The U.S. has hit an important milestone in the reduction of GHG emissions. The U.S. State Department has announced recently that the U.S. is on the right way to reduce its emissions of greenhouse gases by 17% by 2020 if it endorses the proposed rules to cut pollution from power plants and curbs methane leaks.
read more... 27/09/2013
Crude oil prices traded higher on Thursday in light trading even if political worries eased and the supply outlook improved, as traders sought bargains after considerable losses earlier this month. Brent oil rose 89 cents to $109.21 a barrel, while U.S. crude futures boosted 37 cents to $103.03 a barrel, its first day of gains following five consecutive sessions of losses.
read more... 27/09/2013
Solar power capacity installed all over the world this year is on the track to eclipse wind for the first time, spurred by new subsidies and policy support, according to a report provided by Bloomberg New Energy Finance (BNEF).
read more... 27/09/2013
The US Environmental Protection Agency has recently proposed to limit carbon dioxide emissions from new power plants. Power plants are the largest concentrated source of emissions in the US, together accounting for roughly one-third of all domestic greenhouse gas emissions.
read more... 25/09/2013
Brent crude jumped on Tuesday in heavy spread trading as market players focused on the alleviation of tensions between Iran and the West. Front-month Brent crude for November delivery increased by 48 cents to settle at $108.64. Meanwhile, November U.S. crude decreased by 46 cents to close at $103.13 a barrel.
read more... 25/09/2013