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Europe’s industrial decarbonisation at risk amid sharp drop in CO2 price
The sharp drop in the EU’s CO2 price, caused by high energy prices and political uncertainty, risks the carbon market’s credibility – and may become an obstacle to the bloc’s industrial decarbonisation.
read more... 05/03/2024
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EU lawmaker alliance calls for ban on all Russian energy, including gas
A broad coalition of members of the European Parliament has written to the leaders of EU institutions urging them to ban all Russian energy from Europe, including pipeline gas and LNG.
read more... 04/03/2024
Daily (01.03.2024): European carbon prices plunged by more than 3% on Thursday following weak auction, selling pressure
Oil prices moved sideways on Thursday. Hence, Brent crude ended rather stable to bearish at $83.62 a barrel, as a higher-than-expected increase in US crude inventories put pressure on prices. WTI crude retreated by about 0.4% to end at $78.26 a barrel.
read more... 01/03/2024
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EU’s 2030 wind power target within reach
The EU’s wind energy target for 2030 is within reach thanks to improvements in permitting and rebounds in investment, according to a new report from European wind association WindEurope.
read more... 29/02/2024
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EU Proposes Member States Maintain Measures to Reduce Natural Gas Demand
The European Commission proposed on Tuesday that EU member states continue taking voluntary measures to maintain a collective 15% gas demand reduction compared to the five-year average to March 2022, as the bloc looks to continue stabilizing its energy and gas supply.
read more... 29/02/2024