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G7 countries agree to accelerate coal phase-out

Climate ministers from G7 countries have committed to "further accelerate the transition away from unabated coal capacity" and agreed to end the financing of coal-fired plants overseas, according to a statement issued today.

read more... 24/05/2021

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UK's first carbon auction clears at GBP43.99/mt

The UK's first sale of carbon allowances under its Emissions Trading System cleared at GBP43.99/mt ($62.26/mt) May 19, according to auction host ICE Futures Europe.

read more... 20/05/2021

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UK's first carbon auction clears at GBP43.99/mt

The UK's first sale of carbon allowances under its Emissions Trading System cleared at GBP43.99/mt ($62.26/mt) May 19, according to auction host ICE Futures Europe.

read more... 20/05/2021

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US waives sanctions against Nord Stream 2 developers

The US has waived sanctions against Russian natural gas giant Gazprom for its ownership of the nearly completed Nord Stream 2 gas pipeline to Germany, and against its CEO, according to a State Department report to the Congress on May 19.

read more... 20/05/2021

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European gigafactories essential to supply growing EV demand

With a number of gigafactories currently being built, Europe is becoming a growth market for battery manufacturing, which is essential to ensuring that Europe's fast-growing electric vehicles (EV) market can source locally supplied batteries, according to battery manufacturing panelists at the Bloomberg New Energy Finance (BNEF) Munich Summit May 17.

read more... 19/05/2021

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