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Daily (08.11.2023): European carbon prices hit their lowest level in over a year due to substantial selling pressure
On Tuesday, oil prices extended their losses, primarily due to a negative indicator regarding Chinese exports. This development failed to inspire optimism among investors concerning the growth of the world's largest crude importer, China. As a result, both contracts plunged by over 4%. Brent crude settled at $81.61 per barrel, while WTI crude ended at $77.37 per barrel.
read more... 08/11/2023
Air Products to build Europe's largest blue hydrogen plant in Netherlands
Air Products and Chemicals said on Monday it will build, own and operate a carbon capture and carbon dioxide (CO2) treatment facility at its existing hydrogen production plant in Rotterdam, Netherlands.
read more... 08/11/2023
France Uncovers Massive White Hydrogen Deposit
The green hydrogen revolution has an energy problem. For years, green hydrogen – the industry term for hydrogen produced from renewable and clean energies – has been touted as a silver-bullet solution for hard-to-decarbonize industries. But producing green hydrogen is energy-intensive, making it a pricey endeavor that is often suboptimal in terms of efficient resource use. But yet another kind of hydrogen, white hydrogen, could finally provide the kind of climate panacea that green hydrogen has long promised – and failed – to deliver.
read more... 03/11/2023
Germany aims to support industry via tax relief, CCS
Germany’s economy ministry aims to help energy-intensive industry cope with higher energy prices via tax relief measures and decarbonise via carbon capture and storage (CCS), it said in a new plan on Tuesday.
read more... 26/10/2023
Work on Europe's largest carbon capture site to start in Rotterdam next year
Construction of Europe's largest carbon capture and storage (CCS) facility will begin in the Rotterdam port area next year, its developers said on Wednesday.
read more... 19/10/2023