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Oil Price
Oil Reaches Three-Week High as China Relaxes COVID Limits
WASHINGTON, 27th December, 2022 (WAM) -- Oil touched a three-week-high Tuesday as China's latest relaxation of COVID-19 restrictions fueled prospects of a d…
Energy Taxation
Inflation Reduction Act: What Manufacturers Need To Know About New Clean Energy Tax Credits
Inside a JinkoSolar Smart Facility (Courtesy: JinkoSolar)Manufacturers should consider seeking Section 48C Advanced Energy Project Credit allocations, recently …
Alok Sharma Calls for Increased Windfall Tax After BP Bumper Profits
Cop26 president says 'excessive profits' must be treated in 'the appropriate way' when it comes to taxation.
Microgrid
AXA IM Invests $15MN in Greenstruxure to Grow US Microgrids
AXA Investment Managers joins line of investors in GreenStruxure which is developing on-site renewable energy microgrids for commercial buildings in the US.
Carbon Emissions
Japanese Firms Team up to Produce ‘Carbon-Free’ Methane
Japan's largest gas retailer Tokyo Gas, engineering firm IHI and space agency Jaxa have secured a subsidy to further develop production of "carbon-free" synthet…
Wind Farm
Ørsted Sells 50% Stake in 1.3GW Hornsea 2 Wind Farm
Ørsted has signed an agreement to divest a 50% ownership stake in the UK’s 1.3GW Hornsea 2 Offshore Wind Farm to a consortium comprising AXA IM Alts and Créd…
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 …
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.
Solar Company
Q CELLS, LG, Mission Solar Join Petition to Extend Solar Panel Tariffs
The tariffs on imported solar cells and panels began in 2018 after U.S. manufacturers Suniva and SolarWorld filed a Section 201 petition with the ITC
Energy Taxation
US Energy Retailer's Nuclear Tariff Grows in Popularity
US energy retailer Energy Harbor has claimed "strong demand" for its tariffs offering carbon-free electricity from nuclear power plants.
China
China Strikes Back At EU For Carbon Border Tax
The European Union is breaching trade principles with its proposal to impose a so-called carbon border tax that would push up the prices of non-EU products sold…
Energy Taxation
India May Oppose Carbon Border Tax at G20 Meet
Under a proposal by EU, the 27 EU nations will impose a border tax on imports of carbon-intensive goods. The tax plan, yet to be legally formalised, will come i…
Energy Taxation
UK 'Determined' to Reach Fair Global Taxation Deal as G7 Finance Ministers Gather in London
Chancellor Rishi Sunak makes international pact on taxing digital tech firms 'a priority'
Carbon Emissions
Indonesia Considering Carbon Tax Under Major Tax Overhaul
Indonesia has drawn up proposals to bring in a carbon tax to curb greenhouse gas emissions, in addition to raising VAT rates and reforming income tax, as part o…
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