Economy

Biofuels

Greenhouse gas (GHG) emissions from the transport sector have increased significantly in recent decades. Biofuels can be used in transport as an alternative to fossil

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About the energy labels

Energy costs can be significantly reduced by using energy-efficient equipment. A labeling system showing energy efficiency characteristics will help. EU energy labeling legislation has been

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Understanding the Proposals of the EU’s ‘Fit for 55’ Package: Carbon Border Adjustment Mechanism (CBAM)

The Carbon Border Adjustment Mechanism (CBAM) is a proposed policy by the European Union to apply a carbon price on imported goods from non-EU countries. The policy aims to level the playing field for European companies that face strict emission reduction targets and costs, while also incentivizing non-EU countries to reduce their emissions. The CBAM would initially require importers to report on the carbon content of their products, with a transition period before the implementation of the carbon pricing mechanism.

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Carbon Trade – Good or Not?

The basic principle of economy is that if the supply is low and the demand is high then the price will be high too. If you need permission to emit green house gases and the “number of permissions” is limited, the price of these will grow.

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