CO2 EMISSIONS
CARBON – Bullish gas, power to buoy EUAs
Date: 02.08.2021 Author: Rachael Burnett, Montel
Photo: Roman Peklaj
European carbon prices were up on the week on Friday morning at around EUR 53/t amid bullish gas and power and reduced summer auction capacity.
Lignite generation rebounds with high gas prices
Date: 30.07.2021 Author: Nathan Witkop, Montel
Photo: Alenka Lena Klopčič
The competitiveness of emissions intensive lignite-fired power plants has reversed its slump this year – despite record high carbon prices – thanks to a shortage of gas, Germany’s EWI energy
EU ETS innovation fund invests in first promising projects
Date: 29.07.2021 Author: Nathan Witkop, Montel
Photo: Roman Peklaj
The EU is investing EUR 118m in carbon market revenues in 32 transformative low-carbon projects across Europe as part of the first tranche of support from its new Innovation Fund, it said on Tuesday.
High cost of CCS holds back its use in Croatia - experts
Date: 22.07.2021 Author: Tanja Srnovršnik
Photo: www.dnv.com
The high cost of carbon capture and storage technology (CCS) is preventing Croatia from introducing it into its industrial sector or at its Plomin coal-fired power plant, says the country’s energy
Fossil fuel support level untenable for climate goals – BNEF
Date: 21.07.2021 Author: Laurence Walker, Montel
Photo: Roman Peklaj
G20 member countries’ support for fossil fuels is still at levels untenable to achieve Paris Agreement goals, a new report by Bloomberg NEF and Bloomberg Philanthropies showed on Tuesday.
EC plans intervention in new ETS to prevent big price shocks - official
Date: 20.07.2021 Author: Tanja Srnovršnik
Photo: ACER
The European Commission has proposed the inclusion of “an emergency brake” in the new emissions trading system (ETS) for road transport and buildings to ensure a gradual increase in carbon prices,
Emissions set to hit record high in 2023 – IEA
Date: 20.07.2021 Author: Robin Newbold, Montel
Photo: Pixabay
Global greenhouse gas emissions are set to hit a record high in 2023 “with no clear peak in sight”, the International Energy Agency (IEA) said on Tuesday.
EUAs could reach EUR 90/t by 2030 – Icis
Date: 19.07.2021 Author: Tanja Srnovršnik
Photo: Ana Vučina Vršnak
EU ETS prices are expected to reach around EUR 90/t by 2030 if there are no changes to the reforms proposed by the European Commission last week, said an analyst at commodities consultancy Icis.
Analysts expect CO2 prices to hurdle EUR 60/t in 2021
Date: 16.07.2021 Author: Rachael Burnett, Montel
Photo: Informa Echo
Europe’s benchmark carbon price could surpass EUR 60/t by the end of the year, thanks to ETS reform proposals to speed up and deepen emissions reductions, analysts said at an Argus webinar on
CO2 border tax may spur a rise in carbon leakage – experts
Date: 16.07.2021 Author: Rachael Burnett, MontelPhoto: www.dnv.com
The EU’s carbon border adjustment mechanism (CBAM) could see more energy intensive industries exit the 27-nation bloc as free ETS allowances are phased out by 2036, experts said at an Argus webinar
EC proposals to see EU-wide coal exit by 2030 – analysts
Date: 15.07.2021 Author: Rachael Burnett, Sophie Tetrel, Montel
Photo: Roman Peklaj
Coal would be phased out of Europe by 2030 due to rising carbon prices spurred by the European Commission’s reformed climate targets, analysts told Montel.
Power sector emissions could hit record level in 2022 – IEA
Date: 15.07.2021 Author: Jeff Coelho, MontelPhoto: Ana Vučina Vršnak
Carbon dioxide emissions from the electricity sector could reach record levels next year, because clean power sources are not expanding fast enough to meet a strong rebound in global demand, the
