A forecasted cold spell and weak winds helped the benchmark emissions prices in the European Union hit an intraday record of EUR 101.16 per ton of carbon dioxide equivalent. Analysts are also pointing to technical factors and speculative investment that are adding upward pressure in the market.
Heiner Flassbeck, Friederike Spiecker – Eastern Europe: The Forgotten and Misunderstood European Hinterland
The Eastern European EU member states: a ticking time bomb. An excellent analysis. Read here
Kosovo has enormous problems with rule of law, corruption is widespread, and there’s still impunity for high officials and political leaders. This is not only true of Kosovo’s government, but also of the EU institutions […]
Gas has no place in a 1.5˚C world, and its use should already have peaked, but instead the expansion of the industry continues to rise, according to a new report by Climate Analytics. Read here