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Daily (08.01.2020): European carbon prices approached 35 EUR on Thursday, hitting a new all-time high amid a strong energy complex
Crude oil prices were rather flat on Thursday, but remained at 11-month peaks, as investors focused on recent OPEC+ agreement to curb output instead of political turmoil in the United States. Hence, Brent crude added 0.2% to end at $54.38 a barrel. Meanwhile, U.S. WTI crude gained 0.4% to finish at $50.83 per barrel.
read more... 08/01/2021
Daily (05.01.2020): Carbon prices strengthened by 3% on Monday amid a bullish energy market
The OPEC+ meeting on Monday was expected to lend support to oil prices. The members, however, had delayed on taking a decision for one more day. As such, due to investor’s prudence, Brent crude ended 1.4% lower at $51.09 a barrel, while WTI oil fell 1.9% to $47.62 a barrel.
read more... 05/01/2021
UK holds the ‘highest decarbonisation rate’ in the world for the 21st century so far
The nation decreased carbon dioxide emissions by 3.7% every year, according to a new report
read more... 04/01/2021
Germany rings in 2021 with CO2 tax, coal phase-out
From January 1, 2021 the government will charge 25 euros ($30) per tonne of carbon dioxide emissions released by the transport and heating sectors
read more... 04/01/2021
Daily (24.12.2020): Carbon EUAs increased by 2.4% on Wednesday amid hopes for a Brexit conclusion before Christmas
Crude oil prices gained ground on Wednesday, supported by an unexpected drop in US crude and petroleum reserves. Despite limited gains due to the new strain of coronavirus, Brent oil ended 2.2% up at $51.20 a barrel, while WTI crude traded 2.3% higher at $48.12 a barrel.
read more... 24/12/2020