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Dutch to meet emissions target due to Covid-19 impact – ING
The Netherlands is likely to meet its target of cutting carbon emissions by 25% on 1990 levels by year end due to the impact of the coronavirus on industrial output, said Dutch banking group ING on Wednesday.
read more... 09/04/2020
Daily (07.04.2020): European year-ahead power prices soared on Monday due to an aggressive increase in carbon prices
Oil prices started the week on a back foot after a postponement to Thursday of a meeting between OPEC and its allies aimed at reducing the excess supply of black gold on the world market. Hence, Brent crude for June delivery fell by $1.06, or 3.1%, to settle at $33.05 a barrel on ICE London. Meanwhile, U.S. WTI crude decreased by 2.26, or 8%, to end at $26.08 on NYMEX. The two benchmarks saw a recovery last Thursday and Friday due to signals of new production cuts sent by Russia and Saudi Arabia.
read more... 07/04/2020
CO2 may plumb fresh lows this month on virus impact
The coronavirus pandemic is likely to maintain pressure on carbon prices in April, potentially sending them to fresh two-year lows as the world locks down communities to reverse the pace of infections.
read more... 02/04/2020
Daily (26.03.2019): Carbon prices recovered by 4% on Wednesday, as U.S intends to launch a massive financial stimulus to support economy
Crude oil prices added slight ground on Wednesday, as the United States may vote on a $2 trillion stimulus package to support the economy due to the coronavirus pandemic. Brent crude traded 0.9% higher at $27.39 a barrel. In the same context, WTI futures rose by 2% to $24.49 a barrel.
read more... 26/03/2020
Biogas from Organic Waste could Cover 20% of World Gas Fuel Demand
Energy produced from organic waste could cover a fifth of global gas fuel demand in the form of low-carbon biogas and biomethane, according to the International Energy Agency (IEA).
read more... 24/03/2020