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Nineteen EU nations distribute 500 million free 2015 CO2 permits

Nineteen countries, counting Germany, Britain and France, have thus far distributed a total of approximately 500 million free European Union carbon permits to industry to cover their 2015 emissions, as indicated by European Commission data on Tuesday.

read more... 04/03/2015

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Daily: Crude oil falls 2 percent on uncertainty about output cut at OPEC summit

Crude oil prices declined by 2 percent to hit near four-year lows on Tuesday in another volatile session as a meeting in Saudi Arabia and three other nations ahead of an OPEC summit closed with no sign of an accord to cut oil production. Benchmark Brent crude decreased $1.35 to settle at $78.33, slipping from an intraday peak of $80.44. U.S. crude fell $1.69 to close at $74.09. It declined more than $2 in post-settlement trade, hitting $73.71.

read more... 26/11/2014

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Serbia: investment of 400 million euros on power grid upgrade

Serbia's grid operator EMS intends to invest 400 million euros ($507.5 million) over the next six years to improve its old electricity network and construct new connections to nations in the European Union, an EMS representative declared on Monday.

read more... 14/10/2014

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France: contribution of $1 billion to climate fund for poor, declares Hollande

French President Francois Hollande made known on Tuesday that France will offer $1 billion to a practically empty global fund to aid poor nations get used to the consequences of climate change as he spoke to the United Nation's summit on climate change.

read more... 24/09/2014

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Britain will run its first electricity capacity market auction on December 16

Britain will run its first auction for reserve power capacity on December 16, a model that will be an example for other European nations intending to manage capacity markets that recompense operators for possessing power generation in back-up form.

read more... 22/08/2014

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