BRUSSELS, Oct 11 (Reuters) – Bosses from 10 utilities
representing half of Europe’s power-generating capacity urged
the European Union on Friday to adopt reforms to prevent
black-outs and help the indebted sector adapt to future demand.
The CEOs, who call themselves the Magritte Group after an
initial meeting in an art gallery, said EU energy and
environment policy was failing in its objectives and had raised
the risk of the lights going out.
BRUSSELS (Reuters) – Cuts in EU greenhouse gas emissions have almost reached the 20 percent target set for 2020, official figures showed on Wednesday, stoking a debate on how quickly the bloc should promise deeper cuts.
The European Environment Agency (EEA), a scientific body set up to inform EU policymakers, said emissions in 2012 were around 18 percent lower than in 1990.
BRUSSELS, Oct 8 (Reuters) – Britain’s plans to use public
money to subsidise a new generation of nuclear power suffered a
setback on Tuesday when EU policy-makers decided to exclude
atomic electricity from a list of funding guidelines.
An early draft raised expectations the Commission was
preparing to sanction public support for nuclear power and
whipped up a storm of protest, especially in the biggest EU
BRUSSELS, Oct 4 (Reuters) – Germany found unexpected allies
on Friday in its campaign to protect its premium automakers,
convincing EU diplomats to delay a vote on new carbon emissions
limits to take effect from 2020.
The European Union agreed a deal in June to cut CO2 to 95
grams per kilometre (g/km) for all new EU cars from 2020, but
Germany has lobbied to weaken the measure.
MONTREAL/BRUSSELS (Reuters) – The United Nations’ civil aviation body has reached outline agreement on a global scheme to curb airline carbon emissions, casting a shadow over a rival EU plan to lower pollution from planes.
The executive committee of the International Civil Aviation Organization (ICAO) agreed late on Thursday on a roadmap to create the world’s first global, market-based scheme by 2020.
BRUSSELS, Oct 3 (Reuters) – European policy-makers will
decide by the end of the year whether they need tailor-made
rules to cover the development of shale gas reserves, a senior
official said on Thursday.
Until now, the European Commission, the EU executive, has
said existing environmental law is adequate for the early stages
of shale gas exploration in Europe.
BRUSSELS/MONTREAL (Reuters) – European countries expressed support for an “imperfect” compromise to curb global aviation emissions on Wednesday but still face pressure to drop a key demand – to be able to apply the EU’s carbon trading scheme to foreign air carriers.
Delegates to the U.N.’s International Civil Aviation Organization (ICAO) are meeting in Montreal to try to hammer out a global agreement to set a path toward creating a global market-based mechanism by 2020 that would help limit growing carbon emissions in the sector.
BRUSSELS (Reuters) – Twenty-one Nobel laureates including South African anti-apartheid campaigner Desmond Tutu have written to European Union leaders urging them to implement a law that would label oil from tar sands as dirtier than other crudes.
The EU tar sands proposal has incensed the government of Canada, whose economy is highly dependent on its vast reserves of unconventional oil and it has overshadowed protracted talks on a trade treaty with the European Union.
BRUSSELS, Oct 2 (Reuters) – European Union policy-makers
have alarmed traders with plans to impose size limits on
physical commodity deals, a step campaigners say is needed to
crack down on speculators blamed for pushing up food and energy
The proposed changes to EU rules that could come into effect
from next year would deal a shock to multi-trillion dollar
markets used to trading beyond regulatory scrutiny.
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.