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Daily (25.04.2022): European carbon prices rallied to two-month high on Friday amid strong technical signals
Crude oil prices retreated on Friday amid indications of a potential economic slowdown as COVID lockdowns in China are hurting demand. Hence, Brent crude settled down $1.68, or 1.6%, at $106.65 a barrel. U.S. WTI crude declined by $1.72, or 1.7%, to $102.07 a barrel.
read more... 25/04/2022
Denmark proposes corporate carbon tax to meet climate target
Denmark's government on Wednesday proposed introducing a uniform carbon tax for companies as a way to reach the country's ambitious climate target.
read more... 21/04/2022
Shell, Uniper partner on UK low-carbon hydrogen facility
German utility Uniper and Shell will team up to jointly produce low-carbon hydrogen at a Uniper power station in Britain in a bid to boost use of the fuel and cut greenhouse gas emissions, they said on Tuesday.
read more... 13/04/2022
Daily (08.04.2022): European carbon prices soared by 3.6% on Thursday amid strong auction
Oil prices extended losses for the third day in a row on Thursday amid uncertainty that the eurozone will be able to effectively penalize Russian energy exports and after consuming nations announced a large release of oil from emergency reserves. The coronavirus outbreak in Shanghai that has forced a lockdown in China's second-largest city put further pressure on prices. Hence, Brent crude slipped by 49 cents, or 0.5%, to settle at $100.58 a barrel. U.S. WTI crude lost 20 cents, or 0.6%, to settle at $96.03 a barrel.
read more... 08/04/2022
EU Commission lays out plan to become climate neutral by 2030
The European Commission unveiled plans on Tuesday (5 April) to cut its own greenhouse gas emissions by 60% before the end of the decade, saying the remainder will be compensated with carbon removals.
read more... 07/04/2022