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Franco-British partnership to develop fourth-generation nuclear technology
UK company Newcleo and French company NAAREA are set to form a strategic partnership to accelerate the development of their fourth-generation nuclear technologies, the two announced in an interview with Euractiv France, AFP and Le Figaro on Tuesday (16 January).
read more... 16/01/2024
EU to Bet Big on Carbon Removals to Meet Net-Zero Goal
The European Union must raise significantly emissions capture and removals to meet its target to become a carbon-neutral bloc by 2050, the European Commission said in a draft document seen by Bloomberg News.
read more... 15/01/2024
Brussels clears French ‘green’ state aid worth over €8 billion in just one month
According to EU figures released this week, the European Commission has approved more than €8 billion in French state aid to decarbonise industry and develop renewable energies in just one month.
read more... 12/01/2024
Spain, France won’t ban Russia LNG despite EU “gesturing”
Two of the three EU countries most reliant on Russian LNG – Spain and France – are unlikely to ban Russian imports despite Brussels paving the way for national restrictions, with one trader telling Montel the move was simply a “gesture”.
read more... 12/01/2024
Daily (11.01.2024): European carbon prices declined by around 3% on Wednesday amid bearish sentiment and notable increase in short positions
Oil prices fell by 1% on Wednesday due to a surprising rise in US crude inventories, causing concerns about the supply-demand balance. According to the report, US commercial crude inventories increased by 1.3 million barrels in the week ending January 5. As a result, Brent crude settled at $76.80, while WTI crude closed at $71.37 per barrel.
read more... 11/01/2024