Latest news
Netherlands warns against EU carbon market fundraising plan
The Netherlands has warned other European Union countries that an EU plan to use a carbon market reserve to finance their exit from Russian gas would undermine the bloc's climate change policy, and put forward alternative plans.
read more... 08/09/2022
.jpg)
8 EU nations eye 20 GW offshore wind in Baltic Sea by 2030
Denmark, Germany, Poland, Finland, Sweden and the Baltic countries want to develop 19.6 GW of offshore wind in the Baltic Sea by 2030 amid ongoing EU efforts to decarbonise the economy and reduce dependence on Russian gas.
read more... 02/09/2022
Suspension of EU carbon market not feasible
Carbon markets industry group the International Emissions Trading Association has dismissed suggestions that the EU Emissions Trading System should be suspended temporarily due to the energy price crisis.
read more... 29/08/2022
Daily (18.08.2022): European carbon market soared to six-month high on Wednesday amid limited auction supply and rallying related markets
Crude oil prices rebounded on Wednesday as concerns over rising Russian output and exports as well as recession fears were outweighed by a steeper-than-expected drawdown in U.S. crude stocks. Hence, Brent crude rose by $1.31, or 1.4%, to settle at $93.65 per barrel. U.S. WTI crude increased by $1.58, or 1.8%, to close at $88.11 per barrel.
read more... 18/08/2022
Daily (15.08.2022): European carbon prices climbed to a fresh six-week high on Friday amid reduced auction supply
Crude oil prices declined on Friday amid concerns that supply disruptions in the American Gulf of Mexico would be temporary, while recession worries cast doubt on the prospects for demand. Hence, Brent crude fell by $1.45, or 1.5%, to settle at $98.15 a barrel. U.S. WTI crude dropped by $2.25, or 2.4%, to settle at $92.09 a barrel.
read more... 15/08/2022