Norway sets more ambitious non-ETS climate goals than EU members
Norway’s new government has set itself a more ambitious 2030 emission reduction goal for non-ETS sectors than any other EU member state, but the country is fighting criticism for failing to rein in its big-emitting oil and gas sector.
Read MoreEU Market: Brexit moves, cold snap help EUAs add 10% in three days
European carbon prices extended this week’s gains on Friday, nearing €25 on lingering bullish sentiment from Brexit developments and the cold snap that has started to chill much of Western Europe.
Read MoreEU Market: EUAs rise to test €24 as UK lawmakers plot Brexit re-think
EUAs rose to test €24 on Thursday as financial markets drew some comfort from UK lawmaker efforts to stave off a hard Brexit.
Read MoreA global carbon tax may be more feasible than previously thought -survey
The general public in both rich and poor countries shows a consistently high level of support for a carefully designed global carbon tax, a survey found.
Read MoreEU Market: EUAs jump on Polish auction, as coal lifts energy complex above Brexit cloud
EUAs climbed to a seven-day high on Wednesday as colder weather prospects and a bullish result in an oversized Polish auction lifted the energy complex amid wider Brexit uncertainty.
Read MorePOLL: Analysts trim near-term EUA price forecasts as bearish headwinds pick up
Analysts have trimmed their near-term EU carbon price forecasts following last year’s massive gains and amid Brexit uncertainties and a general lacklustre start to 2019, according to a poll of 12 experts conducted by Carbon Pulse.
Read MoreGlobal clean energy investment dips 8% as solar panel glut takes effect -BNEF
Global clean energy investments fell 8% in 2018 to $332.1 billion as a solar panel production glut slashed prices and China cut subsidy access, according to researchers BloombergNEF (BNEF).
Read MoreGlobal CO2 trading volume spikes 45% in 2018, value soars 250% amid reforms -analysts
Global traded carbon volumes rose 45% in 2018 to a five-year high of 9.1 billion tonnes as the dominant EU ETS market notched stellar price gains, Refinitiv analysts said in an annual market review on Tuesday.
Read MoreUK lawmakers reject Brexit deal, keeping EU ETS future in doubt
UK lawmakers overwhelmingly rejected negotiators’ Brexit deal late on Tuesday, triggering a vote of no confidence in Prime Minister Theresa May and prolonging the uncertainty over Britain’s future relationship with the EU and its carbon market.
Read MoreEU Market: EUAs steady as traders await Brexit vote
European carbon prices held steady on Tuesday ahead of a crucial vote by UK lawmakers on Prime Minister Theresa May’s Brexit deal with the EU.
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