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Global emissions can decline 10% this decade if refineries clean up their act

Global cumulative emissions could be reduced by 10 per cent during 2020-2030, if refineries adopted low carbon measures, according to the global inventory of carbon dioxide (CO2) emissions published recently in One Earth.

read more... 24/08/2021

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UK hydrogen strategy defers difficult decisions on CO2 intensity, market mechanisms

The UK will pursue a technology-neutral approach to develop 5-GW of low-carbon hydrogen by 2030 in its much-anticipated Hydrogen Strategy, but said details on market mechanisms and carbon intensity definitions to support it would wait until 2022.

read more... 17/08/2021

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Daily (12.07.2021): CO2 prices traded 3.5% higher on Friday, on strong auction and bullish energy markets

Crude oil prices rebounded on Friday, supported by a weaker US dollar and the drop in US crude inventories. Despite the lack of an agreement between OPEC+ members, Brent oil gained 1.9% to settle at $75.55 a barrel. At the same time, WTI crude increased by 2.2% to $74.56 a barrel.

read more... 12/07/2021

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The EU’s carbon market reform proposal

A draft of the EU’s revised Emissions Trading Scheme confirms the European Commission’s intention to tighten the cap placed on CO2 emissions from industry and extend carbon trading to cover shipping emissions as well as road transport and heating fuels.

read more... 01/07/2021

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Daily (21.06.2021): CO2 prices gained 2% on Friday, tracking stronger energy markets

Crude oil prices increased on Friday, lifted by favorable outlooks for black gold demand. Despite a stronger US dollar and renewed Covid-19 concerns, Brent oil edged 0.6% higher at $73.51 a barrel, and WTI crude rose by 0.8% to $71.64 a barrel.

read more... 21/06/2021

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