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EU greenhouse gas emissions fall two per cent in 2018
Greenhouse gas emissions fell by two per cent across the EU in 2018 according to the latest official preliminary estimates, but the relatively slow progress in renewable energy deployment and the decarbonisation of the transport sector continue to cause concern for the EU's environmental agency.
read more... 01/11/2019
Daily (25.10.2019): Carbon prices surged by around 2.8% on Thursday amid a firmer energy complex ahead of the key Brexit vote
Crude oil prices continued to rise on Thursday after a surprise fall in the U.S. crude stockpiles last week. Hopes for deeper supply cuts from OPEC also supported prices. However, persistent crude demand worries reduced gains. Consequently, Brent crude traded 0.8% higher at 61.67 USD/bbl. At the same time, WTI futures edged up by 0.5% at 56.23 USD/bbl.
read more... 25/10/2019
Daily (24.10.2019): EU carbon prices plunged by 3.5% on Wednesday, amidst Brexit concerns and a bearish energy market
Crude oil prices extended gains on Wednesday, following a drop in U.S. crude inventories and due to OPEC’s intention to deepen supply cuts. However, slowing global demand might limit the rise. Hence, Brent crude surged by 2.5% to 61.17 a barrel, while WTI futures climbed by 2.7% to end at $55.97 a barrel.
read more... 24/10/2019
‘UK needs 120GW of new low carbon capacity to go net zero by 2050’
The UK’s legally-binding target to reach net zero emissions by 2050 will require more than 120GW of new low carbon capacity.
read more... 16/10/2019
Daily (11.10.2019): EU carbon prices climbed by 2.5% on Thursday, following positive negotiations between the UK and Ireland
Crude oil prices rebounded on Thursday, as OPEC pledges to take a supply decision for next year this December. Trade talks between U.S. and China to be held next week also lent support to prices. Hence, Brent crude rose by 1.3% to 59.10 a barrel, while WTI futures climbed by 1.8% on a daily basis to end at $53.55 a barrel.
read more... 11/10/2019