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UK to tighten emissions trading scheme from 2024

The UK emissions trading scheme (ETS) will be reformed next year to tighten limits on carbon dioxide pollution and expanded in 2026 to include new sectors, the relevant authority said on Monday.

read more... 03/07/2023

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EU to propose exit from Energy Charter Treaty over climate concerns

The European Commission is readying a proposal for EU countries to jointly quit an international energy treaty, after some governments already pledged to leave over climate concerns.

read more... 03/07/2023

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Daily (30.06.2023) Oil prices continued their upward trend on Thursday amid low U.S. inventories

On Thursday, crude oil prices rose, supported by a larger-than-expected draw in U.S. crude inventories. Hence, Brent and WTI crude increased by about 0.4% to settle at $74.34 and $69.86 a barrel, respectively.

read more... 30/06/2023

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EU renewable energy law clears first vote after French nuclear assurances

A European Parliament committee on Wednesday backed new EU renewable energy targets, but criticised last-minute changes offering France and other countries possible carve-outs for ammonia plants and greater recognition of nuclear energy.

read more... 30/06/2023

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Spain raises bet on green hydrogen, biogas in draft plan

Spain will double its 2030 biogas production target and almost triple its green hydrogen goal as part of a broad upgrade of its energy and climate ambitions, a draft of the government's strategy showed on Wednesday.

read more... 30/06/2023

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