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Daily (20.07.2023): European carbon prices reached a two-week high amid upcoming cuts in auction volumes
On Wednesday, crude oil prices slipped on concerns about Chinese and US demand. Hence, Brent crude edged 0.2% lower at $79.46 a barrel, while WTI crude decreased by about 0.5% to settle at $75.35 a barrel.
read more... 20/07/2023
Spanish EU Presidency draws criticism on carbon capture technology
Spain, the current holder of the EU Council presidency, has been accused of undermining the adoption of carbon capture and storage (CCS) in Europe following the circulation of a discussion paper that questions the EU’s approach.
read more... 20/07/2023
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Portugal doubles 2030 goals for solar and hydrogen capacity
Portugal has more than doubled its 2030 goals for installed capacity of solar energy and electrolysers to produce green hydrogen, as it aims to decommission natural gas-fired power plants by 2040 and possibly become carbon neutral by 2045.
read more... 04/07/2023
UK to tighten emissions trading scheme from 2024
The UK emissions trading scheme (ETS) will be reformed next year to tighten limits on carbon dioxide pollution and expanded in 2026 to include new sectors, the relevant authority said on Monday.
read more... 03/07/2023
Daily (27.06.2023): European carbon prices extended their loses amid renewed short-selling positions
On Monday, crude oil prices rose due to concerns over global demand following the turmoil in Russia. Hence, Brent and WTI crude decreased by about 0.4% to settle at $74.18 a barrel and $69.37 a barrel, respectively.
read more... 27/06/2023