The European Union is on track to adopt a delegated act focused on the production of low carbon hydrogen within the first quarter of the year. This act is part of the EU's efforts to promote the production and use of low carbon hydrogen as a cleaner energy source. Additionally, Quantum Commodity Intelligence offers a subscription service catering to professionals in various markets including oil, biofuels, carbon, ammonia, and hydrogen, providing essential daily price assessments, market news, and fundamental trade data. The European Commission has also initiated a call for proposals for its second Emissions Trading System auction, highlighting the region's commitment to sustainability and reducing carbon emissions.