Deputy Energy Editor, EMEA
Barbara's Feed
Dec 5, 2012

China demands timetable to $100 billion climate aid for developing world

DOHA (Reuters) – China led developing nations on Wednesday in demanding rich countries give details of a promised surge in aid to $100 billion a year by 2020 to help the poor cope with global warming.

But most rich nations, facing economic slowdown at home that cut overall development aid in 2011, said they were unable to stake out a timetable for rising aid at deadlocked global climate talks.

Dec 4, 2012

Extreme weather is new normal, U.N.’s Ban tells climate talks

DOHA (Reuters) – Extreme weather is the new normal and poses a threat to the human race, U.N. Secretary-General Ban Ki-moon said on Tuesday, as he sought to revive deadlocked global climate change talks.

Ban’s intervention came as efforts to agree a symbolic extension of the U.N. Kyoto Protocol, a treaty that obliges about 35 developed nations to cut their greenhouse gas emissions, looked to be faltering.

Nov 29, 2012

EU vote on plan to withhold carbon permits delayed

BRUSSELS, Nov 29 (Reuters) – EU member states will not vote
until next year on a plan to boost the European Union’s
Emissions Trading Scheme (ETS) by holding back some of a huge
surplus of allowances.

The scheme is meant to be the cornerstone of the European
Union’s policies on tackling climate change, but a collapse in
the price of ETS carbon allowances means it is no longer serving
to spur greener energy.

Nov 28, 2012

Obama needs to think beyond U.S. on climate: EU’s Hedegaard

BRUSSELS (Reuters) – U.S. President Barack Obama needs to shift focus from domestic pressure to global environmental efforts, the European Union’s climate chief said on Wednesday, a day after the president signed a rare U.S. law blocking a piece of EU emissions legislation.

Obama signed the EU Emissions Trading Scheme Prohibition Act, even though he could have just allowed it to become law without adding his official approval.

Nov 28, 2012

Poland says cannot surrender UN pollution permits

BRUSSELS, Nov 27 (Reuters) – Poland cannot surrender any of
its international pollution permits as they are a “sovereign
right”, Poland’s environment minister said on Tuesday,
dismissing arguments the nation’s glut of the allowances could
derail Doha climate talks.

Developing nations and campaign groups have said the rift
within the European Union over the permits, known as Assigned
Amount Units (AAUs), is the biggest obstacle to finding a way to
take the Kyoto process on tackling climate change forward.

Nov 26, 2012

Euro debt crisis saps EU’s ability to lead climate debate

BRUSSELS (Reuters) – The EU’s debt crisis has sapped its ability to lead the way in global climate talks, which began in Doha on Monday, and build on a fragile victory it clinched a year ago.

The European Union is one of the few to have promised to sign up to a second emissions-cutting period under the Kyoto process, the only international pact on tackling climate change.

Nov 22, 2012

Monuments to waste overshadow EU budget battle

BRUSSELS, Nov 22 (Reuters) – EU leaders go into a budget
battle on Thursday under pressure to avoid some glaring mistakes
of the past: half-empty motorways, airports that barely see a
flight and high-speed rail lines with few passengers to repay
vast construction costs.

Getting any deal on the European Union’s 2014-2020 budget
at this week’s Brussels summit will be hard enough. Tougher
still will be resisting the temptation to pour billions more
into projects that become monuments to waste.

Nov 21, 2012

Scottish independence bets on green energy

BRUSSELS/LONDON (Reuters) – Scotland’s bid for independence bets on meeting ambitious renewable energy goals as much as on the dwindling riches of North Sea oil and gas.

An estimated 90 percent of Britain’s oil and gas is in Scottish territory, but output is dwindling fast and with it any prospect that it alone could make Scotland viable as an independent economy.

Nov 14, 2012

EU carbon market needs quick fix and deep reform -Commission

BRUSSELS, Nov 14 (Reuters) – The European Union’s climate
boss on Wednesday demanded member states come to a deal before
the end of the year on a stop-gap measure to tackle the virtual
collapse of the bloc’s main instrument for cutting carbon
emissions.

Allowances on the EU Emissions Trading Scheme (ETS) sank
below 8 euros a tonne, down more than 9 percent on the day,
reflecting trader disappointment that Climate Commissioner
Connie Hedegaard’s statement on Wednesday did not go any further
.

Nov 13, 2012

EU fails to fill cash gap as climate talks loom

BRUSSELS (Reuters) – EU finance ministers have failed to deliver firm promises of cash to help poor nations deal with climate change, threatening progress at international talks to tackle global warming later this month.

Talks on Tuesday in Brussels agreed vague wording but no detail on funding after the end of this year when a first tranche of cash runs out.