05:13 PM @ 11/08/2023
Germany will lift a levy on polluting fossil fuels used in housing and transportation to €40 ($44) per ton in 2024 and to €50 in 2025, a political compromise that pushes some of the additional costs of decarbonizing further into the future.SEE MORE04:37 PM @ 11/08/2023
China’s carbon price continues to climb, setting a fresh record on Friday as the government pushes power generators to secure enough permits for the year.SEE MORE04:25 PM @ 11/08/2023
The International Energy Agency (IEA) on Friday said demand growth for oil next year will be slower than previously forecast, citing lacklustre macroeconomic conditions, a post-pandemic recovery running out of steam and the burgeoning use of electric vehicles.SEE MORE04:09 PM @ 11/08/2023
Viet Nam’s economy will pick up pace over the second half of this year, and the following years, according to the World Bank (WB)’s latest economic update entitled “Making Public Investment Work for Growth”.SEE MORE04:50 PM @ 10/08/2023
The upcycle for global petrochemicals and polymers will only occur from 2025 onward as the market deals with slower than expected growth in China and overcapacities, the CFO at Brazil’s Braskem said on Wednesday.SEE MORE
