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‘Politically-driven’ EU carbon market needs more transparency

The European Union’s flagship climate policy instrument, the Emissions Trading Scheme (ETS), needs more monitoring and transparency in order to prevent “speculation about speculation” and restore political confidence in the market, analysts have said.

read more... 13/05/2022

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Daily (12.05.2022): Brent crude spiked by 5% on Wednesday on worries about supply

Brent oil prices increased on Wednesday by 4.9% to $107.51 per barrel amid a pending European Union ban on oil from Russia, that could further tighten global supplies is underpinning prices.

read more... 12/05/2022

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Norway to ramp up offshore wind in drive to go green

Norway unveiled plans on Wednesday for a major expansion in offshore wind energy by 2040, aiming to turn a country that has built its wealth on oil and gas into an exporter of renewable electricity.

read more... 12/05/2022

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German government agrees on law to speed up LNG terminal construction

The German government has submitted a legislative proposal to speed up the permitting process and construction of onshore and floating liquified natural gas (LNG) terminals, as well as the necessary pipelines to connect them to the grid.

read more... 12/05/2022

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EU Commission considering higher renewable energy target for 2030

The European Commission is looking to increase the EU’s renewable energy target for 2030 as part of plans due next week, which also include faster permitting rules for new projects and a solar strategy that could make rooftop solar mandatory for all new buildings, according to leaked proposals seen by EURACTIV.

read more... 12/05/2022

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