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Nuclear not ‘strategic’ for EU decarbonisation
European Commission President Ursula von der Leyen outlined limits to EU backing for nuclear power under the bloc’s Net-Zero Industry Act, which seeks to support home-made production of clean technologies like batteries and solar panels.
read more... 27/03/2023
Daily (24.03.2023): European carbon prices reached their highest intraday level in six days on Thursday amid continued compliance purchase and persistent buying
Oil prices ended a run of three consecutive bullish days on Thursday, dragged down by statements from the U.S. Energy Secretary, who postponed purchases of crude to rebuild U.S. strategic reserves until at least next year. Thus, Brent crude fell by 1% to $75.91 a barrel.
read more... 24/03/2023
EC demands more transparency around carbon offsets in greenwashing crackdown
The European Commission will require companies to provide details on the origination and methodologies of the carbon credits it is using, according to its new proposal aimed at countering greenwashing and misleading environmental claims.
read more... 24/03/2023
Daily (23.03.2023): European carbon prices hovered around the 90€ level for most of the day on Wednesday as traders anticipated the expiration of the March contract
Oil prices rose for the third consecutive day on Wednesday, supported by a weaker dollar and data showing a rebound in U.S. demand for refined products. Thus, Brent crude rose by 2% to $75.32 a barrel.
read more... 23/03/2023
Japan's JERA to buy Belgium's top offshore wind company for $1.7 bln
Japan's top utility JERA has agreed to buy Parkwind, Belgium's largest offshore wind platform, for 1.55 billion euros ($1.7 billion), as it expands in renewable power to meet decarbonisation goals.
read more... 23/03/2023