The European Commission is assessing whether the European Union could achieve a higher target of a 45% share of renewable energy by 2030, instead of its proposed 40%, to accelerate its shift from Russian fossil fuels following the invasion of Ukraine.
read more... 21/04/2022
European Parliament lawmakers, negotiating emergency rules to fill Europe's gas storage, are pushing for a deal in the next two months to build a supply buffer in time for winter when gas demand for heating peaks.
read more... 21/04/2022
Denmark's government on Wednesday proposed introducing a uniform carbon tax for companies as a way to reach the country's ambitious climate target.
read more... 21/04/2022
Oil prices fell sharply on Tuesday on demand concerns after the International Monetary Fund (IMF) cut its economic growth forecasts and warned of higher inflation. Hence, Brent crude dropped by $5.91, or 5.2%, to settle at $107.25 a barrel. U.S. WTI crude dropped $5.65, or 5.2%, to settle at $102.56 a barrel.
read more... 20/04/2022
Denmark's government on Tuesday said it aimed to significantly boost renewable energy supply and temporarily increase production of natural gas from its fields in the North Sea, in a move to rapidly become independent of Russian supplies.
read more... 20/04/2022