The European Parliament and Council have reached a provisional agreement on a new EU Regulation to reduce energy sector methane emissions in Europe and in its global supply chains.
Methane is a powerful greenhouse gas - the second biggest contributor to climate change after carbon dioxide (CO2) - and is also a potent air pollutant. Wednesday's agreement is crucial to delivering the European Green Deal and reducing the bloc's net greenhouse gas emissions by at least 55 percent by 2030.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.