CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

POWER: NGO's Take EU to Court On Stricter Emission Targets

POWER

Climate Action Network (CAN) Europe and Global Legal Action Network (GLAN) have taken legal action against the EU to toughen its emissions targets, the groups said, cited by Quantum Intelligence.

  • A court decision in favour of the NGOs could have a significant impact on the EU ETS as stricter caps could lead to higher prices – further supporting the ETS2 that is due to start in 2027, according to Quantum.
  • "The EU has to ramp up emissions reduction and achieve at least a 65% (gross) cut by 2030 if it wants to be a credible actor,” CAN Europe said.
  • The verdict is expected in early 2026. 
Energy BulletsBulletPower BulletsGlobalRegionCommodities
Energy BulletsBulletPower BulletsGlobalRegionCommodities

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.