Carbon Market News

Hurricane Ida was upgraded to an "extremely dangerous" Category 4 storm by the National...

Hurricane Ida is predicted to intensify into a Category 4 hurricane before reaching landfall in Louisiana, potentially wreaking havoc on...

Reinsurer Swiss Re has agreed to pay "several hundred dollars per tonne of carbon dioxide" to reduce its carbon footprint...

Japan's Mitsubishi Shipbuilding has partnered with French energy company TotalEnergies to...

Shipping giant Maersk to spend $1.4 billion on vessels that could save the fleet 1 million mt of carbon dioxide emissions a year ahead of shipping joining EU cap and trade carbon market...

World leaders are caught between a rock and a hard place in setting a price for carbon....

China's economic planning body the NDRC has issued new warnings to some local governments that missed targets to control energy intensity...

Development of the Cambo oil field will be closely watched as a bellwether for political appetite to battle energy treaty which could slow green transition ...

Shares in both BHP Group and Woodside Petroleum dropped following the announcement that the companies would merge oil and gas...

A consortium of 29 international companies signed up for the next phase in Denmark's ambitious plans to store carbon dioxide ...

European carbon prices could be curling up like a spring to explode towards the current coal to gas switching price of €80 to €100/mt

The summer LNG rally that has seen record benchmark prices in Asia have to a large part been driven by European fundamentals as low inventories, limited Russia supplies...

Intercity mobility in China has collapsed in the first half of August according to data from technology company Baidu ...

Scotland's First Minister Nicola Sturgeon has written to UK Prime Minister Boris Johnson urging a "rethink" over greenlighting...

Surging domestic gas production in India is set to hamper its LNG import demand in the...

Total Chinese car sales fell for a third consecutive month in July due to the global shortage of...

A low-pressure weather system heading towards the Caribbean is likely to be upgraded to tropical storm Fred by the US National Hurricane Centre later...

Southeast Asia experienced a major surge in Covid-19 cases last month that has shown little signs of slowing, and the situation is expected to delay most of the region's economic recovery...

Scope three emissions would be too costly for oil companies under a $100 mt carbon tax regime, said a study ...

Energy traders are braced this month for an upturn in Atlantic weather systems following a quiet July, as August typically heralds the start of the 'peak' North Atlantic...