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Lawmakers slam EU support for fossil gas projects undermining Green Deal
Their concern came in response to the EU’s draft list of cross-border energy infrastructure – known as projects of common interest (PCI) – which the European Commission is due to present next week.
read more... 16/11/2021
Daily (15.11.2021): Oil prices fell by nearly 1% on Friday, weighed by forecasts of lower demand and rumors of tapping into strategic reserves
Oil prices retreated on Friday, on rumors of potential withdrawals from US strategic reserves and OPEC data suggesting a slowdown in demand growth for the end of 2021. As a result, Brent oil lost 0.8% at $82.17 a barrel and WTI crude fell by 1% to $80.79 a barrel.
read more... 15/11/2021
Five EU countries form anti-nuclear alliance at COP26
In face of a French-led push to revive nuclear power in Europe, a group of five EU countries led by Germany have banded together to urge the European Commission to keep nuclear out of the EU’s green finance taxonomy.
read more... 15/11/2021
Nations strike deal on international carbon markets at Glasgow summit
Negotiators from almost 200 governments have reached a final deal on the rules governing the international trade of emissions reduction units after six years of haggling that had held up the Paris Agreement rulebook.
read more... 15/11/2021
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Russia says to fulfil contractual gas supply obligations amid Belarus threat
Russia will continue to meet its contractual gas supply obligations with its European customers, the Kremlin said Nov. 12, after Belarusian President Alexander Lukashenko hinted Nov. 11 that Minsk could consider blocking the transit of Russian gas to Europe.
read more... 15/11/2021