Latest news
Daily (16.02.2024): European carbon prices surged by over 2% on Thursday amid short covering and rising gas prices
Oil prices surged on Thursday due to escalating tensions in the Middle East, overshadowing ongoing concerns about oversupply and weak demand. Consequently, Brent crude increased by 1.5% to settle at $82.86 a barrel, while WTI crude climbed by about 2% to stand at $78.03 a barrel.
read more... 16/02/2024
.jpg)
Italy awaits EU clearance on $5.2 bln tariff to cover gas storage costs
Italy's energy authority is awaiting clarity from the European Union on whether a planned tariff to cover costs of gas storage filling, potentially worth 4.8 billion euros ($5.18 billion), is in compliance with the single market rules, two sources said on Thursday.
read more... 16/02/2024
Daily (14.02.2024): European carbon prices continued their downward trend on Tuesday amid selling pressure and bearish energy complex
Oil prices finished higher on Tuesday, despite a disappointing inflation report from the United States, which some saw as a sign that demand remains sustained. Hence, Brent crude rose by about 1% to settle at $82.77 a barrel, while WTI crude increased by more than 1.2% to stand at $77.87 a barrel.
read more... 14/02/2024
EU to step up efforts for more carbon markets worldwide
The European Union will increase diplomatic efforts to help countries outside the bloc to launch carbon markets in the hope of fostering international trade of CO2 emissions, the bloc's climate policy chief said on Tuesday.
read more... 14/02/2024
Germany To Replace Nuclear With Natural Gas Plants for $16B
Last April, Germany shut down its last three nuclear power stations, marking the end of the country’s atomic age. The controversial decision came at a time when Europe and the German public was beginning to warm up to nuclear energy in the wake of the continent's energy crisis following Russia’s invasion of Ukraine.
read more... 12/02/2024