Energy
Around $1.70 is now invested in clean energy for every $1 invested in fossil fuels. Is that enough to get us to net zero?
Posted in: News
Lug
15
2023
It has been a volatile few years for the energy sector. Extreme disruption from the global energy crisis has intersected with a pressing need to urgently ramp up renewables investment to help avoid a climate crisis. So how has the energy crisis redrawn the renewable ...more »
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Lug
09
2023
Every day, governments, financial institutions and corporations have a choice to make: invest in physical assets that emit greenhouse gases and harm nature or prioritize the development of green solutions that foster a stable, resilient and equitable economy. As communities face the harsh impacts of ...more »
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Giu
05
2023
Starting today, a particular type of US oil will factor into calculating rates for Brent crude, the European benchmark commodity that is the mainstay for global oil pricing. The shift signifies America’s growing influence in the world energy market. To understand how oil pricing works, ...more »
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Mag
01
2023
Four new companies have committed $100 million to remove carbon dioxide from the atmosphere as part of an effort started by several major tech companies to jumpstart the nascent carbon dioxide removal industry. JPMorgan Chase, Autodesk, H&M Group, and Workday announced on Wednesday a combined $100 million commitment ...more »
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Giù il gas, cade l’import di energia
Posted in: News
Mar
18
2023
Quinto calo mensile consecutivo. Partiamo da qui, dai nostri acquisti dall’estero, perché è proprio dal lato delle importazioni che è possibile capire il livello di “febbre” che ancora patisce la nostra economia dal lato dei prezzi. Gennaio, nei dati Istat, porta da questo punto di ...more »
Tagged width: energy
Mar
12
2023
Saudi Arabia’s state-controlled oil giant Aramco on Sunday reported a record net income of $161.1 billion for 2022 — the largest annual profit ever achieved by an oil and gas company. Aramco said net income increased 46.5 percent over the year, from $110 billion in ...more »
Tagged width: capital markets, energy
Feb
25
2023
The price of permits on the European Union’s carbon market hit 100 euros ($106.57) per tonne for the first time on Tuesday, a milestone that reflects the increased costs that factories and power plants must pay when they pollute. The benchmark EU Allowance (EUA) contract ...more »
Feb
19
2023
European natural gas futures settled below €50 a megawatt-hour for the first time in over 17 months as the region’s worst energy crisis in decades recedes — though there are signs further price declines are unlikely. Futures have plunged by more than 80% from their August ...more »
Feb
12
2023
Europe has been facing an unprecedented energy crisis. Twenty-seven member states of the European Union (EU) got almost 40% of their natural gas imports from Russia in 2021. However, soon after the EU imposed sanctions on Moscow following its invasion of Ukraine… https://www.weforum.org/agenda/2023/02/eu-renewables-energy-crisis/