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
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
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.
BRUSSELS, Nov 13 (Reuters) – New European Union emissions
rules for vehicles have been put on hold or are being delayed,
EU sources and campaigners said, citing pressure from the hard
pressed auto industry.
The downgrading of green priorities is another example of
policy falling victim to industry arguments against
environmental regulation, a trend marked on Monday by
concessions to airlines.
BRUSSELS (Reuters) – The European Union will freeze for a year its rule that all airlines must pay for their carbon emissions for flights into and out of EU airports, the EU executive said, following threats of international retaliation.
Flights within the European Union will still have to pay for their carbon emissions. The year-long exemption will apply to flights linking EU airports to countries outside the bloc, a move welcomed by U.S. and Asian officials.
BRUSSELS, Nov 12 (Reuters) – The European Commission
proposed postponing the auction of 900 million pollution
allowances in the next phase of the EU Emissions Trading Scheme,
to prop up the carbon market.
The plan would push back allowances from the first three
years of the 2013-2020 phase of the ETS, a scheme meant to
reduce the output of climate-changing gases.
BRUSSELS, Nov 12 (Reuters) – The European Union will
conditionally put on hold its rule that all airlines must pay
for their carbon emissions for flights to and from EU airports,
the EU’s executive said on Monday.
The freeze follows intense pressure on the EU to scrap its
law and threats of a trade war from other countries, led by the
United States, China and India.
BRUSSELS/LONDON, Nov 11 (Reuters) – The British government
will not get any European Union funding under the first round of
a subsidy scheme for carbon capture and storage (CCS) projects
because it has failed to provide the required financing
guarantees, EU sources said on Sunday.
CCS technology captures carbon emissions from power plants
before they enter the atmosphere and then stores them in
long-term storage sites.
BRUSSELS/LONDON (Reuters) – The British government will not get any European Union funding under the first round of a subsidy scheme for carbon capture and storage (CCS) projects because it has failed to provide the required financing guarantees, EU sources said on Sunday.
CCS technology captures carbon emissions from power plants before they enter the atmosphere and then stores them in long-term storage sites.
WASHINGTON/BRUSSELS, Nov 9 (Reuters) – The European Union
welcomed on Friday progress made by the U.N.’s civil aviation
body toward a global deal to cut carbon emissions from the
sector, raising hopes that the bloc may stand down from applying
its controversial law that forces all airlines to pay for their
The governing council of the U.N.’s International Civil
Aviation Organization (ICAO), based in Montreal, discussed on
Friday how it could deliver a global approach to tackling
ANNECY, France (Reuters) – Surrounded by mountains and healthy-looking people, Lake Annecy is a smaller French version of Switzerland’s vast Lake Geneva.
In the winter, the fortunate local residents ski. In all seasons, they climb the peaks, cycle around and swim in their glorious lake.