Deputy Energy Editor, EMEA
Barbara's Feed
Oct 2, 2013

Top EU powers backing down over aviation emissions-sources

BRUSSELS/MONTREAL, Oct 2 (Reuters) – Britain, France and
Germany are ready to water down the EU’s position on aviation
emissions to try to strike a global deal after some regions
threatened a trade war when the EU put in place restrictions on
its own, sources close to the talks said.

But the sources said the shift in stance by the countries
could jeopardise the EU’s carbon trading scheme – the central
plank of its climate policy – and put them on collision course
with the European Parliament, which could reintroduce the EU
emissions restrictions if it is not happy with a global deal.

Oct 1, 2013

Poland pits itself against EU climate promises

BRUSSELS (Reuters) – European ministers are sharply divided over proposed promises on carbon cuts as part of U.N. negotiations, a draft document shows, with Poland at the forefront of opposition.

A meeting of environment ministers in Luxembourg on October 14 is meant to agree a joint EU stance ahead of U.N. climate talks in Warsaw in November and December.

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.