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Fuel Price, Excise, Strategic Reserves of Oil and Petroleum Products – What Do We Know About It?
Fuel prices plummeted again in February, causing concern in the local market, especially after additional forecasts that the cost of crude oil will continue to rise. Although it is impossible to stay immune to the changes happening in the global…
IEA Member Countries Agree to New Emergency Oil Stock Release in Response to Market Turmoil
The International Energy Agency’s 31 Member Countries agreed on Friday to a new release of oil from emergency reserves in response to the market turmoil caused by conflict between Russia and Ukraine, underscoring their strong and unified commitment to stabilizing…
Europe’s Q2 Diesel Share Hits Record Low As Plugin Share Doubles
Europe’s auto market saw diesel share fall below 20 percent for the first time in Q2 2021 from nearer 30 percent a year ago. Meanwhile plugin electric vehicle share more than doubled year-on-year to 16,9 percent in Q2. This is…
Battery Storage Paves Way for a Renewable-Powered Future
Battery storage systems are emerging as one of the key solutions to effectively integrate high shares of solar and wind renewables in power systems worldwide. A recent analysis from the International Renewable Energy Agency (IRENA) illustrates how electricity storage technologies…
Israel to Ban Petrol and Diesel Car Sales After 2030
Israel has announced a plan to ban petrol and diesel car sales after 2030. The government aims to replace them with electric cars and gas-powered trucks, funding more than 2,000 new charging stations around the country to help build a ‘critical mass’…
Babies in Strollers Breathe Up to 60 Percent More Dangerous Air Pollution Than Adults
Parents might want to think twice before pushing their babies in strollers alongside busy streets. A study published Aug. 10 in Environment International by the Global Centre for Clean Air Research (GCARE) at the University of Surrey found that babies…
Rome to Ban Diesel Cars from 2024
The Mayor of Rome has announced plans to ban diesel cars from the city centre by 2024, becoming the latest European city to declare war on the fuel. In an effort to clear the city’s notoriously congested streets and improve…