dreams of a peak in fossil fuel demand this decade is a mirage. "The world isn’t performing an “energy transition” but an “energy addition,” where renewables top up oil, gas and coal." Must read from @javierblas.bsky.social www.bloomberg.com/opinion/arti...

The EU was entitled to include gas and nuclear energy in its green rulebook allowing the technologies to tap subsidies and cheaper finance, the bloc’s second highest tribunal ruled in a challenge brought by Austria. www.bloomberg.com/news/article...

Proposals to artificially cool the world’s polar regions to stem the impact of global warming are expensive, unfeasible and potentially dangerous, scientists say www.bloomberg.com/news/article...

The EU is struggling to find takers for subsidies to jumpstart a green hydrogen market following a number of dropouts by potential recipients, potentially stalling the rollout of the clean energy source. www.bloomberg.com/news/article...

This year’s UN climate summit in Brazil planned to bring world leaders, diplomats and other participants into the heart of the Amazon rain forest. Now the event risks being defined by a looming logistical fiasco. www.bloomberg.com/news/article...

"And the climate in Brussels resembles what parts of Croatia were like 25 years ago" And yet, in Brussels, there's still nowhere to swim outdoors to cool off.

Once seen as an American excess or Mediterranean necessity, air conditioning is becoming a fixture of life in Europe www.bloomberg.com/news/article...

Poland’s new energy minister said he supports a moderate path to meet the country’s climate ambitions, allowing some coal-fired power plant to still be used in 2040 www.bloomberg.com/news/article...

The EU’s promise to buy $750 billion of American energy imports over three years was pivotal to securing a trade deal with President Donald Trump, but it’s a pledge it will struggle to keep. It looks like #nuclear will hold the key. Read our take: www.bloomberg.com/news/article...

The EU and China will commit to leading the world in the fight against climate change in a symbolic show of unity as the US steps back under Donald Trump, according to a draft seen by Bloomberg www.bloomberg.com/news/article...

One of the world’s most vulnerable countries to the fallout from climate change has won a landmark legal battle, giving countries new ammunition to pursue some of the planet’s biggest emitters www.bloomberg.com/news/article...

The EU's climate chief @wopkehoekstra.ec.europa.eu told us he expects some of the bloc’s biggest pension funds to help modernize the region's ageing power grids on the quest to net-zero www.bloomberg.com/news/article...

The EU is set to define how BECCS, DACCS and biochar can be used as permanent carbon removal solutions as it looks to boost the nascent technologies in order to meet its ambitious climate goals www.bloomberg.com/news/article...

The EU is set to face an even tougher challenge in passing its ambitious goal to cut emissions 90% by 2040 after a group skeptical of climate change was nominated as the lead negotiator for the bloc’s assembly www.bloomberg.com/news/article...

The heat wave searing Europe is making a compelling case for one of the most ambitious climate targets ever set by Brussels, but many in the EU have yet to be convinced Our preview ahead of today's big announcement: www.bloomberg.com/news/article...

Wars, Trump and Climate Malaise: Brazil Braces for a Tough COP30 www.bloomberg.com/news/article...

The race to host the COP31 climate summit in 2026 is hotting up with Turkey doubling down on its efforts to overcome Australia's bid www.bloomberg.com/news/article...

A group of EU countries want changes to the region’s new carbon market in order to prevent a surge in prices that could trigger a backlash against ambitious climate measures www.bloomberg.com/news/article...

Oslo, Copenhagen, Berlin, Amsterdam, Paris... cities are becoming increasingly swimmable. And yet in #Brussels, things go backwards.... www.theguardian.com/world/2025/j...

The EU’s proposed ban on all Russian gas by the end of 2027 sets the stage for heated debate, with some member states nervous it will boost energy prices and cost companies millions of euros in legal fees www.bloomberg.com/news/article...

NEW: The EU's ambition to scale up nuclear energy as part of its 2050 climate neutrality goal will cost €241 billion, according to a draft document seen by Bloomberg News. Even a five-year delay could see those costs spiral even higher. www.bloomberg.com/news/article...

Hydrogen’s potential as a game-changing climate solution is already in doubt over costs and demand. Yet one of the biggest concerns about the gas is still not fully understood: How much is it contributing to global warming? Scientists are now trying to find out: www.bloomberg.com/news/article...

NEW: The EU is likely to propose a quota as the mechanism to enforce a bloc-wide import ban on Russian gas by the end of 2027, which officials say should provide companies with a legal basis to terminate long-term purchase contracts www.bloomberg.com/news/article...

