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Daily (10.06.2021): Carbon EUAs gained around 2.5% on Wednesday, lifted by strong auction results and bullish energy prices
Crude oil price growth was counterbalanced on Wednesday by a strong increase in US gasoline reserves and pessimistic views over demand. Consequently, Brent oil stagnated at $72.22 a barrel, while WTI crude edged 0.1% lower at $69.96 a barrel.
read more... 10/06/2021
EU carbon border mechanism to require surrender of certificates
A proposed EU Carbon Border Adjustment Mechanism will require companies importing carbon-intensive goods into Europe to surrender certificates based on their carbon content, according to a leaked draft legislative proposal seen by S&P Global Platts.
read more... 07/06/2021
Cerulean Winds plans floating wind turbine project in UK North Sea
Low-carbon infrastructure developer Cerulean Winds said on Tuesday it has submitted plans to develop a floating wind turbine project in the British North Sea.
read more... 01/06/2021
Negative emissions ‘needed for post-2050 targets’
Negative greenhouse gas (GHG) emissions technologies will be needed not just to reach carbon neutrality by or around 2050, but also for setting targets beyond 2050, a German think-tank says.
read more... 28/05/2021
Dutch Court Orders Shell To Slash Emissions In Historic Climate Case
A Dutch court ordered on Wednesday oil supermajor Shell to slash its carbon emissions by 45 percent by 2030 in a landmark ruling in a climate case brought by environmentalists that could set precedents for other oil companies.
read more... 27/05/2021