The European Commission plans to propose measures by the end of the year to prevent exporters to the European Union from avoiding the bloc’s carbon border tax. Brussels fears exporters from third countries could ship low-emission goods to the EU, while selling high-carbon products in other markets, without reducing their overall emissions, Reuters reported. The […]
Artificial intelligence (AI) is becoming increasingly important in our daily lives, but its rapid expansion is raising concerns about how much energy it consumes. Google has become the first tech company to publish a report on the energy consumption, emissions, and water use of its AI software, Gemini. Google estimates that the median Gemini text […]
District heating plant Energetika has begun removing coal ash from an uncovered disposal site that has been polluting air and soil for years in the heart of Kragujevac, Serbia’s fourth-largest city. The effort is part of a project financed by an EUR 18 million loan from the European Bank for Reconstruction and Development (EBRD), to […]
Energy modernization projects in nine member states of the European Union will receive a total of EUR 3.66 billion from the Modernisation Fund, in the largest disbursement to date from the facility financed by carbon pricing revenues, according to a press release from the European Commission. The selected projects focus on renewable energy, grid upgrades, […]
The National Alliance for Local Economic Development (NALED) has called on the authorities to establish a regulatory framework that would shield Serbia’s energy-intensive industries from the impact of the European Union’s (EU) Carbon Border Adjustment Mechanism (CBAM), which threatens jobs and businesses employing about 7% of the country’s workforce and accounting for 11% of its […]