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Daily (01.07.2019): Carbon prices fell by around 2.3% on Friday, amid quarter-end profit-making
Crude oil prices were bearish on Friday, as traders awaited the outcome of the meeting of the U.S. President Donald Trump with the Chinese President Xi Jinping. As a result, WTI futures settled 1.6% lower at $58.47 a barrel, while Brent crude remained flat at $66.55 a barrel. However, expectations for a prolongation of crude output cuts by OPEC members and their allies at their meetings on July 1-2 limited losses.
read more... 01/07/2019
Zero-carbon sources overtake fossil fuel for UK power generation
On 21 June the National Grid announced zero-carbon sources had overtaken fossil fuels as a power source in the UK for the first time since the Industrial Revolution.
read more... 25/06/2019
Britain commits to goal of net zero carbon emissions by 2050
British Prime Minister Theresa May set a goal for the nation to reach net zero carbon emissions within about 30 years - the 1st major economy in the world to set that kind of goal.
read more... 17/06/2019
Daily (12.06.2019): EU carbon prices dropped by almost 1% due to a weaker energy complex
Oil prices were flat on Tuesday, amid uncertainty regarding the agreement of Saudi Arabia and Russia to extend a crude output-cutting deal. Meanwhile, U.S.-China trade tensions continue to put pressure on demand for crude. As a result, Brent crude remained untraded at $62.29, while WTI futures edged 0.02% higher at $53.27 a barrel.
read more... 12/06/2019
Finland commits to carbon neutrality by 2035
Finland has committed to achieving a carbon neutrality by 2035.
read more... 06/06/2019