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CCS
SSE to Pour £24BN Into the UK’s Clean Energy
The energy giant has reported a pre-tax profit of £1.5bn
Natural Gas
Niti Aayog for End to Price Curbs on Local Natgas
The Aayog has sent its gas price reform proposal to the petroleum ministry for consultation. It also wants natural gas included in the ambit of the goods and se…
Carbon Pricing
Singapore's Carbon Tax Will Help Develop Trade Flows, Price Discovery for Offsets Market
Singapore's plan to raise carbon taxes is expected to stimulate demand growth in the voluntary carbon credit market and facilitate price discovery.
Oil Price
India’s Fuel Appetite Seen at a Record even as Oil Nears $100
Local sales of gasoline, diesel and other fuels have started picking up after being whipsawed by several virus waves and tax-inflated pump prices in the past tw…
Oil Price
Soaring Fuel is Bad Timing for Governments Facing Voters
Oil’s relentless march toward triple figures has already prompted political action from incumbents. India cut retail taxes on gasoline and diesel in November a…
First-of-Its-Kind Hybrid-Electric Aircraft Takes to the Skies
A collaboration between Rolls-Royce, Tecnam Aircraft and Rotax successfully produces the new hybrid-electric aircraft P2010 H3PS.
Natural Gas
‘Poland’s Gas Plans Will Stop Net Zero Aims’
A new report claims Polish plans for new gas projects will cost taxpayers £3.3bn and make the 2050 target for reaching net zero an impossibility.
Nuclear Policy
European Commission Presents Text of Nuclear and Gas CDA
The European Commission has presented the final version of the Complementary Delegated Act of the EU Taxonomy Regulation covering certain gas and nuclear activi…
Carbon Emissions
CO2 Plans could Drive up EU Fuel Oil Exports
EU proposals to add CO2 emissions costs and taxes to conventional marine fuel prices starting in 2023 could reduce Europe's residual fuel oil demand for bunkeri…
EU
EU Green Finance Rules to Include Nuclear and Gas Projects
A draft of the bloc’s green finance taxonomy sets out conditions for projects to receive transition funds.
Carbon Neutral
S. Korea to Expand Tax Incentives for R&D on Carbon Neutrality Technology
South Korea plans to provide tax incentives for research and development on green technology designed to help cut carbon emissions in an effort to nurture new i…
Energy Taxation
Biden, Pushing Tax Breaks for Electric Vehicles, to Visit GM Factory
U.S. President Joe Biden will visit a Michigan General Motors electric vehicle plant next week as the White House pushes Congress to approve big tax incentives …
Mexico
Mexico's Pemex Back in Red Despite Oil Production Uptick
Higher tax payments and foreign exchange losses pushed Mexico's Petroleos Mexicanos back into the red in the third quarter, even as crude production recovered…
Energy Taxation
EU Links Tariff Preferences to Paris Climate Agreement
The European Commission today proposed linking its most preferential trade tariffs to compliance with the Paris international climate agreement.
Energy Taxation
Efforts to Curb Energy Tariffs 'Greenwashing'
The government is launching a review into how energy retailers market green tariffs to consumers.
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