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Poland to slow coal phase-out process, maintain 2049 end-date

Poland is forced to slow down the process of closing coal mines but will not withdraw from its plans to close all its mines by 2049, announced Polish State Assets Minister Jacek Sasin.

read more... 09/11/2022

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Netherlands warns against EU carbon market fundraising plan

The Netherlands has warned other European Union countries that an EU plan to use a carbon market reserve to finance their exit from Russian gas would undermine the bloc's climate change policy, and put forward alternative plans.

read more... 08/09/2022

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Daily (29.08.2022): German and French power contracts hit new records!

U.S. Federal Reserve's warnings about imminent economic hardship and Saudi Arabia's signals that OPEC will restrict output supported oil prices. As a result, Brent crude oil increased by 1.7% to reach $100.99 a barrel in a volatile trading on Friday, while WTI rose by 0.6% to reach $93.06 a barrel.

read more... 29/08/2022

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EU countries consider options to avoid carbon market fundraising plan

European Union countries are considering alternatives to an EU plan to use a carbon market reserve to help finance their exit from Russian gas, as some fear the proposal would undermine the bloc's main climate change policy.

read more... 15/07/2022

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Poland's PM pushes for more coal to lower heating costs

Poland’s prime minister vowed Thursday to support higher production at the nation’s coal mines in order to bring down heating and energy prices that have soared amid the war in neighbouring Ukraine and the European Union's efforts to reduce its dependency on Russian energy sources.

read more... 13/06/2022

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