Latest news

German EWE eyes carbon neutrality by 2035

German utility EWE has announced plans to be carbon neutral by 2035 and aims to close its hard coal-fired units by the mid-20s at the latest.

read more... 09/12/2020

news

UK steps up emissions goals to require a 68% reduction by 2030

The ambitious goal comes despite the CCC having previously warned the government that the UK is not on track to hit its existing fifth carbon budget target

read more... 04/12/2020

news

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

news

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

news

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

news