Deputy Energy Editor, EMEA
Barbara's Feed
May 21, 2015

EU told rules on commodity price speculation risk losing their teeth

BRUSSELS/LONDON, May 21 (Reuters) – New European Union rules
to crack down on speculation in food and other commodity prices
risk being watered down during final negotiations over detail,
campaigners said on Thursday.

Following the United States’ lead, the 28-country bloc will
set limits on how big a position traders can hold in grains, oil
and other commodities to avoid undue influence over prices.

May 20, 2015

EU says Europe’s bathing waters have become cleaner

BRUSSELS, May 20 (Reuters) – Europe’s inland and coastal
waters have become cleaner and nations such as heavily-indebted
Greece and Cyprus boast some of the most pristine bathing spots,
according to this year’s EU report on water quality, published
on Wednesday.

Compiled annually by the European Environment Agency, the
latest report on bathing waters finds six nations rated
“excellent”: Croatia, Cyprus, Germany, Greece, Luxembourg, and

May 18, 2015

Saudi Arabian Airlines fined $1.6 million for breaking EU aviation law

BRUSSELS, May 18 (Reuters) – Saudi Arabian Airlines has been
fined some 1.4 million euros ($1.6 million) by a regional
Belgian government for breaching EU carbon emissions rules,
making it the first big non-EU carrier to be fined for breaking
the EU aviation law.

The European Union requirement that all aircraft using its
airports pay for carbon emissions caused international outcry
when it was introduced at the start of 2012.

May 15, 2015

Britain risks losing out in carbon debate if it exits EU

BRUSSELS/LONDON (Reuters) – Should Britain vote to leave the European Union it would be relegated to the sidelines over important carbon market reforms vital to safeguarding EU environmental targets over the next decade and beyond.

The Conservative Party’s victory in general elections this month means Britons will be asked to vote on whether to leave the club of 28 EU nations possibly as early as next year.

May 15, 2015

Latvia’s forest gas storage to shape Baltics energy balance

INCULKALNS, Latvia, May 15 (Reuters) – Buried under heavy
clay deep in the Latvian birch forests, sit the giant Soviet era
gas reservoirs whose fate draws together the main players in the
tense energy power game of the Baltics.

A share in the site is for sale, which will dent Russia’s
influence. The asking price from the German stake-seller
deterred Latvia itself from stepping in, leaving a European
Commission-linked fund as the only bidder, government sources

May 13, 2015

EU diplomats approve proposal to start CO2 market reform in 2019

BRUSSELS (Reuters) – European Union diplomats have approved a proposal to begin reforms of the bloc’s carbon market in 2019, Latvia, the holder of the EU Presidency, said on Wednesday.

The proposal to start operating a so-called Market Stability Reserve (MSR) under the Emissions Trading System (ETS) from Jan. 1, 2019, was adopted at a closed-door meeting of diplomats representing the 28 nations of the EU.

May 12, 2015

WHO findings on weed killer will not speed up EU safety review

BRUSSELS (Reuters) – EU regulators will not accelerate a decision on whether to restrict use of the world’s most widely used weed killer, even though it has been linked to cancer by the World Health Organization (WHO), officials said on Tuesday.

The International Agency for Research on Cancer (IARC), part of the WHO, said in March that glyphosate was “probably carcinogenic to humans”.

May 7, 2015

Greece, other EU strugglers emerge winners from carbon reforms-data

LONDON/BRUSSELS (Reuters) – Europe’s poorest nations, including heavily indebted Greece, emerge the main winners from a deal to reform the world’s biggest carbon market that will raise billions for EU governments, data from Thomson Reuters Point Carbon shows.

The European Union on Tuesday reached a preliminary accord to launch on Jan. 1, 2019, a Market Stability Reserve (MSR) to remove some of the hundreds of millions of carbon allowances that have depressed the EU Emissions Trading System.

May 6, 2015

European carmakers seek delay to tougher emissions testing

BRUSSELS, May 6 (Reuters) – European carmakers are lobbying
for a three year delay to new rules that would reduce the
fuel-saving claims they can make for their vehicles, according
to an industry paper seen by Reuters.

The European Commission wants to tighten vehicle testing to
close loopholes such as driving on an unrealistically smooth
surface and taping up car doors and windows.

Apr 30, 2015

EU carbon talks next week could clinch reform deal

BRUSSELS, April 30 (Reuters) – European Union talks next
week could clinch a deal to shake up the world’s biggest carbon
market after a change of position by the Czech Republic removed
a major obstacle to an early start for reforms.

The EU Emissions Trading System (ETS) is meant to be central
to efforts to cut carbon emissions, but a huge surplus of carbon
allowances caused by recession means they are not worth enough
to drive a switch from highly-polluting coal to greener fuels.