Latest news
Record $63 billion raised from carbon allowance sales in 2023
Governments globally raised a record $63 billion from the sale of carbon allowances in emission trading systems in 2022, as many countries increased ambitions to cut pollution despite record high energy prices following Russia’s invasion of Ukraine, a report said on Wednesday.
read more... 22/03/2023
Newcleo aims to raise $1.1bn to build small nuclear reactors
UK-based energy company Newcleo intends to raise £900m ($1.1bn) to develop a fleet of nuclear reactors, The Times has reported.
read more... 21/03/2023
Mercedes set to invest billions in e-vehicles plants
Mercedes will invest billions of dollars to modernise its plants in China, Germany and Hungary over the coming years, magazine Automobilwoche reported, as the carmaker prepares to switch to electric vehicles and cut emissions.
read more... 20/03/2023
Utilities expect UK to maintain household power bill support
British energy companies expect the government to change course and maintain its support for households for high gas and electricity bills at or near existing levels after the current package expires in April, reported the BBC on Friday.
read more... 03/03/2023
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Daily (17.02.2023): European carbon prices hit a six-month high on Thursday as traders shrugged off the impact of REPowerEU auction vote.
Oil prices fell on Thursday amid fears of further interest rate hikes by the Federal Reserve following the release of Producer Price Index (PPI) report showing an increase of 0.5% in inflation on a monthly basis in January. Thus, Brent crude oil slipped by 0.3% to $85.14 a barrel.
read more... 17/02/2023