Latest news
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
European Commission, France flag growing support for carbon border levy
Support is building for a European levy on imports from countries with easier carbon emissions standards, senior European Union and French officials said on Tuesday, as the bloc seeks to impose its guidelines on the emissions trading market.
read more... 24/03/2021
Daily (18.03.2021): Carbon EUAs rose by 3% on Wednesday to reach new record highs
Crude oil prices edged lower on Wednesday, weighed by a further increase in commercial petroleum stocks in the United States. Brent oil slipped by 0.6% to close at $68.00 a barrel and WTI crude ended 0.3% down at $64.60 a barrel.
read more... 18/03/2021