European Union’s 27 Commissioners will meet today to discuss 2030 climate and energy legislation. Today they will consider early proposals for 2030 climate targets covering CO2 emissions and possibly renewable, but the energy efficiency is excluded from the list.
read more... 20/02/2013
A European Commission plan to temporarily remove some permits from the oversupplied EU carbon market if agreed could pave the way for deeper reforms. These could include permanently taking away EU carbon permits from the Emissions Trading System (ETS) or tightening restrictions on how much bigger emitters can pollute. The current Commission expires in 2014, meaning time is running out for any action and the market is beginning to resign itself to a prolonged period of low prices.
read more... 19/02/2013
Iberdrola, through its UK arm ScottishPower Renewables, has got the green light from the Scottish Government for the construction of wind complex Kilgallioch, whose development will require an investment of about 465 million euros.
read more... 18/02/2013
The EU is presently committed to reduce emissions 20% by 2020, but the European Commission President Jose Manual Barroso, declared this would be not enough to prevent dangerous levels of global warming. Barroso added that green growth is a path out of the five-year-old Eurozone crisis, saying that 4.8 million new jobs could be created if the EU meets its 2020 energy efficiency targets. Meanwhile, the EU has started talking about setting climate and energy targets for 2030.
read more... 13/02/2013
Europe’s consumption of coal increased last year after a long decline, due to a surge of cheap American coal on global markets.
read more... 08/02/2013