Latest news
Energy price cap to stay above pre-pandemic levels for extended period
The energy price cap in the UK is set to remain notably higher than pre-pandemic levels, according to recent estimates by consultancy Cornwall Insight.
read more... 28/07/2023
Global standards launched to grow $2 billion voluntary carbon market
A global initiative to grow the $2 billion market for carbon offsets outlined criteria for new voluntary standards on Thursday, and said it aims to issue labelled credits by the year-end to make the unregulated marketplace more transparent.
read more... 28/07/2023
Italy eyes 19 billion euros in energy investments as it reviews post-COVID plan
Italy said on Thursday it planned to use EU money to fund an investment programme worth around 19 billion euros ($21 billion) to strengthen power and gas grids and make its economy greener.
read more... 28/07/2023
Daily (27.07.2023): European carbon prices erased all the gains made during the week as bearish fundamentals prevailed
On Wednesday, oil prices slightly declined as they responded to a smaller-than-expected decrease in US oil reserves and the expectation of an upcoming rate hike by the Federal Reserve. Thus, WTI crude settled at $78.78, down by 1% day-on-day, while Brent crude fell by about 1% to reach $82.92 a barrel.
read more... 27/07/2023
Germany commits to ‘blue hydrogen’ in updated national strategy
Germany’s updated hydrogen strategy, unveiled on Wednesday (26 July) places heavy emphasis on imports from Denmark and Norway while securing “blue hydrogen” production from fossil gas using CCS technology to mitigate the related emissions.
read more... 27/07/2023