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Google invests 1 billion euros in German datacenters through 2030

Online search giant Google said on Tuesday it would invest 1 billion euros ($1.2 billion) in Germany through 2030 to expand its datacenter operations and secure renewable power supplies to run them.

read more... 01/09/2021

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Daily (31.08.2021): Carbon prices extended gains to hit new highs over 60 EUR/tonne on Monday

Oil prices were slightly bullish on Monday, as Hurricane Ida forced several energy companies to begin shutting down production. Nevertheless, worries about pandemic’s impact on demand reduced gains. Consequently, Brent crude increased merely by 1% to $73.41 a barrel.

read more... 31/08/2021

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Norway's giant Troll gas field starts third stage of production

Norway on Friday began to pump natural gas from the third stage of its offshore Troll field, a development that will extend the deposit’s producing lifetime beyond 2050, operator Equinor said on Monday.

read more... 31/08/2021

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European Commission approves $6.7bn scheme to support electricity production

The European Commission has approved a $6.7bn (€5.7bn) French aid scheme to support renewable power generation from small solar installations located on buildings.

read more... 31/08/2021

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The EU’s Carbon Border Tax Could Deal A Devastating Blow To Russia’s Economy

The European Union's carbon border tax, to enter into effect in five years, was conceived with the idea of leveling the playing field for European industrial producers and importers who manufacture their goods in much laxer emissions-related regulatory frameworks. But the border tax could have a welcomed side effect for Brussels: it could have a more devastating effect on Russia's economy than sanctions.

read more... 31/08/2021

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