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Top Rigzone News
European Union · BrusselsThe European Commission on Wednesday proposed an EU climate target for 2040 that for the first time will allow countries to use carbon credits from developing nations to meet a limited share of their emissions goal. The European Union executive proposed a legally-binding target to cut net greenhouse gas emissions by 90% by 2040, from 1990 levels - with the aim of keeping the EU on course for its core climate aim to reach net zero emissions by 2050.See the Story
EU to add international CO2 credits to next climate goal
41% Left coverage: 71 sources
FinanceRussia saw its revenues from oil and gas for the budget crash by 33.7% in June from a year earlier—to the lowest level since January 2023, amid weaker commodity prices and a stronger Russian ruble. For June, total budget revenues from oil and gas dipped to $6.3 billion (494.8 billion Russian rubles), according to data from Russia’s finance ministry published on Thursday. Revenues for the first half of the year also fell compared to the same peri…See the Story
Russia’s Oil and Gas Revenues Dip to January 2023 Low
67% Left coverage: 6 sources
