BRUSSELS, Oct 24 (Reuters) – A European Union goal to cut
greenhouse gases by 40 percent by 2030, agreed early on Friday,
sets the pace for a global deal to tackle climate change,
pitting heavy industry against green business.
Industry bosses said they faced big challenges to adapt,
while greener firms said the EU had aimed too low to spur
low-carbon investment and climate campaigners said concessions
to polluters made it “a dirty thirty”, not a 2030 deal.
BRUSSELS, Oct 24 (Reuters) – European Union leaders struck a
deal on a new target to cut carbon emissions out to 2030,
calling it a new global standard but leaving critics warning
that compromises had undermined the fight against climate
Talks in Brussels stretched into the small hours of Friday
as Poland battled to spare its coal industry and other states
tweaked the guideline text on global warming to protect varied
economic interests, from nuclear plants and cross-border power
lines to farmers whose livestock belch out polluting methane.
BRUSSELS (Reuters) – European leaders aim to agree a new decade of energy policy to cut climate-warming gas emissions out to 2030 at an EU summit on Thursday, though sharp differences over sharing the cost means a deal could elude them.
The 28 member states want to set the pace for a global pact to be hammered out in Paris next year with industrial powers from Asia, North America and the rest of the world.
BRUSSELS, Oct 22 (Reuters) – EU leaders face hours of
haggling as they seek to agree on a new decade of climate and
energy policy at talks beginning on Thursday, with nations from
Poland to Portugal threatening to block a deal.
If the European Union can manage an accord, including a more
ambitious greenhouse gas cut, it will be the first major bloc to
set an emissions target for 2030 and would set the tone ahead of
United Nations talks next year on a global pact to manage
BRUSSELS (Reuters) – Portugal warned on Wednesday it could block an EU plan to cut greenhouse gas emissions if other states at a summit this week reject a binding target for building cross-border power cables and pipelines.
“We will not support a deal that does not include a binding target because we need to create a stable, predictable regulatory framework in order to attract private investment,” Bruno Macaes, Portugal’s secretary of state for Europe, told Reuters.
BRUSSELS (Reuters) – Russia and Ukraine failed to reach an accord on gas supplies for the coming winter in EU-brokered talks on Tuesday but agreed to meet again in Brussels in a week in the hope of ironing out problems over Kiev’s ability to pay.
After a day of talks widely expected to be the final word, European Energy Commissioner Guenther Oettinger told a news conference the three parties agreed the price Ukraine would pay Russia’s Gazprom – $385 per thousand cubic metres – as long as it paid in advance for the deliveries.
BRUSSELS, Oct 21 (Reuters) – U.S. firm Honeywell
International Inc’s joint venture with chemicals company
DuPont to produce a new refrigerant for car air
conditioning systems to meet new environmental rules may be
anti-competitive, the European Commission said on Tuesday,
following a near-three year probe.
The Commission said the agreements between the two companies
related to the new coolant, known as R1234yf, may have blocked
rivals keen to participate in its development and production.
BRUSSELS, Oct 21 (Reuters) – Russia and Ukraine aim to
resolve an impasse over natural gas supplies on Tuesday as their
energy ministers meet in Brussels for talks brokered by the
European Union’s energy commissioner.
Citing unpaid bills worth more than $5 billion, Russia cut
off gas flows to Kiev in mid-June, adding to tensions sparked by
Russia’s annexation of Ukraine’s Crimea region.
DEAUVILLE, France, Oct 16 (Reuters) – EU leaders are likely
to agree a new decade of climate and energy policy next week
despite the “legitimate concerns” of several nations, Europe’s
climate boss said on Thursday.
European Union leaders have set themselves a deadline of the
end of October to agree on green energy goals for 2030 to follow
on from 2020 policy.
BRUSSELS, Oct 16 (Reuters) – Belgian ethanol producer
Alcogroup and Swedish peer Lantmannen Agroetanol were raided by
European Union antitrust regulators last week as they widened a
17 month long investigation into suspected rigging of oil and
biofuels price benchmarks.
Regulators have in recent years cracked down on alleged
price-fixing across a series of benchmarks in the financial,
energy and commodities markets where even a small distortion can
have a major impact on prices.