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Daily (25.11.2021): Carbon prices surged by over 5% on Wednesday, as Germany agreed on plans of setting the EU ETS at a minimum of 60€/tonne

Oil prices decreased slightly on Wednesday, pressured by a rise in US crude reserves. Nevertheless, losses were offset by low-volume trading ahead of the Thanksgiving holiday. Hence, Brent oil and WTI crude edged 0.1% lower at $82.25 and $78.39 a barrel, respectively.

read more... 25/11/2021

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German coalition targets earlier coal exit

Germany hopes to bring forward its coal phase-out by eight years to 2030, boosting renewables' share of the generation mix to 80pc, the incoming government announced today.

read more... 25/11/2021

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New German government aims for at least 15 mln EVs by 2030

Germany aims to have at least 15 million electric cars on the roads by 2030 in its shift towards climate neutrality, up from a previous goal of 14 million, according to the coalition agreement of the incoming government published on Wednesday.

read more... 25/11/2021

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Denmark signs deals to facilitate wind power links to Germany and Belgium

Danish grid operator Energinet signed deals on Tuesday with Belgium's Elia and Germany's 50Hertz that move Denmark closer to building two sea links connecting its offshore wind turbines to Germany and Belgium to boost the flow of green energy in the region.

read more... 25/11/2021

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Daily (24.11.2021): British gas prices spiked on Tuesday amid U.S. new sanctions on Nord Stream 2

Oil prices soared to hit one-week high on Tuesday as the statement by President Joe Biden that the administration will tap the Strategic Petroleum Reserve to calm 2021′s rapid rise in fuel prices fell short of some expectations. Hence, Brent crude increased by $2.61, or 3.3%, to settle at $82.31. U.S. WTI crude climbed by $1.75, or 2.3%, to settle at $78.50 a barrel.

read more... 24/11/2021

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