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A carbon tax to be set in the European Union

The European Commission proposed a “tax carbon” on road transport, buildings and agriculture as part of the new directive regarding energy taxation, which would be approved only if the member states of the European Union unanimously agreed on.

read more... 02/06/2010

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Oil prices dropped after European and Chinese index announcement

Oil price lost 3% today, after the publication of new data concerning Europe and China.

read more... 01/06/2010

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EU has to reduce its emissions by 30%

According to a new statement of European Wind Energy Association (EWEA), European Council and Parliament have to decrease greenhouse gas emissions by 30%, comparing to 20% previously fixed.

read more... 28/05/2010

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The euro coal price dropped by $1.50 per ton

FOB South African and Europe prices for delivered coal cargoes dropped by nearly $1.50 per ton on Wednesday, due to weak oil and power.

read more... 20/05/2010

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Oil swings near $68 on high stocks worries

Oil swings near $68, after registering a seven-month low on Wednesday, the third decrease this week, as consequence of increasing U.S. crude stocks, influenced by stricter financial regulation in the U.S. and implications of Europe debt crisis on most commodities.

read more... 19/05/2010

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