Latest news
French government presents its decarbonisation plan to meet EU targets
Prime Minister Elisabeth Borne unveiled detailed plans on Monday (22 May) for France to meet the EU’s target of reducing greenhouse gas emissions 55% below 1990 levels by 2030.
read more... 24/05/2023
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Daily (19.05.2023): European carbon prices soared to a two-week high, supported by consistent purchasing in a thin market
Oil prices retreated on Thursday after Wednesday’s surge, as a stronger dollar weighed on prices. Hence, Brent crude declined by 1.4% to settle at $75.86 a barrel, while WTI crude traded 1.3% lower at $71.86 a barrel.
read more... 19/05/2023
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Approval of EU renewables law delayed as France ‘plays hardball’ on nuclear
Formal approval of the EU’s renewable energy directive has been postponed following a last-minute objection by Paris, which wants further “guarantees” on low-carbon hydrogen derived from nuclear power.
read more... 19/05/2023
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British energy regulator seeks to speed up grid connections
British energy regulator Ofgem said on Wednesday it was launching a policy review to speed up connecting low-carbon energy schemes to the electricity transmission grid.
read more... 18/05/2023
Daily (17.05.2023): European carbon prices rose by 2% on Tuesday as the market anticipated a shortage of supply for the remainder of the week
Oil prices edged lower on Tuesday as a slow recovery in China, a stronger dollar and uncertainty about the global economy weighed on prices. Thus, Brent crude traded 0.4% lower to settle at $74.91 a barrel. WTI crude settled at $70.86 a barrel.
read more... 17/05/2023