Deputy Energy Editor, EMEA
Barbara's Feed
Nov 9, 2015

Poland’s anti-climate rhetoric seen as more hot air than reality

WARSAW/BRUSSELS, Nov 9 (Reuters) – Poland’s bid to block
global efforts to slow climate change is likely to struggle to
gain traction as it risks alienating European partners and as
top emitters China and the United States dominate the
international debate.

Ahead of U.N. talks in Paris on a new climate pact, Poland’s
president vetoed an amendment to the Kyoto protocol on
greenhouse gas emissions, saying Warsaw needed more time to
assess the economic impact, a gesture the newly elected
government says is just the start.

Nov 9, 2015

Top EU court set for view on legality of free carbon permit rules

BRUSSELS, Nov 9 (Reuters) – A top EU court adviser will on
Thursday deliver an opinion on whether the European Commission’s
calculations to decide free carbon allowances are legal, in a
case brought by refiners OMV, Esso Italiana and
big chemical firms.

Analysts say the case is unlikely to affect prices on the EU
Emissions Trading System (ETS), at least in the immediate term,
because it will not change the overall number of allowances on
the market.

Nov 7, 2015

Volkswagen says will foot tax bill for carbon emissions blunder

By Jan Schwartz and Barbara Lewis

(Reuters) – The multi-billion-euro costs facing Volkswagen (VOWG_p.DE: Quote, Profile, Research, Stock Buzz) rose on Friday when the German carmaker said it would foot the bill for extra taxes incurred by drivers because it understated the carbon dioxide emissions of about 800,000 cars in Europe.

VW’s ability to push through its plans to make big spending cuts to pay for the emissions scandal was challenged by its works council, signaling an internal battle is looming at a company already assailed by regulators, investors and customers.

Nov 6, 2015

VW says will foot tax bill for carbon emissions blunder

By Jan Schwartz and Barbara Lewis

(Reuters) – The multi-billion-euro costs facing Volkswagen
rose on Friday when the German carmaker said it
would foot the bill for extra taxes incurred by drivers because
it understated the carbon dioxide emissions of about 800,000
cars in Europe.

VW’s ability to push through its plans to make big spending
cuts to pay for the emissions scandal was challenged by its
works council, signalling an internal battle is looming at a
company already assailed by regulators, investors and customers.

Nov 6, 2015

VW design chief quits as emissions scandal drags on

HAMBURG/BRUSSELS, Nov 6 (Reuters) – Volkswagen
design chief Walter Maria de Silva has quit, two sources
familiar with the matter said on Friday, adding to the list of
top executives to leave the carmaker since it admitted in
September to cheating diesel emissions tests.

The sources gave no reason for the resignation, which was
first reported by Auto Motor und Sport magazine. Volkswagen (VW)
declined to comment and de Silva could not immediately be
reached for comment.

Nov 6, 2015

Big investors seek tougher rules on car emission testing

BRUSSELS (Reuters) – Rules on the testing of car emissions should be toughened up to prevent a repeat of the Volkswagen (VOWG_p.DE: Quote, Profile, Research, Stock Buzz) scandal and the destruction of shareholder value which resulted, a group of leading investors has urged European Union policymakers.

In an open letter, the Institutional Investors Group on Climate Change (IIGCC) said it needed reassurance testing was reliable in order to allocate capital to “those entities that are best placed to deliver enduring value to shareholders”.

Nov 6, 2015

EU asks members to investigate after Volkswagen admits new irregularities

BRUSSELS (Reuters) – The European Commission has written to all 28 European Union member countries urging them to widen their investigations into potential breaches of vehicle emissions rules after Volkswagen admitted it had understated carbon dioxide levels.

Europe’s biggest motor manufacturer admitted in September it had rigged U.S. diesel emissions tests to mask the level of emissions of health-harming nitrogen oxides.

Nov 6, 2015

EU asks members to investigate after VW admits new irregularities

BRUSSELS, Nov 6 (Reuters) – The European Commission has
written to all 28 European Union member countries urging them to
widen their investigations into potential breaches of vehicle
emissions rules after Volkswagen admitted it had
understated carbon dioxide levels.

Europe’s biggest motor manufacturer admitted in September it
had rigged U.S. diesel emissions tests to mask the level of
emissions of health-harming nitrogen oxides.

Nov 5, 2015

EU finance ministers set for vague climate promises

BRUSSELS, Nov 5 (Reuters) – European finance ministers are
likely to agree on Tuesday to provide more cash to help the
world adapt to global warming, which campaigners say that will
be too weak for a successful outcome to the Paris talks on a new
climate deal.

Poor nations have said climate finance will be the biggest
issue for the Paris negotiations that begin on Nov. 30.

Nov 4, 2015

EU plans to tackle throw-away economy: document

BRUSSELS (Reuters) – EU regulators plan to make it easier to repair or re-use anything from electrical appliances to buildings, saying in a draft document that instruction manuals need to explain how to mend, rather than just throw away goods.

The European Commission has said it is “a passionate believer” in the business argument to move from a throw-away economy to a circular one based on more recycling and less waste. It is expected to outline a strategy to make the European Union’s economy more sustainable in December.