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(Daily 18.05.2022): EUA prices rose by 2.4% after the approval of a higher 2030 reduction target

After hitting seven-week highs on Monday, oil prices fell by 2% on Tuesday as the US could lift certain restrictions on Venezuela's government. Brent crude ended 2% lower at $114.24 a barrel on Tuesday.

read more... 18/05/2022

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EU Commission considering higher renewable energy target for 2030

The European Commission is looking to increase the EU’s renewable energy target for 2030 as part of plans due next week, which also include faster permitting rules for new projects and a solar strategy that could make rooftop solar mandatory for all new buildings, according to leaked proposals seen by EURACTIV.

read more... 12/05/2022

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EU countries edge towards deal to share out emissions-cutting efforts

European Union countries are edging towards a deal on how to share the burden of cutting greenhouse gas emissions within the EU, with states poised to accept national targets proposed by Brussels last year, according to diplomats and a draft document seen by Reuters.

read more... 22/04/2022

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European Commission analysing higher 45% renewable energy target for 2030

The European Commission is assessing whether the European Union could achieve a higher target of a 45% share of renewable energy by 2030, instead of its proposed 40%, to accelerate its shift from Russian fossil fuels following the invasion of Ukraine.

read more... 21/04/2022

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Denmark proposes corporate carbon tax to meet climate target

Denmark's government on Wednesday proposed introducing a uniform carbon tax for companies as a way to reach the country's ambitious climate target.

read more... 21/04/2022

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