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.
Related Articles
Turkish Minute: Kılıçdaroğlu to win against Erdoğan in first round, says poll
Kemal Kılıçdaroğlu, the presidential candidate of an opposition bloc, is likely to win the upcoming May 14 elections in Turkey by securing 53.1 percent of the vote in the first round, a new poll conducted […]
Market Watch: Why India is the big winner as EU’s Russia oil ban redraws energy trade map
India buys oil cheaply from Russia & then sells it expensively as a refined product to Europe Read Here Photo: Indian oil refinery Kendash1987 licensed under the Creative Commons Attribution-Share Alike 4.0 International
Common Dreams: Meet the Big Polluters Sponsoring COP25
Whether it’s subsidies or the global response to this crisis, around the world, the influence of industries like the fossil fuel industry continues to hamper our policymaking to face the ecological and climate crisis. Read […]
Be the first to comment