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In 2021, Brazil's worst drought in almost a century threatened its electricity supply. [6] [7] Brazil relies on hydropower for two-thirds of its electricity.[8]Euractiv reported that European Commissioner for Climate Action Frans Timmermans told the European Parliament in Strasbourg that "about one fifth" of the energy price increase "can be attributed to rising CO 2 pricing on the EU's carbon ...
The strategy includes a minimum 10% electricity interconnection target for all member states by 2020, which the Commission hopes will put downward pressure onto energy prices, reduce the need to build new power plants, reduce the risk of black-outs or other forms of electrical grid instability, improve the reliability of renewable energy supply ...
The record-high prices in Europe were driven by a global surge in demand as the world quit the economic recession caused by COVID-19, particularly due to strong energy demand in Asia, [60] [61] as well as lowered supplies of natural gas from Russia to the European Union. [62]
In addition, due to the effects of the COVID-19 pandemic on the fossil fuel and petrochemical industry, natural gas prices dropped so low for a short time that gas producers were burning it off on-site (not being worth the cost to transport it to cracking facilities). Bans on single-use consumer plastic (in China, the European Union, Canada ...
The EU agency also monitor KPIs for Europe (a group of more than 50 countries considered as Europe by the ECDC) and found 2,235,109 cases and 184,806 deaths reported as COVID-related in Europe. [ 5 ] By 27 June, 1,216,465 cases and 132,530 deaths had been reported in the EU, according to the ECDC communicable disease threats reports from Week ...
Inflation fell from an annual 4.3% in September as fuel prices fell by 11.1% and painful food inflation slowed, to 7.5%. ... Europe's inflation eased to 2.9% in October thanks to lower fuel prices ...
To reduce emissions of greenhouse gases by 20% by 2020 taking 1990 emissions as the reference. To increase energy efficiency to save 20% of EU energy consumption by 2020. To reach 20% of renewable energy in the total energy consumption in the EU by 2020. To reach 10% of biofuels in the total consumption of vehicles by 2020. [6]
More than 47,000 people died in Europe due to scorching temperatures in 2023, with countries in the region's south hit the hardest, according to a report by the Barcelona Institute for Global ...