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Daily (14.05.2021): Carbon prices retreated by 1.5% on Thursday amid profit-taking as well as weak gas prices
Oil prices slumped on Thursday, retreating from 2-month highs amid deepening India’s coronavirus crisis and the resumption of a key U.S. fuel pipeline. Hence, Brent crude dropped by 3.3% to settle at $67.05 a barrel. Meanwhile, U.S. WTI crude shed by 3.4% to $63.82 a barrel.
read more... 14/05/2021
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Dunkirk offshore wind farm gets green light
Eoliennes en Mer de Dunkerque (EMD) and RTE have announced their decision to start development on an offshore wind project in Dunkirk.
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UK wants global agreement to stop financing coal projects
Britain wants to broker a global agreement to stop the cross-border financing of coal projects when it hosts a major climate conference in November, a senior government minister said on Friday.
read more... 14/05/2021
Spanish parliament approves clean energy bill
Spain's parliament approved Thursday a clean energy bill aimed at achieving carbon neutrality by 2050 in line with EU targets, while also banning the sale of fossil fuel vehicles by 2040.
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Daily (13.05.2021): Carbon EUAs climbed by more than 4% on Wednesday, on strong auction results and investor interest
Oil prices increased on Wednesday, as crude inventories in the United States diminished slightly. Meanwhile, the tense situation at some American gas stations, after the shutdown of a major pipeline, lent additional support to prices. Hence, Brent oil was 1.1% up at $69.32 a barrel and WTI crude ended 1.2% higher at $66.08 a barrel.
read more... 13/05/2021