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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
Britain to spend $1.4 bln to cut carbon emissions from industry, hospitals
Britain plans to invest 1 billion pounds ($1.39 billion) to cut emissions from industry, schools and hospitals, it said on Wednesday, as part of wider "green revolution" designed to create thousands of jobs and meet climate targets.
read more... 17/03/2021
Daily (15.03.2021): Carbon prices rose on Friday to float around a new record of €43
Crude oil prices edged lower on Friday, weighed by concerns on rising interest rates and the gradual restart of refineries. Hence, both Brent and WTI oil slipped by 0.6% to close at $69.22 a barrel and $65.61 a barrel, respectively.
read more... 15/03/2021