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Daily (07.02.2024): European carbon prices posted sharp gains on Tuesday amid strong auction results
Oil prices posted modest gains on Tuesday following a volatile session, mainly driven by geopolitical risks in the Middle East. As a result, both contracts gained about 1%, with Brent crude standing at $78.59 and WTI crude settling at $73.31 per barrel.
read more... 07/02/2024
EU agrees law to boost Green industry at home
The European Parliament and national governments have agreed to boost domestic production of green technologies, such as solar modules and wind turbines, expanding the list to include nuclear power but shying away from excluding Chinese manufacturers for most public subsidies
read more... 07/02/2024
EU recommends ambitious 2040 climate target, goes light on farming
The European Commission recommended on Tuesday that the EU slash net greenhouse gas emissions by 90% by 2040, an ambitious target that will test political appetite for the region's fight against climate change ahead of EU elections.
read more... 07/02/2024
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Wind power outpaced gas plants in Europe for the first time in 2023
Wind power production outpaced gas plants in Europe for the first time last year as fossil fuel electricity generation plummeted, cutting the region's carbon emissions, data from think-tank Ember showed.
read more... 07/02/2024
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Italy to invest in Enel plant to boost solar panel production
Italy will invest in Enel's, opens new tab photovoltaic panel factory in Sicily, supporting its plan to boost production and become Europe's main site for solar panels, Prime Minister Giorgia Meloni said on Saturday.
read more... 06/02/2024