BRUSSELS, Feb 12 (Reuters) – Leaders of six green energy
firms challenged big utilities on Wednesday by advocating a
tougher EU renewable goal to save billions in fossil fuel
imports and create hundreds of thousands of jobs.
The European Commission, the EU’s executive, in January put
forward a carbon-cutting goal of 40 percent by 2030 compared
with 1990 levels, plus an EU-wide renewables goal of 27 percent
BRUSSELS, Feb 11 (Reuters) – European Union ministers hit
deadlock on Tuesday on whether to let a new strain of
genetically modified (GM) maize be grown on EU soil for human
consumption, clearing the way for the bloc’s executive arm to
approve the crop automatically.
European Commission endorsement of insect-resistant Pioneer
1507, developed jointly by DuPont and Dow Chemical
, would end a decade-long debate and break Monsanto’s
monopoly in Europe’s small market for GMO crops.
ZURICH/BRUSSELS, Feb 10 (Reuters) – A vote to curtail
immigration from the EU could cost Switzerland its privileged
access to the European single market, European officials said on
Monday, after Swiss voters narrowly backed the restrictions in a
referendum that has unsettled business.
The vote on Sunday was initiated by the right-wing Swiss
People’s Party (SVP), which has tapped into concerns that Swiss
culture is being eroded by foreigners, who account for nearly a
quarter of the country’s 8-million strong population.
BRUSSELS, Feb 6 (Reuters) – Energy prices have an overstated
impact on the competitiveness of Europe’s businesses, economic
analysis published on Thursday said, countering arguments from
industry that big fuel bills put them at a disadvantage to U.S.
Research by French, German and British economists said while
low energy prices can be an advantage, they are only a small
factor in overall competitiveness. As a result, Europe’s future
depended more on technological innovation as it would never have
the energy resources that have cut fuel bills in the United
BRUSSELS/LONDON, Feb 5 (Reuters) – Members of the European
Parliament on Wednesday voted in favour of three climate and
energy targets for 2030, rebuffing a Commission plan for just
one fully binding goal.
The vote at the European Parliament in Strasbourg, France,
has no legal force, but stokes debate before summit talks
between European Union leaders in March on energy and
environment policy and its impact on competitiveness.
BRUSSELS (Reuters) – Shale gas offers a cheaper way to replace coal and cut greenhouse gas emissions than renewable power, BP’s chief economist said on Tuesday, but dismissed claims that failure to develop it would drive industry out of Europe.
The comments from one of energy’s most senior economists feed into heated debate ahead of a summit meeting of EU leaders in March about whether Europe faces a disadvantage to the United States because of high energy costs.
BRUSSELS, Jan 31 (Reuters) – Environmental campaign groups
have submitted a legal complaint to the European Commission, the
EU executive, for failing to implement a proposal that labels
Canada’s tar sands and other non-conventional fuel as highly
If implemented, the draft law would slow Europe’s imports of
tar sands crude, which scientists say is especially harmful to
the environment. Imports have so far been limited, but are
predicted to increase as new pipelines come on stream.
BRUSSELS/LONDON (Reuters) – European Union negotiators face a clash with member states over whether to make all airlines using EU airports pay for their emissions after a parliamentary body on Thursday backed compromise plans to charge carriers for part of their journeys.
Some of Europe’s most powerful countries and international airlines strongly oppose the proposals, which they say are likely to reignite tensions with trading partners such as China and the United States.
BRUSSELS (Reuters) – Part of a law to promote green energy violates the treaties underpinning the European Union, an adviser to the highest EU court found on Tuesday, stoking political debate about subsidies for renewable power.
The opinion will be considered further by the Court of Justice of the European Union over the next three to six months and could lead to the invalidation of an article of the EU law.
BRUSSELS, Jan 20 (Reuters) – Seven years after it set some
of the world’s most stringent environmental targets, the
European Union is about to revise its long-term goals to take
more account of industry and changed economic circumstances.
Following years of economic turmoil, low growth and rising
energy costs, the EU is looking to strike a balance between
tackling climate change and giving industry room to manoeuvre as
it prepares to unveil new targets on Wednesday.