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Greece's PPC to spend 3.4 bln euro on power grid, renewables by 2023

The coal-reliant utility has pledged to shut down all but one of its coal-fired plants by 2023 to help Greece reduce carbon emissions in line with climate targets

read more... 03/12/2020

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UK urged to commit to carbon tax

A UK carbon tax is the "best-case scenario" for a carbon pricing regime in the country for next year, given the lack of time remaining in which to implement an EU-linked UK emissions trading system (ETS), environmental think-tank Ember said.

read more... 02/12/2020

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Daily (27.11.2020): European carbon prices surged to a new two-month high on Thursday amid strong auction results

Oil prices slipped from multi-month highs on Thursday as vaccine optimism had fizzled out and near-term pandemic concerns had resurfaced. Meanwhile, a build in crude oil inventories in the U.S. added further pressure on oil prices. Hence, Brent crude shed by 1.7% to settle at $47.80 a barrel. U.S. WTI crude ended at $44.93 a barrel, posting a 1.7% decline day-on-day.

read more... 27/11/2020

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Global carbon dioxide levels ‘remain at record highs despite Covid-19 lockdown’

The last time carbon dioxide levels were that high was three to five million years ago, according to the World Meteorological Organisation

read more... 24/11/2020

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Enel Green Power to expand photovoltaic footprint in Panama with 26MW solar plant

The project is forecast to save 23,600 tonnes of carbon dioxide every year

read more... 16/11/2020

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