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Industry fears EU carbon border tax will penalise British green energy
British wind and solar farms exporting power to continental Europe could face CO2 fees from 2026 - even though they don't produce any emissions - unless the UK and European Union can agree changes around the EU's carbon border tax.
read more... 17/06/2024
Germany seeks to prevent or soften EU tariffs on Chinese EVs
The German government believes that there is still room for an agreement with China before the EU's tariffs take effect on July 4
read more... 17/06/2024
Daily (14.06.2024): Energy prices remained relatively stable on Thursday
Oil prices fluctuated on Thursday but managed to end slightly higher, influenced by larger-than-expected US crude reserves, weakening US inflation data, and Federal Reserve announcements that bolstered the dollar. Hence, Brent crude stood at $82.75 per barrel, while WTI crude reached $78.62.
read more... 14/06/2024
France to build 14 new reactors by 2050
“The next government’s programme will include strong actions, for example eight new nuclear reactors, which is essential for the energy transition,” he said at a press conference following his controversial decision to call a snap election.
read more... 14/06/2024
Beijing urges EU to reverse 'wrong direction' on EV tariffs
Beijing hopes the European Union will reconsider tariffs on Chinese electric vehicles and stop going further in the "wrong direction" to shield its auto industry from competition, according to state news agency Xinhua.
read more... 14/06/2024