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Global carbon markets value hit record $909 bln last year
The value of traded global markets for carbon dioxide (CO2) permits reached a record 850 billion euros ($909 billion) last year, analysts at Refinitiv said on Tuesday.
read more... 08/02/2023
Denmark awards first CO2 storage licences in the North Sea
Denmark has awarded its first licences to capture and store carbon in the North Sea to Wintershall Dea, INEOS Energy and TotalEnergies, the country's climate and energy ministry said on Monday.
read more... 07/02/2023
Nine EU countries want low-carbon hydrogen included in bloc’s renewables goals
Nine EU member states, including France, have called on the European Commission to include low-carbon hydrogen – produced from nuclear electricity – in the EU’s renewable hydrogen targets.
read more... 06/02/2023
Daily (27.01.2023): European carbon prices surged to a weekly high of above 89 EUR/t amid bullish technical drivers
Strong U.S. economic data and the assumption that the reopening of the Chinese economy would boost demand led to an uptick in oil prices on Thursday. As a result, Brent crude oil ended approximately 2% higher at $87.47 a barrel. U.S. WTI crude finished at 81.01 USD/bbl, rising by 1% day-on-day.
read more... 27/01/2023
Daily (26.01.2023): European carbon allowances soared on Wednesday after the strongest UKA auction in a year.
Oil prices were steady on Wednesday as US crude inventories rose less than expected, while the upcoming EU embargo on Russian refined products remains a major source of concern for the market. As a result, Brent crude oil went slipped to $86.12 a barrel, while WTI Crude settled at 80.15 USD/bbl.
read more... 26/01/2023