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Daily (08.05.2018): Carbon prices jumped by 4.6% on Monday on long-awaited announcement of EU aviation allowance auctions
Oil prices hiked on Monday due to forecasts for higher prices on gasoline and consumer goods. Brent futures rose $1.3, or 1.7%, to end at $76.17 a barrel. WTI crude surged by 1.5% to settle at $70.73 a barrel, for the first time above $70 level since late 2014.
read more... 08/05/2018
Daily (03.05.2018): European carbon prices declined by 2.4% on Wednesday
Oil prices increased on Wednesday as the U.S. dollar dropped from its peak for the year after the Federal Reserve left its benchmark interest rate constant. Brent crude was 23 cents, or 0.3%, up at $73.36 a barrel. WTI futures added 1% to end at $67.93 a barrel.
read more... 03/05/2018
European Investment Bank will offer €50 million for the construction of nine wind parks in Spain
The European Investment Bank (EIB) alongside with the Investment Plan for Europe, has inked a €50 million loan accord to fund a wind power project developed by the Spanish company Forestalia Renovables.
read more... 03/05/2018
Finland plans to completely phase out coal by 2029
Finland’s environment minister declared the country would prohibit the use of coal in energy production in 2029. The Finnish government is also looking for a large-scale subsidy programme that will reward energy companies for abandoning fossil fuel before the expected time frame, as stated by EURACTIV.
read more... 30/04/2018
Seven member states insist that EU should spur climate objectives
Officials from a group of seven member states are nudging the EU to strengthen climate policies and ensure their alignment to Paris agreement on climate change.
read more... 27/04/2018