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Daily: European carbon drops on EU vote to curb supply
Brent crude oil prices declined after data showed China's factory sector shrunk in January for the first time in six months. Brent crude settled up $1.54 on Wednesday at $108.27, reaching its highest level this year.
read more... 24/01/2014
UK expands lifetime of old and inefficient coal power stations
Almost exactly a month after the House of Lords voted in favor of it, the UK Government voted against the modification to the Energy Bill which would have to put limits on coal burning in the UK, sparing the energy market from an even tighter squeeze as aged nuclear plants shut later this decade. Britain's power market is already tight as ageing capacity is being retired and a modest amount of new generation is being built. Members of Parliament voted 318 to 236 against including the amendment in the bill.
read more... 06/12/2013
Bulgaria to apply a 20% tax on solar, wind energy
Bulgaria’s parliament has approved a 20 percent controversial tax income from wind and solar power installations next year. The proposal was backed Thursday morning by 116 MPs, 38 voted against and 28 abstained.
read more... 06/12/2013
EU MEPs postponed vote on fracking until October
The members of European Parliament have postponed the 11 September vote on whether to include shale gas fracking in an update of the EU Environmental Impact Assessment Directive.
read more... 16/09/2013
Daily: Crude oil futures up on both sides of Atlantic on optimistic U.S economic data
Crude oil futures increased on both sides of the Atlantic on Thursday on optimistic U.S. economic data and a decrease in U.S. crude inventories. Brent traded above $115 early in the session as investors worried that supply disruptions could prolong in the Middle East after a U.S. Senate panel voted on Wednesday to back a military strike on Syria. Meanwhile, Brent crude rose 13 cents to $115.04 a barrel by 1:24 p.m. EDT (1724 GMT) after an earlier high of $115.55 and U.S. oil traded 81 cents higher to $108.04 a barrel after earlier reaching $108.54.
read more... 06/09/2013