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Daily (08.05.2020): German Cal’21 power contract bounced by 1.3% on Thursday in tandem with stronger coal, carbon prices

Crude oil futures declined on Thursday amid doubts about the ability of oil giants to comply with their production quotas in an attempt to stabilize the market. Moreover, worries about economic recession, sluggish demand and oversupply eclipsed a rebound in Saudi Arabia’s official crude selling and an unexpected rise in Chinese exports last month.

read more... 08/05/2020

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Carbon rebounds from 1-month low

Carbon prices on Monday afternoon rebounded from one-month lows touched in early trading amid some supportive technical signals and despite gas prices falling to new lows.

read more... 05/05/2020

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Demand drop to “dwarf” impact of 2008 financial crisis – IEA

A drop in global energy demand this year will likely “dwarf” the impact of the 2008 financial crisis and slash carbon emissions by 8%, the International Energy Agency said on Thursday.

read more... 30/04/2020

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Michigan switches on its ‘largest’ wind park

The park is part of a project involving four new wind parks that will come online in 2020 and avoid 1.2 million metric tonnes of carbon dioxide emissions annually.

read more... 27/04/2020

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Dutch to meet emissions target due to Covid-19 impact – ING

The Netherlands is likely to meet its target of cutting carbon emissions by 25% on 1990 levels by year end due to the impact of the coronavirus on industrial output, said Dutch banking group ING on Wednesday.

read more... 09/04/2020

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