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Tuesday 14th of April 2020 | Posted In: Contracts, Comply, Generate, Use and Manage

Coronavirus causes Europe’s carbon market to crash

Read our top five energy-related news stories from the last couple of weeks. Energy is always in the news in one way or another, from renewable energy technology advancements and the latest from the ‘big six’ energy suppliers to advancements in energy saving and sustainability. In this blog, we share more about our favourite energy news stories from the last couple of weeks:

  1. Coronavirus causes Europe’s carbon market to crash: IHS Markit notes the market is currently trading around 40% down since early March. Read more…
  2. Coronavirus: Air pollution & CO2 fall rapidly as virus spreads: Levels of air pollutants and warming gases over some cities and regions are showing significant drops as coronavirus impacts work and travel. Read more…
  3. UK greenhouse gas emissions fall for seventh year in a row: The UK’s greenhouse gas emissions fell for a seventh consecutive year in 2019 after a record year for renewable energy, according to government figures. Read more…
  4. UK households paid to use electricity during Covid-19 lockdown: This happened as a surge in renewable generation on the weekend coincided with low demand caused by the coronavirus lockdown. Read more here…
  5. Oil jittery as Saudi Arabia-Russia talks delayed: Global oil prices remain on edge after Saudi Arabia and Russia postponed a meeting about a deal to cut output as the virus pandemic hits demand. Read more here…

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