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Denmark to strengthen renewable energy in EU
Denmark, as the next country which will take the helm of the EU over the next six months, plans to make renewable energy a heavy sector in the EU economy in order to fulfill the 2020 targets for reduction of greenhouse gas emissions. Denmark, as a leader in wind energy and which uses electric vehicles strengthened the environmentalist’ hopes.
read more... 11/01/2012
Buy or sell carbon?
Benchmark EU Allowances have fallen some 60% since June, thrashed by prospects of slowing growth as Europe faces its worst fiscal crisis in decades coupled with an over-supply of hundreds of millions of carbon units.
read more... 11/01/2012
Daily – oil up on positive consumer credit data
U.S. and Brent crude oil futures increased on Tuesday sustained by positive consumer credit data and fears about Iran’s threats to close the Strait of Hormuz key pipeline, while gains were capped by festering euro zone debt crisis.
read more... 10/01/2012
Energy bills in the UK to be slashed by 10%
Recent reports show that electricity and gas bills in UK are going to be slashed by 10% for millions of households due to a milder winter in Britain.
read more... 10/01/2012
Shell-Exxon venture to discover the largest gas field in the Netherlands since 1995
A joint venture between Shell and ExxonMobil, called Nam, said it has successfully drilled a significant new onshore natural gas field in the Netherlands.
read more... 10/01/2012