The sharp drop in the EU’s CO2 price, caused by high energy prices and political uncertainty, risks the carbon market’s credibility – and may become an obstacle to the bloc’s industrial decarbonisation.
read more... 05/03/2024
Oil prices moved sideways on Thursday. Hence, Brent crude ended rather stable to bearish at $83.62 a barrel, as a higher-than-expected increase in US crude inventories put pressure on prices. WTI crude retreated by about 0.4% to end at $78.26 a barrel.
read more... 01/03/2024
Global energy-related emissions of carbon dioxide (CO2) hit a record high last year, driven partly by increased fossil fuel use in countries where droughts hampered hydropower production, International Energy Agency (IEA) said on Friday.
read more... 01/03/2024
Germany will change its CO₂ storage law to accommodate carbon capture and storage (CCS) for certain industrial sectors that were previously unable to use the technology.
read more... 29/02/2024
Germany will change its CO2 storage law to facilitate gas transport and is eyeing carbon capture in industry and the power sector while taking steps to become an emission-negative country past 2050.
read more... 27/02/2024