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EU carbon hits record 100 euros as cost of polluting soars
The price of permits on the European Union's carbon market hit 100 euros ($106.57) per tonne for the first time on Tuesday, a milestone that reflects the increased costs that factories and power plants must pay when they pollute.
read more... 27/02/2023
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Healthy gas storage warms Europe, but not enough
As Europe emerges from a mild winter with gas storage close to record levels, it must brace for another costly race to replenish its reserves on the international market.
read more... 23/02/2023
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The IEA Expects Global Oil Demand Hit A Record High In 2023
Global oil demand is set to increase by 2 million barrels per day (bpd) this year, pushed up by growth in Chinese consumption after the reopening, the International Energy Agency (IEA) said on Wednesday as it raised its 2023 demand growth estimate by 100,000 bpd from last month’s forecast.
read more... 16/02/2023
Global carbon markets value hit record $909 bln last year
The value of traded global markets for carbon dioxide (CO2) permits reached a record 850 billion euros ($909 billion) last year, analysts at Refinitiv said on Tuesday.
read more... 08/02/2023
Norway plans to offer record number of Arctic oil, gas exploration blocks
Norway on Tuesday said it plans to offer energy firms a record number of oil and gas exploration blocks in the Arctic as it seeks to prolong its hydrocarbon production, while green campaigners criticised the risk to the environment.
read more... 26/01/2023