Latest news
Offshore wind drops out of UK auction on costs, risking climate goals
Offshore wind developers stayed away from Britain's latest renewable energy auction on Friday, arguing the price offered by the government did not reflect rising industry costs, something which is hampering wind projects globally.
read more... 11/09/2023
Next EU commission to push for global carbon pricing
Extending carbon pricing to the rest of the world will be a key priority for the EU commissioners due to take up their posts in 2024, according to the European Commission’s top climate action bureaucrat.
read more... 08/09/2023
EU calls for global CO2 price at Cop 28
European Commission president Ursula von der Leyen today called on Africa to work together on a proposal for global carbon pricing at this year's UN Cop 28 climate change conference, which she said would unlock "huge" resources for climate action in Africa.
read more... 06/09/2023
Daily (04.09.2023): Oil prices surged to their highest levels since the beginning of the year, driven by a rebound in global demand and a tighter supply
On Friday, oil prices surged to their highest levels since January, driven by a rebound in global demand and tighter supply conditions. As a result, Brent crude climbed by about 2% to settle at $88.55 a barrel, while WTI crude soared by 2.3% at $85.55 a barrel.
read more... 04/09/2023
IRENA: renewable power saved global power sector $520bn in 2022
In addition to overall direct cost savings, there are other “substantial economic benefits” associated with reducing CO₂ emissions and dependence on fossil fuels.
read more... 01/09/2023