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Daily (04.12.2019): Carbon price plummets to a two-week low on Tuesday amid a weak energy complex

Crude oil prices ended on a mixed note on Tuesday, with Brent hitting its lowest level since Oct.21, while WTI prices increased for a second consecutive session. Brent decreased by 10 cents, or 0.2% to end at $60.82 a barrel, following comments from the U.S. President Trump that a trade deal with China might be delayed, feeding uncertainty over demand. WTI rose by 14 cents, or 0.3%, to close at $56.10 a barrel, extending the 1.4% gain registered on Monday.

read more... 04/12/2019

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Growth in global carbon emissions slowed in 2019

A surprise drop in coal use in the United States and Europe has helped to slow the growth of global carbon dioxide emissions this year, with softening demand in China and India also contributing, according to a study published on Wednesday.

read more... 04/12/2019

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German gas industry targets 5 GW of power-to-gas capacity in five years

Germany’s gas industry aims to build power-to-gas capacity of five gigawatts (GW) over the next five years, and 40 GW by 2050, as it seeks to develop zero-carbon fuels for homes, factories and vehicles, industry group DVGW said on Tuesday.

read more... 27/11/2019

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European coal power output sees ‘unprecedented’ decline

Steam rises from the brown coal-fired power plant Neurath (front-C) and Niederaussem (rear-L) operated by RWE in Bergheim, 04 December 2018. The Rhenish Brown Coal Field is Europe's largest carbon dioxide source.

read more... 26/11/2019

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EU greenhouse gas emissions fall two per cent in 2018

Greenhouse gas emissions fell by two per cent across the EU in 2018 according to the latest official preliminary estimates, but the relatively slow progress in renewable energy deployment and the decarbonisation of the transport sector continue to cause concern for the EU's environmental agency.

read more... 01/11/2019

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