BRUSSELS (Reuters) – Hours of debate on reform of the European Union’s Emissions Trading Scheme on Friday showed support for tighter annual pollution limits, but hardly any backing for a change to an overall EU 2020 goal on carbon cutting.
Both measures would reduce the oversupply of carbon allowances, which pushed the EU ETS to a record low of less than three euros per tonne earlier this year.
BRUSSELS, Feb 28 (Reuters) – Air pollution from heavy goods
vehicles costs Europe 43 billion to 46 billion euros ($56-$60
billion) per year – a cost that could be passed on to the
hauliers, a report from the European Environment Agency said on
The bill is especially high in Switzerland and Luxembourg,
which are major transit routes and are landlocked. Heavily
indebted Italy is also suffering because of the health costs
linked to vehicle exhaust fumes.
BRUSSELS, Feb 26 (Reuters) – European Union lawmakers on
Tuesday backed a Commission plan to suspend for a year a law
that would make all airlines using EU airports pay for their
carbon emissions, and urged U.S. President Barack Obama to
accelerate a global deal.
International fury at the EU law led Climate Commissioner
Connie Hedegaard last year to propose a temporary exemption for
BRUSSELS (Reuters) – EU leaders on Monday gave visiting Ukraine President Viktor Yanukovich until May to show his nation had made progress towards political reform if it is serious about clinching a free trade deal which would move it away from Moscow’s orbit.
Both the European Union and Ukraine are keen to cut their dependency on gas giant Russia, but Ukraine has yet to make a clear choice between closer EU ties or tighter links with Moscow.
BRUSSELS, Feb 25 (Reuters) – Economic crisis has bought time
to tackle the problem of unreliable and costly European power
but raised the risk that no one will pick up a 1 trillion euro
($1.3 trillion) bill to improve the supply network, a new report
The European Union’s economic woes have crushed energy
demand, which means that the market is oversupplied for now.
However, this also leaves big utilities short of cash.
WASHINGTON/BRUSSELS, Feb 22 (Reuters) – A U.S. proposal for
curbing aircraft emissions would exclude time spent flying over
international waters, an approach that some environmental groups
say is too timid in addressing the rise in greenhouse gasses
from the aviation sector.
The proposal, seen by Reuters, would cover just a quarter of
aviation emissions, according to some estimates, and is in sharp
contrast to a European Union law that would require all airlines
to pay a carbon fee for the entire flight if departing or
arriving at EU airports.
BRUSSELS, Feb 22 (Reuters) – Limits must be imposed on the
use of biofuels made from food crops, leading EU member states
France and Britain said on Friday, while questioning the detail
of a Commission proposal for a 5 percent cap.
Concern that some biofuels create more problems than they
solve led to a major policy shift in September when the EU
executive announced plans to limit the use of crop-based
biodiesel and bioethanol to 5 percent of total transport fuel
BRUSSELS, Feb 21 (Reuters) – The European Union on Thursday
agreed its first law to regulate safety in offshore oil and gas
drilling across the 27-member bloc and seek to prevent any
repeat of BP’s catastrophic Gulf of Mexico spill.
Some environmental campaigners said the law, which still
needs final endorsement from member states and the European
Parliament, was not robust enough. Others argued it could help
to protect Arctic waters from oil spills.
BRUSSELS, Feb 20 (Reuters) – Green campaigners pressed the
case for an ambitious new decade of energy and environment
policy on Wednesday as the European Commission kicked off debate
on 2030 goals, seeking to balance economic reality with climate
Environment groups say a possible new target of cutting
greenhouse gas emissions by 40 percent from 1990 levels -
implied from EU documents – fails to address their climate
BRUSSELS/LONDON (Reuters) – European politicians backed an emergency plan to rescue the world’s biggest carbon market from collapse on Tuesday but hesitated to kick off the drafting of legislation, sending prices down by as much as 20 percent.
The carbon market, meant to be a pillar of the European Union’s climate policy, has fallen to a series of record low prices because of a huge surplus of allowances, mostly generated by recession in the euro zone.