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Nuclear alone not enough for carbon neutrality
If France is to achieve carbon neutrality by 2050, it must integrate renewables into its energy mix, according to the head of the country’s energy regulator, RTE, who believes nuclear power alone will not be enough.
read more... 28/08/2023
German industry leans on Berlin for swift carbon storage plan
Leading German companies have urged Berlin to make public its strategy to enable carbon capture and storage by the end of this year, as they seek to capitalise on weakened opposition to the technology and prevent any political delay.
read more... 24/08/2023
Daily (23.08.2023): European carbon prices surged by over 2% amid bullish gas prices
Oil prices fell slightly on Tuesday due to the worsening economic outlook in China and uncertainties surrounding the possible impact of the economic slowdown in the US. Thus, Brent crude edged 0.5% down at $84.03 a barrel, while WTI crude traded 1.3% lower at $79.64 a barrel.
read more... 23/08/2023
Denmark plans to allocate 26.8 bln crowns for new CO2 capture and storage tenders
Denmark plans to allocate 26.8 billion Danish crowns ($3.9 billion) in state aid over 15 years for projects to capture and store 2.3 million metric tons of carbon dioxide (CO2) emissions per year, the climate and energy ministry said on Monday.
read more... 23/08/2023
New EU carbon tariff: German industry slams bureaucratic burden
Germany’s chemical and car industries are protesting the anticipated bureaucratic strain expected from the phase-in of the EU’s novel carbon border tariff (CBAM), while consultancy Deloitte finds that companies have failed to sufficiently prepare.
read more... 22/08/2023