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Daily (31.08.2023): Carbon prices added almost 2% gain on stronger Polish auction

Crude oil prices had another daily rise on Wednesday driven by supply tightening concerns, as OPEC members need to decide on further potential output cuts in September. Hence, Brent crude rose by 0.4% to settle at $85.86 a barrel.

read more... 31/08/2023

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Nuclear alone not enough for carbon neutrality

If France is to achieve carbon neutrality by 2050, it must integrate renewables into its energy mix, according to the head of the country’s energy regulator, RTE, who believes nuclear power alone will not be enough.

read more... 28/08/2023

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German industry leans on Berlin for swift carbon storage plan

Leading German companies have urged Berlin to make public its strategy to enable carbon capture and storage by the end of this year, as they seek to capitalise on weakened opposition to the technology and prevent any political delay.

read more... 24/08/2023

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Daily (23.08.2023): European carbon prices surged by over 2% amid bullish gas prices

Oil prices fell slightly on Tuesday due to the worsening economic outlook in China and uncertainties surrounding the possible impact of the economic slowdown in the US. Thus, Brent crude edged 0.5% down at $84.03 a barrel, while WTI crude traded 1.3% lower at $79.64 a barrel.

read more... 23/08/2023

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Denmark plans to allocate 26.8 bln crowns for new CO2 capture and storage tenders

Denmark plans to allocate 26.8 billion Danish crowns ($3.9 billion) in state aid over 15 years for projects to capture and store 2.3 million metric tons of carbon dioxide (CO2) emissions per year, the climate and energy ministry said on Monday.

read more... 23/08/2023

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