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Daily (14.10.2022): High LNG and Norwegian flows weighed on British near-term gas prices
Oil prices rose on Thursday amid reduced levels of diesel inventories ahead of winter. Moreover, a leak was discovered in the Druzhba pipeline that delivers oil from Russia to Europe. As a result, Brent crude settled 2.3% higher at $94.57 a barrel. At the same time, WTI crude gained 2.1% at $89.11 a barrel.
read more... 14/10/2022
Daily (03.05.2022): European carbon prices decreased by 1.7% on Monday as compliance interest wane
Crude oil prices diverged on Monday, with Brent crude declining by 1.6% at $107.58 a barrel as concerns of slowing economic growth in China outweighed fears of a potential supply cut from a looming EU-wide ban on Russian oil. In contrast, US WTI crude futures rose by 0.5% to settle at $105.17 a barrel, tracking the rally in the diesel market.
read more... 03/05/2022
Europe Is Subsidizing Its Way Into Electric Vehicle Leadership
As Europe looks to lead the world in electric vehicle (EV) uptake, many governments are incentivizing the switch from traditionally-fuelled cars to electric alternatives, hoping to end the sale of petrol and diesel vehicles and get on the path to net-zero carbon emissions over the next decade. As major automotive manufacturers catch up with niche EV brands such as Tesla, Europe is ready to build up its EV market through incentives such as subsidies, free electric charging options, tax breaks, and a wide variety of EV options for consumers. Several European countries are now leading the way for EV promotion, racing to get ahead of rich Asian nations and North American competitors also looking to make the shift.
read more... 09/09/2021
Blue hydrogen 20% worse for GHG emissions than natural gas in heating
Burning low-carbon hydrogen for heating is significantly worse for the environment than using natural gas or diesel, a scientific study published Aug. 12 has found.
read more... 12/08/2021
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Britain to ban all new diesel and petrol heavy goods vehicles from 2040
Britain will ban the sale of new petrol and diesel heavy good vehicles from 2040 as part of a broader package of green initiatives aimed at achieving net zero emissions from all forms of transport ten years later.
read more... 14/07/2021