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Daily (14.06.2017): EU carbon prices rose above €5 in a calm session on Tuesday
Oil prices slightly rose on Tuesday, after Saudi Arabia vowed to make real supply cuts and OPEC reported an increase in its output and as traders anticipate a drawdown in U.S. crude inventories.
read more... 14/06/2017
France will reduce its nuclear share, but wants better carbon tax threshold at EU level
French environment and energy minister Nicolas Hulot declared on Monday that the government plans to reduce the share of nuclear to 50% of the country’s power generation from the current 75%. As for the possibility of introducing a carbon tax, Hulot said that France already has a carbon tax which is increasing every year.
read more... 13/06/2017
Daily (13.06.2017): British prompt gas prices dropped significantly on Monday, by almost 6%
Oil slightly increased on Monday, mainly due to speculative traders, forecasts of lower U.S. inventories and news that Saudi Arabia will lower volumes of crude to some Asian buyers in July while deepening cuts to the United States.
read more... 13/06/2017
Germany and California combine their efforts in achieving climate goals
Germany will cooperate with California on climate change goals after the U.S. President Donald Trump's decision earlier this month to withdraw from the 2015 Paris agreement, which was condemned by world leaders and many in the industry.
read more... 13/06/2017
German utilities to get several billions of euros in nuclear tax refunds
Germany's Constitutional Court ruled that the nuclear fuel tax is illegal on 7 June, raising the prospect of 6.3 billion euros refund to utilities and up to 1.5 billion euros in interest payments.
read more... 13/06/2017