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German wind power sector welcomes government offshore terminal funding

The German Offshore Wind Energy Foundation said the government's decision to help fund the expansion of an offshore terminal is important to achieve expansion goals for wind energy at sea.

read more... 25/03/2024

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An EU Carbon Tax Will Upend The Global LNG Market

The global LNG market could face a sea change in prices and trade flows later this decade if the European Union includes LNG in its carbon border tax.

read more... 25/03/2024

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Daily (22.03.2024): European carbon prices fell to their lowest level in a week amid fading buying interest and bearish gas prices

Oil prices edged lower on Thursday, weighed by a stronger dollar and increased optimism of a ceasefire between Israel and Hamas. Despite the relatively subdued stance conveyed by the US Federal Reserve (Fed) on Wednesday, indicating potential future reductions in interest rates, Brent crude oil stood at $85.78 a barrel, while WTI crude settled slightly above $81 a barrel.

read more... 22/03/2024

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Commission presents parliament with Energy Charter Treaty exit plan

The European Commission’s plan to withdraw the bloc from the Energy Charter Treaty while allowing member states the right to remain if they choose was presented to Parliament on Thursday (21 March).

read more... 22/03/2024

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Britain seeks views on 2027 carbon border tax

Britain has launched a consultation on how it should apply a new carbon import levy on some products from 2027 to help to protect businesses against cheaper imports from countries with less strict climate policies.

read more... 22/03/2024

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