All renewables PPA structures at a glance
German scientists have identified 18 typologies of power purchase agreements for the renewable energy market. Their research is intended to support policymakers, scientists and investors in implementing their own PPA analysis and choices…Read More
Support grows for global tax on shipping emissions to fund climate action
Shipping-reliant nations like Panama and Liberia have joined the EU, Japan and small islands in backing an emissions levy The post Support grows for global tax on shipping emissions to fund climate action appeared first on Climate Home News…Read More
LA fires show human cost of climate-driven ‘whiplash’ between wet and dry extremes
These cycles can worsen wildfires, like in California, where rapid vegetation growth is followed by drying – and also exacerbate flooding when unusually heavy rains hit baked ground The post LA fires show human cost of climate-driven ‘whiplash’ between wet and dry extremes appeared first on Climate Home News…Read More
China’s Support for Russia Strains Ties with Europe
Former Lithuanian Foreign Minister Gabrielius Landsbergis offered a clear warning for those who say that China is able to mediate an end to the war in Ukraine. Finding Perspective: Speaking to the French international affairs outlet Geopolitique.eu, Landsbergis stamped down the idea. “China is waiting for a moment of weakness to step in and offer […]
Oil Falls After Gaza Ceasefire Deal
Oil prices retreated in Thursday’s trading after Israel and Hamas reached a Gaza ceasefire and hostage release deal following 15 months of war. According rto Qatari Prime Minister Sheikh Mohammed bin Abdul Rahman Al Thani, the agreement will come into effect on Sunday if approved by the Israeli cabinet. …Read More
Uzbekistan Charts New Trade Routes Bypassing Russia
The Uzbek government is authorizing measures to diversify trade routes that bypass Russia. A decree issued by Uzbek President Shavkat Mirziyoyev sketches a five-year improvement plan to facilitate commerce via the Middle Corridor, an emerging network connecting China to Europe via the Caspian Sea corridor. The areas covered by the decree include expanding trade routes…Read […]
Italy’s Largest Bank Takes First Step into Bitcoin with $1 Million Purchase
Italy’s biggest bank, Intesa Sanpaolo, has made history by becoming the first Italian financial institution to buy 11 bitcoins for a “test” purchase worth $1 million. Initially a widespread rumor, Bloomberg has confirmed that Italy’s largest banking giant has indeed dipped its toes in Bitcoin. According to an internal memo…Read More
EU Considering Lifting Sanctions On Syrian Oil & Gas
The European Union is considering lifting wide-ranging sanctions on Syria, including restrictions on the country’s oil and gas sector following the ouster of former Syrian President Bashar al-Assad a month ago. In a non-paper–an informal EU document used by member states in closed door negotiations–the EU has proposed the removal of “export ban on oil […]
Cocoa Prices Tumble on Weakness in Global Demand
March ICE NY cocoa (CCH25 ) today is down -280 (-2.59%), and March ICE London cocoa #7 (CAH25 ) is down -187 (-2.14%). Cocoa prices today retreated to 1-week lows on signs that high prices are causing demand destruction for cocoa. The European Cocoa Association reported today that Q4 European…Read More
Dollar Turns Lower on Dovish Fed Governor Waller
The dollar index (DXY00 ) today is down by -0.09%. The dollar today gave up an early advance and turned lower on dovish comments from Fed Governor Waller, who said if inflation moves lower, there may be more Fed rate cuts this year than the market anticipates…Read More