Latest news
Daily (21.07.2021): Carbon prices hit a 4-week low following weak auction activity
Crude oil prices closed higher on Tuesday, as the new OPEC+ deal should provide some stability to the market over the coming months in spite of the higher output. As a result, Brent crude oil rose 1.1% to $69.35 a barrel and WTI crude ended up 1.2% to $67.20 a barrel.
read more... 21/07/2021
Daily (13.07.2021): Electricity prices fell on Monday, tracking bearish gas and carbon markets
Oil prices dropped on Monday, on doubts over OPEC's ability to maintain production discipline and signs of reduced demand for black gold. Consequently, Brent crude slipped by 0.5% to $75.16 a barrel and WTI oil edged 0.6% lower at $74.10 a barrel.
read more... 13/07/2021
Daily (08.07.2021): Carbon EUAs lost 2.6% on Wednesday, pressured by sell-off and free allowance allocations
Oil prices fell on Wednesday, amid continued concerns over failed negotiations on crude production by OPEC+ members. As such, Brent oil ended 1.5% lower at $73.43 a barrel, and WTI crude dropped by 1.6% to $72.20 a barrel.
read more... 08/07/2021
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ETC warns on limits to biomass role in energy transition
The Energy Transitions Commission has warned that rapidly increasing demand for biomass and biofuel could exceed sustainable supply, and should only be used in a narrow range of difficult-to-decarbonize applications.
read more... 06/07/2021
Maersk carbon tax proposal may provide advantage
Danish shipping company Maersk's proposal for a $450/t tax on carbon could give it a competitive advantage over others in the industry given its size and financial stability.
read more... 05/07/2021