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EU, Norway plan cooperation on carbon capture, hydrogen
The European Union and Norway aim to work together to develop infrastructure to capture and store CO2 emissions and scale up renewable hydrogen production in Europe, according to a draft "alliance" plan.
read more... 21/04/2023
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Norway parliament to discuss proposals to stop electrification of major LNG plant
Norway's parliament will on Thursday debate proposals to delay, or stop, a plan to electrify Western Europe's largest liquefied natural gas (LNG) plant, in the latest example of controversy over cutting CO2 emissions in the Nordic country.
read more... 14/04/2023
EU ministers sign off binding 2030 carbon sink target
EU energy ministers gave final approval on Tuesday for a binding target to create carbon sinks in the agricultural and forestry sectors, enabling net removals of 310m tonnes of CO2 equivalent by 2030.
read more... 29/03/2023
Daily (16.03.2023): European power prices fell on Wednesday amid lower gas and CO2 prices
Oil prices had a bearish evolution on Wednesday due to a crisis in the banking sector and amid worries about the broader economy. Consequently, Brent crude decreased by 4.8% to $73.69 a barrel and WTI oil closed 5.2% lower at $67.61 a barrel.
read more... 16/03/2023
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