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CO2 breaches EUR 19 per tonne to hit 15-month low

European carbon prices tumbled below EUR 19/t on Tuesday – hitting a 15-month low – after the EEX cancelled its daily auction of EUAs amid a lack of bids.

read more... 18/03/2020

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Nearly $640 bln coal investments undercut by cheap renewables - research

Nearly $640 billion of investment in coal power capacity worldwide is at risk because it is cheaper to generate electricity from new renewables, research by think tank Carbon Tracker Initiative showed on Thursday.

read more... 13/03/2020

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Bosnian region to add 1,000 MW of renewables to trim carbon footprint

Bosnia’s autonomous Serb Republic aims to add 1,000 megawatts (MW) of renewable energy sources by 2029 at a cost of 11.5 billion Bosnian marka ($6.7 billion) to smooth its transition from coal, its energy minister said.

read more... 09/03/2020

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RO coal and power group CEO plans 310MW PV parks

Romanian coal and power complex CE Oltenia plans to achieve the restructuring and decarbonisation targets, among others, by developing four photovoltaic (PV) parks, to be located on contaminated land such as the areas currently used to store sludge and ash produced by its thermal power plants, and a tailings dump, where residues from the coal mining operations are deposited, Economica.net reported.

read more... 06/03/2020

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Europe’s €1.2 trillion low-carbon opportunity

European companies anticipate €1.2 trillion of new revenue opportunities from low-carbon goods and services that would cost less than €200 billion to realise, write Steven Tebbe and Rob Bailey.

read more... 25/02/2020

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