Oil prices resumed their upward trend on Friday, boosted by the low level of US crude inventories, further tightening a market already worried about supply shortages. As a result, Brent crude edged 0.8% higher at $90.65 a barrel, while WTI crude rose by 0.7% to $87.51 a barrel.
read more... 11/09/2023
The European Commission president asked G20 leaders on Saturday to join a proposal to set up global carbon pricing.
read more... 11/09/2023
Extending carbon pricing to the rest of the world will be a key priority for the EU commissioners due to take up their posts in 2024, according to the European Commission’s top climate action bureaucrat.
read more... 08/09/2023
European Commission president Ursula von der Leyen today called on Africa to work together on a proposal for global carbon pricing at this year's UN Cop 28 climate change conference, which she said would unlock "huge" resources for climate action in Africa.
read more... 06/09/2023
Carbon capture and storage (CCS) technology is key to ensuring the survival and the competitiveness in Italy of industries including steel, cement and chemicals, energy group Eni and gas grid operator Snam said on Friday.
read more... 04/09/2023