Latest news
Daily (01.04.2021): Carbon EUAs rose by 1% on Wednesday amid a record number of market participants
Oil prices were bearish on Wednesday ahead of the next OPEC+ summit. Meanwhile, the market seemed to ignore the EIA’s weekly report showing a decline in US crude reserves. As a result, Brent oil ended 1% down at $63.54 a barrel and WTI crude dropped by 2.3% to $59.16 a barrel.
read more... 01/04/2021
European power prices to ease after 2023 on lower gas prices, renewable capacity gains
European power prices are forecast to remain at current elevated levels until 2023 on capacity closures, slight demand gains and rising carbon prices, according to S&P Global Platts Analytics.
read more... 31/03/2021
UK’s CO2 emissions ‘fell by almost 11% last year’
The UK saw a 10.7% fall in carbon dioxide emissions last year.
read more... 29/03/2021
Brussels rules out double carbon compensation for EU steelmakers
“Several options are being considered” for the EU’s carbon border adjustment mechanism (CBAM), which will impose a carbon price on imported goods coming into the European Union, said Mette Koefoed Quinn, a senior official at the Commission’s climate directorate.
read more... 26/03/2021
EU sees only marginal future role for natural gas
"Instead of waiting for the inevitable, it is better to adapt," Timmermans said as he briefed industry on legislative plans being prepared by the commission to ensure carbon neutrality by 2050. Electrification is the "end game in many areas", he said.
read more... 26/03/2021