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Daily (06.05.2021): Carbon prices increased by 1.7% on Wednesday due to stronger interest in the market
Crude oil prices remained rangebound on Wednesday, as gains from declining crude stocks in the United States were limited by concerns over global demand for black gold. Brent crude ended rather unchanged at $68.96 a barrel, and WTI oil edged 0.1% lower at $65.63 a barrel.
read more... 06/05/2021
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Italy’s April gas imports hit long-term high
Aggregate deliveries — combining pipeline gas and LNG sendout — of 233.6mn m³/d were the highest for any month since February 2012, when they had hit 259.8mn m³/d.
read more... 06/05/2021
Germany aims for net zero emissions by 2045, 5 years earlier
German officials proposed Wednesday that the country could bring forward the date for reducing its greenhouse gas emissions to "net zero" to 2045, after Germany's top court ruled that existing plans place too much of the burden for curbing climate change on young people.
read more... 06/05/2021
EU eyes 26pc renewable transport by 2030
A 312-page draft staff working document drawn up by the commission substantiates a forthcoming proposal to revise the EU's renewables directive as part of a wider package of measures to reach a 2030 target to reduce greenhouse gas (GHG) by 55pc. The document confirms a target share for renewables in overall energy consumption of at least 38-40pc in 2030, hinted at last year when the 55pc GHG cut was proposed.
read more... 06/05/2021
Daily (05.05.2021): Oil prices gained 2% on Tuesday, following a lift on travel restrictions in Europe
Crude oil prices strengthened on Tuesday, on the back of prospects for activity and travel resumption in several European countries, particularly France and Italy. As such, Brent oil increased by 2% to $68.88 a barrel and WTI crude rose by 1.9% to $65.69 a barrel.
read more... 05/05/2021