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Rome mayor to tackle carbon emissions with building renovation wave

Buildings are accountable for 53% of carbon emissions in the city of Rome, and this is the main issue that needs to be addressed in order to achieve climate neutrality, Rome mayor Roberto Gualtieri told EURACTIV in an interview.

read more... 24/02/2023

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Daily (17.02.2023): European carbon prices hit a six-month high on Thursday as traders shrugged off the impact of REPowerEU auction vote.

Oil prices fell on Thursday amid fears of further interest rate hikes by the Federal Reserve following the release of Producer Price Index (PPI) report showing an increase of 0.5% in inflation on a monthly basis in January. Thus, Brent crude oil slipped by 0.3% to $85.14 a barrel.

read more... 17/02/2023

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MEPs sign off plan to raise EUR 20bn from EUA sales

The European Parliament approved raising EUR 20bn from EU carbon allowance sales to help fund its REPowerEU plan to cut the bloc’s dependence on Russian gas and oil quickly in a vote on Tuesday.

read more... 15/02/2023

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UK delays planning decision on Orsted's Hornsea 4 windfarm

Britain has delayed until mid July a decision on whether to grant permission for Orsted's giant Hornsea Four offshore windfarm, whose footprint on the sea floor partially overlaps that of a BP-led carbon capture project.

read more... 14/02/2023

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Draft ETS reforms gain key approval from EU ambassadors

Draft carbon market reforms with more ambitious emission cuts have gained a formal approval from EU ambassadors in a key step towards making them binding, the Swedish EU presidency said on Wednesday.

read more... 09/02/2023

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