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Daily (10.07.2017): EU carbon prices hit a new 4-month high on Friday
Oil prices ended sharply lower on Friday, toward their lowest finish in nearly two weeks, as a number of active U.S. oil rigs climbed higher, according to data from Baker Hughes released Friday. in U.S. That was combined with the weekly rise in total U.S. crude production reported by U.S. Energy Department Administration on Thursday. Brent crude fell by almost 3% to end at $46.71 a barrel, while the WTI price decreased by 2.83% to $44.23 a barrel.
read more... 10/07/2017
France to end sales of fossil fuel cars by 2040
At a presentation regarding the Paris climate agreement, Ecology Minister Nicolas Hulot said that France aims to terminate sales of cars fueled by gasoline and diesel by 2040, and become carbon neutral 10 years after that.
read more... 10/07/2017
EEA says EU countries have poor strategies for change to low-carbon economy
The European Environment Agency (EEA) declared in a new study that most of the European Union countries fail to provide clear investments strategies for shifting to a low-carbon economy.
read more... 07/07/2017
Daily (07.07.2017): EU carbon prices jumped by 4% to hit one-month high on Thursday
Oil rose on Thursday, recovering some ground as the data from the American Petroleum Institute on Wednesday showed U.S. crude inventories fell more sharply than expected. Also, weekly inventory figures from the U.S. EIA confirm a heavy drop in crude stocks. Traders consider that there is a potential for oil prices to rise much higher. Brent crude jumped by almost 0.7% to end at $ 48.11 a barrel, while the WTI price soared increased by 0.9% to $45.52 a barrel.
read more... 07/07/2017
EU countries and Parliament with distinct views about the carbon market reform
European Union countries and the European Parliament have different opinions on how to restructure the EU carbon market and if it should specify aviation and shipping, according to EU sources on Wednesday.
read more... 30/06/2017