Sunday, December 1, 2024
Analysts raise EU carbon price forecasts as tougher climate targets loom- oil and gas 360

Analysts raise EU carbon price forecasts as tougher climate targets loom

Reuters LONDON – Analysts have raised their European carbon market average price forecasts after prices hit record highs this month on expected toughening of EU climate targets and as cold weather drove up the cost of carbon permits. EU Allowances (EUAs) are expected to average 46.28 euros a tonne in 2021 and 55.67 euros in 2022, a Reuters survey of

Bill to pressure OPEC oil producer group passes U.S. House panel, future uncertain- oil and gas 360

Bill to pressure OPEC oil producer group passes U.S. House panel, future uncertain

Reuters WASHINGTON – A U.S. House panel on Wednesday passed a bill to open the OPEC oil production group and countries that work with it to lawsuits for collusion in boosting petroleum prices, but it was uncertain whether the legislation would be considered by the full chamber. The so-called NOPEC bill, introduced by Representative Steve Chabot, a Republican, passed on