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German parliament approves stricter climate targets
Germany’s upper house of parliament on Friday approved stricter climate targets, including a 10-percentage point increase in its emissions reduction goal to 65% on 1990 levels by the turn of the decade.
read more... 28/06/2021
UK stands by offshore oil, gas licensing despite rising tensions over net-zero targets
The UK will still consider offering new offshore oil and gas licenses in the future, energy minister Anne-Marie Trevelyan said June 23, despite rising pressure on the country to ban new exploration in the wake of a landmark report on global carbon emissions by the International Energy Agency.
read more... 24/06/2021
Daily (21.06.2021): CO2 prices gained 2% on Friday, tracking stronger energy markets
Crude oil prices increased on Friday, lifted by favorable outlooks for black gold demand. Despite a stronger US dollar and renewed Covid-19 concerns, Brent oil edged 0.6% higher at $73.51 a barrel, and WTI crude rose by 0.8% to $71.64 a barrel.
read more... 21/06/2021
Daily (14.06.2021): European power prices decreased on Friday amid strong renewable output and weaker CO2 markets
Oil prices rose on Friday, hitting fresh multi-year highs as an improved demand outlook continues to boost market sentiment. The rollout of the vaccine in North America as well as Europe is helping to restore demand, while crude supplies remain unchanged. Thus, Brent crude edged 0.2% higher at $72.69 a barrel. At the same time, WTI crude increased by 0.9% to settle at $70.91 a barrel.
read more... 14/06/2021
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German scheme extension to support CHP plants gets EU approval
The European Commission has approved the extension and modification of an existing German scheme to support electricity production from highly efficient combined heat and power (CHP) plants.
read more... 07/06/2021