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EU urged to do more to build carbon removals market
Businesses remain sceptical that a new EU certification framework for carbon removals is sufficient to generate a self-sustaining market, arguing Brussels must do more to make removing carbon from the atmosphere financially attractive.
read more... 16/11/2023
Daily (15.11.2023): Oil prices stabilized on Tuesday after an initial bullish response to the cooling US inflation
Oil prices flattened out on Tuesday after an initial bullish response to the slowdown in US inflation, which weighed on the dollar. Consequently, Brent crude ended at $82.47 per barrel, while WTI crude stabilized at $78.26 per barrel.
read more... 15/11/2023
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Nuclear, windfall profits in focus as EU electricity reform talks near finishing line
Financing for nuclear and the redistribution of potential windfall profits made by electricity operators remain key sticking points as EU legislators prepare for talks on Thursday (16 November) to reform the bloc’s electricity market.
read more... 15/11/2023
Germany presents hydrogen core network plan in bid for 2045 climate neutrality
Germany's core network for hydrogen fuel will extend over 9,700 km (6,000 miles) and cost around 20 billion euros ($21 billion) by 2032, the chairman of transmission system operator FNB Gas said on Tuesday, as Berlin bets on the fuel for decarbonisation.
read more... 15/11/2023
EU agrees law to hit fossil fuel imports with methane emissions limit
The European Union reached a deal on Wednesday on a law to place methane emissions limits on Europe's oil and gas imports from 2030, pressuring international suppliers to clamp down on leaks of the potent greenhouse gas.
read more... 15/11/2023