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Daily (21.06.2021): CO2 prices gained 2% on Friday, tracking stronger energy markets
Crude oil prices increased on Friday, lifted by favorable outlooks for black gold demand. Despite a stronger US dollar and renewed Covid-19 concerns, Brent oil edged 0.6% higher at $73.51 a barrel, and WTI crude rose by 0.8% to $71.64 a barrel.
read more... 21/06/2021
Australia rejects $36 bln wind, solar, hydrogen project
The Australian government has rejected plans for a $36 billion wind, solar and hydrogen project in a remote area of Western Australia, leaving what would have been one of the world's largest green energy projects in limbo for now.
read more... 21/06/2021
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Campaigners ring alarm over EU funding for gas projects through the back door
The European Commission last week published an updated methodology to assess which gas infrastructure projects will be eligible to receive EU funding, triggering warnings by environmental groups and a senior member of the European Parliament.
read more... 21/06/2021
Europe powers up electric car battery drive
As electric car sales soar, Europe has started to build up its capacity to produce batteries on the continent but it remains far from reducing its dependence on Asia.
read more... 21/06/2021
Daily (18.06.2021): Oil prices took a breather from the long-lasting uptrend due to a strong Dollar and a hike in UK Covid cases
Crude oil prices retreated from their highest level in years on Thursday amid a strong U.S. Dollar after the U.S. Federal Reserve signaled it might raise interest rates as soon as 2023. The hike in new coronavirus cases in the UK put additional pressure on oil prices. Hence, Brent crude dropped by 1.8% to settle at $73.08 a barrel. Meanwhile, U.S. WTI crude fell by 1.5% to end at $71.04 a barrel.
read more... 18/06/2021