The EU's agriculture industry is losing €28 billion a year due to increasing climate risks, such as droughts and flooding, according to a new study. That's equivalent to around 6% of production. www.bloomberg.com/news/article...

Another blow for open air swimming in Brussels. A solution before 2030 looks increasingly unlikely, unless they can get the pond at Neerpede - the only really viable project - across the line. www.bruzz.be/brusselkiest...

The UK and EU are expected to signal a new era of climate cooperation by pledging to link their carbon markets to avoid trade levies and reset post-Brexit relations www.bloomberg.com/news/article...

NEW: The EU will work on setting minimum performance standards to curb water usage in data centers as the continent confronts potential shortages over the coming decades www.bloomberg.com/news/article...

Europe’s carmakers will skirt billions of euros of fines for missing 2025 emissions targets after the EU’s main institutions agreed to grant them an extra two years to comply www.bloomberg.com/news/article...

A really interesting/concerning side-effect of EU tariffs on Chinese EVs is that now Beijing is selling record levels of combustion engine vehicles in Europe. Perhaps not what the bloc had in mind. www.bloomberg.com/news/article...

❗️SCOOP: EC preparing a new list to hit about €100bn in US good with additional tariffs if trade talks fail, we’re told List will be shared as early as tomorrow - consultation for a month With Alberto Nardelli www.bloomberg.com/news/article...

💡 BLACKOUT MEGA-THREAD: Last week I was working at the Bloomberg office in Madrid when the humming of the ventilation system suddenly went quiet. That felt quite nice. But when we looked out the windows, we realized traffic lights were off. That's when we knew something serious was going on

The EU will set out its roadmap for how to finally exit Russian gas, nuclear fuel and oil. We've had a look in today's Brussels Edition www.bloomberg.com/news/newslet...

SCOOP: The EU is set to propose measures to ban Russian gas imports by the end of 2027, as the bloc pushes to sever ties with the country that was once its biggest energy supplier www.bloomberg.com/news/article... with @albertonardelli.bsky.social and Ewa Krukowska

SCOOP: US commodity producers will likely avoid strict checks under the EU’s rules to curb deforestation, easing the threat of trade tensions with Trump. Brazil, though, will face a higher level of risk, potentially souring relations with the EU ahead of #COP30. www.bloomberg.com/news/article...

With six months to go until the next all-important global climate summit, the man running the negotiations sees an “uphill battle” with US exiting the fight against climate change www.bloomberg.com/news/feature...

Amid the power blackouts in Spain and Portugal, there was another important -- and more protracted -- electricity story: Germany pushed back against a proposal made by Europe’s grid operators to split its power market. Read more below 👇 www.bloomberg.com/news/article...

The US wasn't invited to the UN-led meeting of world leaders on climate action last week, where China pledged to double down on climate action. And when the US is present at a climate event, their message goes down "like a fart in a phone box." 🎁 link www.bloomberg.com/news/newslet...

Most of Spain and parts of Portugal were hit by a major blackout that impacted power and phone lines at around noon on Monday www.bloomberg.com/news/article...

A "stunning" new open-air swimming pool will open on Saturday in New York's Central Park. Meanwhile, the only temporary one that exists in Brussels is set to close, leaving the city with nothing. www.nytimes.com/2025/04/23/a...

NEW: Climate-forward countries held a private video-call yesterday. In it, Chinese President Xi Jinping promised China's new emissions plan will include all greenhouse gases and encompass the whole economy w @johnainger.bsky.social via @bloomberg.com FREE LINK: www.bloomberg.com/news/article...

World leaders from China to EU joined a private video call organized by the United Nations on Wednesday to discuss climate action without the US www.bloomberg.com/news/article... w/ @lauramillan.bsky.social

It's wild that Brussels, a city of 1.2 million people, has no outdoor swimming space, in a continent that's predicted to warm twice as fast as the global average. The city -- without a government for nearly a year -- is proving itself unable to adapt to climate change. www.bruzz.be/actua/samenl...

The EU is preparing to discuss the idea of a ban on spot purchases of natural gas from Russia as part of a plan to phase out energy imports from the country www.bloomberg.com/news/article...

Brussels only public outdoor swimming space -- the temporary FLOW installation in Anderlecht -- will close at the end of May, leaving Europe's capital free of a spot to cool off during increasingly hot summers. www.pooliscool.org/news/2025/4/...

The EU is planning to outline its roadmap to phase out Russian fossil fuels in early May www.bloomberg.com/news/article...