Deputy Energy Editor, EMEA
Barbara's Feed
Sep 29, 2013

Ruffled feathers after China detains Bolt, world’s priciest pigeon

BRUSSELS, Sept 29 (Reuters) – Feathers are flying after
Chinese authorities seized hundreds of Belgian pigeons,
including Bolt, the world’s most expensive racer, sold for
310,000 euros ($419,800) earlier this year.

Bolt was released last Thursday, together with 400 of his
feathered friends, but a further 1,200 racing pigeons are still
captive because of a dispute over import duties.

Sep 27, 2013

French carmakers back German bid to delay CO2 curbs – sources

BRUSSELS/PARIS (Reuters) – Germany has enlisted French carmakers’ support for a last-ditch bid to delay new EU vehicle emissions limits by four years as it battles to win more time for its luxury auto industry, government officials and diplomats said.

Berlin wants to re-open and water down draft carbon dioxide goals agreed in June by introducing the phase-in period, under a proposal circulated by diplomats on Friday and seen by Reuters.

Sep 27, 2013

Exclusive: French carmakers back German bid to delay CO2 curbs – sources

BRUSSELS/PARIS (Reuters) – Germany has enlisted French carmakers’ support for a last-ditch bid to delay new EU vehicle emissions limits by four years as it battles to win more time for its luxury auto industry, government officials and diplomats said.

Berlin wants to re-open and water down draft carbon dioxide goals agreed in June by introducing the phase-in period, under a proposal circulated by diplomats on Friday and seen by Reuters.

Sep 27, 2013

French carmakers back German bid to delay EU carbon limits-sources

BRUSSELS/PARIS, Sept 27 (Reuters) – Germany has enlisted
French carmakers’ support for a last-ditch bid to delay
implementation of EU carbon dioxide limits by four years,
government officials and diplomats said on Friday.

Berlin wants to re-open and weaken draft car emissions rules
agreed in June by introducing the phase-in period, under a
proposal circulated by German diplomats and seen by Reuters.

Sep 25, 2013

High energy costs hamper EU industry – Commission

BRUSSELS, Sept 25 (Reuters) – EU nations will be left far behind the United
States unless they address high energy costs that are worsening the continent’s
industrial decline, the European Commission said on Wednesday.

To tackle the issue the Commission, the EU executive, is preparing a policy
document for later this year followed by an EU summit in February 2014 focused
on industry, EU sources said.

Sep 19, 2013

Europe weighing 40 percent 2030 carbon-cutting goal-EU sources

BRUSSELS, Sept 19 (Reuters) – European Union regulators are
considering doubling the bloc’s target to cut greenhouse gas
emissions by 2030 and setting a tougher binding goal for
renewable energy use, EU sources said.

The European Commission, the EU’s executive, outlined new
targets earlier this year but has yet to follow up with a firm
legislative proposal. That is expected around the end of the
year.

Sep 18, 2013

Europe sets out plans to stop benchmark rigging

BRUSSELS, Sept 18 (Reuters) – European Union regulators
proposed new rules on setting commodity and interest-rate
benchmarks on Wednesday that backed away from their earlier
plans for sweeping EU oversight of the multi-trillion-euro
markets.

The draft law would regulate benchmarks for the first time
at the European level and aims to prevent scandals such as the
rigging of the London Interbank Offered Rate (Libor), used to
price some $300 trillion of products including home loans and
credit cards globally.

Sep 18, 2013

EU softens new rules to tackle benchmark rigging

BRUSSELS, Sept 18 (Reuters) – European Union regulators
proposed new rules on Wednesday on how commodity-price and
interest-rate benchmarks are set, but the plans are a paring
back of original ambitions for greater EU oversight of the
multi-trillion-euro markets.

The draft law, presented by the EU’s regulation chief Michel
Barnier, is a central element of the bloc’s response to the
rigging of the London Interbank Offered Rate (Libor) – a
benchmark used to price products from home loans to credit cards
worth $300 trillion.

Sep 17, 2013

EU softens new rules on benchmark rigging

BRUSSELS, Sept 17 (Reuters) – EU regulators will abandon
earlier plans to place commodity and financial benchmarks under
the sole watch of a Paris-based regulator when they announce a
legal framework to prevent price rigging on Wednesday.

The draft law, to be presented by the European Union’s
regulation chief Michel Barnier, is a central plank of the
bloc’s response to the rigging of the London Interbank Offered
Rate (Libor) – a benchmark used to price products from home
loans to credit cards worth $300 trillion.

Sep 2, 2013

U.N. struggling to avert carbon trade war with aviation deal

BRUSSELS/WASHINGTON (Reuters) – Talks at the U.N.’s aviation body must bridge a deep divide between developed and emerging nations over airline emissions to avert the threat of a carbon trade war with the European Union.

After more than a decade of debate at the International Civil Aviation Organization (ICAO), there is little sign emerging powers China and India are ready to pay to pollute.