Published 19:09 on September 25, 2017 / Last updated at 23:08 on September 25, 2017 / EMEA, EU ETS / No Comments
European carbon prices jumped more than 10% on massive volume of over 85 million tonnes traded on Monday, as bullish sentiment from yesterday’s German auction result and comments from major oil producers today lifted the entire energy complex.
Published 21:20 on September 25, 2017 / Last updated at 00:47 on September 26, 2017 / Americas, US / No Comments
The first ever carbon offsets were issued under the US’ RGGI programme last Friday, just as participating states are starting to back away from using the credits as a compliance option in the regional cap-and-trade scheme.
Published 23:04 on September 25, 2017 / Last updated at 23:04 on September 25, 2017 / EMEA, EU ETS / No Comments
EU carbon allowance prices will never reach the point where they alone will deter coal use among utilities and industry, Recharge News reported on Monday, quoting an anonymous European Commission energy department official.
Published 17:18 on September 25, 2017 / Last updated at 17:18 on September 25, 2017 / EMEA, EU ETS / No Comments
European power industry association Eurelectric has warned that a planned emission limit on capacity payments in post-2020 electricity market reforms will divert €20 billion in clean energy investment by forcing utilities to dash for gas.
Published 22:10 on September 24, 2017 / Last updated at 19:01 on September 25, 2017 / EMEA, EU ETS / No Comments
German Chancellor Angela Merkel won an expected fourth term in office on Sunday but faces building a new three-way coalition that could under some scenarios lead to accelerated climate action in the EU's top emitting country.
New Zealand’s parliamentary election ended in stalemate on Saturday, with the ruling National Party taking 46% of votes to top Labour and kill their plan to radically reform the country’s carbon market.
Published 16:19 on September 22, 2017 / Last updated at 16:19 on September 22, 2017 / EMEA, EU ETS / No Comments
British Prime Minister Theresa May on Friday called for a two-year implementation period to smooth the country’s exit from the EU, intending to keep market access under existing rules out to 2021 while reducing the odds that the UK would crash out of the bloc's ETS.
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