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Projects in ex-colonies should count toward EU climate goal, Portugal says
Projects in ex-colonies should count toward EU climate goal, Portugal says

E&E News

time28-05-2025

  • Business
  • E&E News

Projects in ex-colonies should count toward EU climate goal, Portugal says

BRUSSELS — Portugal wants to meet its share of the European Union's climate target with green investments in its former colonies. The demand comes as the European Commission prepares its proposal for a blocwide 2040 climate goal. Several governments already want the EU executive to let them count international carbon credits — regulated permits that pay for climate-friendly projects abroad — toward the new target. Lisbon, however, is going one step further. Advertisement Portuguese Environment Minister Maria da Graça Carvalho said the country should also get credit for planet-warming emission cuts that result from Portugal's investments in renewable energy projects in Cabo Verde or São Tomé and Príncipe — the country's former colonies. That should occur, she added, even if those projects are not regulated under the global carbon credit regime.

Portugal to demand EU put pressure on France over power connectors
Portugal to demand EU put pressure on France over power connectors

E&E News

time19-05-2025

  • Business
  • E&E News

Portugal to demand EU put pressure on France over power connectors

Portugal will demand that the European Commission push France for better electricity links to the Iberian Peninsula following last month's crippling power outage, Portuguese Energy Minister Maria da Graça Carvalho said. The low number of cross-border cables means there is less network capacity to balance out blackouts like the massive one that paralyzed Spain and Portugal in late April. Carvalho said she sees this a European Single Market issue. 'We will involve the president of the European Commission on this to make sure that we are all integrated and … we help each other to solve the problems,' Carvalho said in an interview with the Financial Times published Sunday. 'This is a European question; it's not a question between the three countries.' Advertisement Portugal's grid is highly integrated with its Spanish neighbor, which is how the power outage spread easily westward. Spain, in turn, is connected by just a few lines to France.

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