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Work on Europe's largest carbon capture site to start in Rotterdam next year

Construction of Europe's largest carbon capture and storage (CCS) facility will begin in the Rotterdam port area next year, its developers said on Wednesday.

read more... 19/10/2023

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Dutch, Danish to intensify cooperation on carbon capture and storage

Denmark and the Netherlands signed a Memorandum of Understanding on Monday on the sidelines of the EU Environment Council in Luxembourg, pledging to cooperate on carbon capture and storage (CCS) and CO2 transport.

read more... 18/10/2023

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EU carbon price to hit €400 mark with 90% climate goal

The European Union’s new climate commissioner, Wopke Hoekstra, made written commitments on Wednesday (4 October) to defend a 90% cut in net greenhouse gas emissions by 2040, a move that financial analysts say will send EU carbon prices above the €400 mark.

read more... 06/10/2023

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Italy weighs auto incentive scheme to cut Chinese EV price advantage

Italy is considering new incentives for car purchases that would factor in carbon emissions in the manufacturing and distribution process, two sources close to the matter told Reuters on Monday, a way of protecting its industry against Chinese imports.

read more... 03/10/2023

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Daily (02.10.2023): European carbon prices fell by over 1% on Friday amid limited trading activity as the third quarter approached its end

Oil prices edged down on Friday after the surge of recent weeks, dragged down by profit-taking. Thus, Brent crude stabilized at $95.31 a barrel, while WTI crude fell by 1% to end at $90.79 a barrel.

read more... 02/10/2023

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