LONDON (Reuters) – Europe should focus on cutting carbon emissions, rather than just repeating an existing range of EU green policy targets that expire at the end of the decade, Britain’s energy and climate chief said on Monday.
Business, which needs investment certainty, has been heaping pressure on the European Commission to come up with policy to replace goals that expire in 2020.
BRUSSELS, May 11 (Reuters) – Anti-corruption law on how EU
oil, gas, mining firms and the logging industry report payments
to governments could be nearing agreement, following a
compromise proposal that tackles industry objections to
disclosing individual projects.
Talks are ongoing between the Commission, member states and
the European Parliament, but a Danish presidential spokesman
said he believed a deal was possible before the end of the
Danish EU presidency in June.
BRUSSELS/OTTAWA (Reuters) – There’s a science to using science.
On May 9, the government of Alberta released a study into the extra carbon emitted by crude produced using oil sands instead of more conventional sources. The study, by a unit of California-based Jacobs Engineering Group, found that emissions from oil-sand crude are just 12 percent higher than from regular crude.
But the report was not just about the science. It also sent a political signal to Europe: Canada’s fight over oil sands is not done yet.
BRUSSELS/OTTAWA, May 10 (Reuters) – There’s a science to
On May 9, the government of Alberta released a study into
the extra carbon emitted by crude produced using oil sands
instead of more conventional sources. The study, by a unit of
California-based Jacobs Engineering Group, found that emissions
from oil-sand crude are just 12 percent higher than from regular
BRUSSELS, May 7 (Reuters) – EU nations have yet to come up
with a plan on how to fill a multi-billion euro fund to help
tackle climate change, even as the region’s executive body hosts
talks with countries likely to bear the brunt of extreme
The European Union recommitted to providing 7.2 billion
euros ($9.4 billion) for the fund over 2010-12, according to
draft conclusions seen by Reuters ahead of a meeting of EU
finance ministers next week.
PARIS, May 4 (Reuters) – Free access to emerging renewable
energy markets such as Brazil, China and India will be a major
factor in helping the European Union maintain its lead in green
energy, according to draft documents seen by Reuters.
A draft European Commission communication on renewable
energy, expected to be published later this month, said EU
member states need to share renewables across borders with the
help of improved infrastructure and underlined the urgency of
agreeing on new laws to guide investment.
BRUSSELS (Reuters) – The European Union could fail to hit its green goals unless it manages to drive carbon prices on its Emissions Trading Scheme (ETS) to around three times current levels, Spain’s Acciona Energy said.
Acciona is among a group of businesses – including Royal Dutch Shell, Unilever, Philips, Deutsche Telekom and Vodafone – whose leaders on Thursday met European Commission President Jose Manuel Barroso and other senior officials from the EU executive.
BRUSSELS, May 2 (Reuters) – Energy security, power markets
and sustainable urban development top the agenda at talks on
Thursday between European Commission bosses and visiting Chinese
officials, led by Vice Premier Li Keqiang, as both sides
scramble for supplies and market share.
Beijing and the European Union, China’s leading trade
partner, launched regular dialogue on energy in 2005 on the
margins of one of a series of EU-China summits.
COGNAC, France (Reuters) – In the 18th century, one Richard Hennessy fled his native County Cork in Ireland to serve in the armies of Louis XV of France before settling in the southwestern town of Cognac.
Once the alarums of battle had faded, he shipped a few barrels of the local tipple home. The rest is history and the Cognac house still bearing the Hennessy name is a world leader.
BRUSSELS, April 27 (Reuters) – The European Commission,
which has begun talks with the EU’s biggest natural gas supplier
Russia on cementing energy ties until 2050, said both sides had
to work on burying carbon emissions or gas would have only a
short future as a fuel.
Energy Commissioner Guenther Oettinger told an EU-Russia
conference in Brussels that, for the 27-member bloc to continue
using gas beyond around 2030-2035, it needed carbon capture and
storage (CCS) technology to limit greenhouse gas emissions.