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Daily (20.02.2024): Carbon prices plummeted on Monday, following an aggressive selling
Oil prices were mixed on Monday. Brent crude edged 0.1% higher at $83.56, amid ongoing geopolitical tensions that continue to impact the market. Meanwhile, WTI Crude declined by about 1% to $78.47, amid signs of weaker demand.
read more... 20/02/2024
EU reaches deal on world’s first carbon removal certification scheme
European Union legislators reached a political agreement in the early hours of Tuesday (20 February) on a proposal to set up the world’s first registry for certified carbon dioxide removals obtained from eco-farming practices and industrial processes.
read more... 20/02/2024
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Clock ticking as EU tries to unblock energy taxation directive
The French electricity sector fears that the revision of the EU’s energy taxation directive will fail before the June European elections, despite a last push by the Belgian EU presidency, which is seeking to break the deadlock in the Council of the EU.
read more... 20/02/2024
Bids in first EU hydrogen auction outstrip budget
The EU’s first renewable hydrogen subsidy auction saw an overwhelming response with bids exceeding the EUR 800m available budget, the European Commission said on Monday.
read more... 20/02/2024
Daily (19.02.2024): Oil prices rose by 1% on Friday, supported by ongoing geopolitical concerns
Oil prices gained ground on Friday as ongoing geopolitical turmoil continue to support prices. Hence, Brent crude rose by about 1% to settle at $83.47 a barrel, while WTI crude increased by 1.5% to close at $79.19 a barrel.
read more... 19/02/2024