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Sony and Honda plan to launch new joint firm for electric vehicles

Sony is teaming up with automaker Honda to start a new company that will develop and sell electric vehicles, the electronics giant said Friday, its latest step into the rapidly growing sector.

read more... 04/03/2022

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EU in balancing act over carbon border levy

The European Commission’s proposed Carbon Border Adjustment Mechanism is meant to replace free allowances distributed to industry under the existing EU ETS, but European steelmakers worry the transition will be a mess and leave them without protection from foreign competitors.

read more... 15/02/2022

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Daily (11.02.2022): European Cal’23 power prices fell by over 2% on Thursday amid weaker EUAs, gas

Crude oil prices traded flat on Thursday as market participants awaited the conclusion of indirect nuclear discussions between the US and Iran, which might pave the way for increased crude supplies. Hence, Brent crude steadied at $91.41 a barrel. U.S. WTI crude added 0.3% to $89.88 a barrel.

read more... 11/02/2022

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Lead lawmaker eyes EU carbon market rules to respond to price spikes

European Parliament's lead negotiator on an overhaul of Europe's carbon market on Thursday said he was considering changes to rules that allow policymakers to intervene in the scheme if prices rise too fast.

read more... 11/02/2022

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Renault-Nissan-Mitsubishi Alliance to invest Eur23 bil over five years to support electrification

An alliance between automakers Renault Group, Nissan Motor Co. and Mitsubishi Motors will invest Eur23 billion ($25.7 billion) over five years to support its electrification strategy, they said Jan. 27.

read more... 28/01/2022

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