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Portugal ends mandatory environmental assessments for green hydrogen projects

Portugal wants to speed up investments in green hydrogen projects, which are essential to decarbonize the economy, and will end mandatory environmental assessments for them in March 2023, Prime Minister Antonio Costa said.

read more... 09/12/2022

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Daily (30.11.2022): European carbon prices rose on Tuesday due to strong auction demand

Oil prices were volatile on Tuesday, due to uncertainty about the level of a price cap on Russian oil. Consequently, Brent crude slipped 0.1% to $83.03 a barrel. However, WTI oil traded 1.2% higher at $78.20 a barrel amid rising demand and decreasing crude oil inventories in key consuming nations.

read more... 30/11/2022

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EU informally agrees stronger carbon price control

EU negotiators have reached an informal accord on a stronger carbon price control mechanism as part of ongoing talks to reform the EU ETS, a key European Parliament member said on Friday.

read more... 14/11/2022

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Daily (31.10.2022): European carbon prices posted the largest weekly gain in five years on Friday

Oil prices decreased on Friday as result of China expanding its COVID-19 restrictions. Thus, Brent crude settled 1.2% lower at $95.77 a barrel. At the same time, WTI crude fell by 1.3% to $87.90.

read more... 31/10/2022

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Poland picks U.S. offer for its first nuclear power plant

U.S. firm Westinghouse Electric Co will build Poland's first nuclear power plant, Prime Minister Mateusz Morawiecki said on Friday, confirming a long-awaited decision aiming to reduce the country's carbon emissions and phase out coal.

read more... 31/10/2022

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