LONDON, Feb 20 (Reuters) – Britain and Germany have
contrasting blueprints for electricity policy, with Germany
funding greater diversity and security of supply that may avert
sharp increases in electricity bills in future.
The two countries have a similar starting point – a major
decommissioning of conventional capacity within a straightjacket
of mandatory European Union targets for carbon emissions and
LONDON, Feb 19 (Reuters) – High German retail electricity
prices add to the burden of supporting renewable energy and
bring closer the end of outright financial support for wind and
German policymakers are seeking ways to cut household
electricity bills and address concern among voters ahead of an
election expected in September.
LONDON, Feb 15 (Reuters) – Vast uncertainty remains over the
causes of melting Arctic sea ice and when it may disappear
altogether during the summer, which would have consequences for
oil explorers, shipping firms and the fight against climate
The answer will depend on the balance of natural and manmade
Those causes include warmer air and seas as a result of
greenhouse gas emissions, variations in atmospheric circulation,
and a faster southward ice drift down the east coast of
LONDON, Feb 13 (Reuters) – Coal could join gas in making
losses in Germany’s struggling power market, as a continuing
renewable energy boom and slumping power demand force utilities
to rethink their strategy.
Wind and solar power have seen massive capacity growth
driven by priority grid access plus 20-year
LONDON, Feb 12 (Reuters) – Present European Union fuel
economy standards discriminate against use of lightweight
materials while an alternative basis for setting targets would
cut the cost of more ambitious targets.
The European Commission has proposed a target to reduce
carbon emissions from cars by 2020 to nearly a third below
present levels, in a regulation currently awaiting European
Parliament and member state approval.
LONDON, Feb 8 (Reuters) – The U.S. government can only
overcome industry resistance to planned carbon emissions limits
on coal-fired power plants by offering a wide range of options
to comply, from buying credits to making renewable energy or
Even then, it faces an environmental battle to rival the
fight over the Keystone pipeline serving Canadian oil sands
LONDON, Feb 7 (Reuters) – Climate change will not be a top
issue in the United States under President Barack Obama, despite
the soaring rhetoric in his Inaugural Address last month.
Past failure to pass sweeping U.S. climate legislation will
probably instead see his administration target modest, discrete,
broadly popular measures on efficiency, fuel economy and
long-term tax breaks for renewable energy.
LONDON, Jan 24 (Reuters) – The European Commission can win
significant gains from defeat on its carbon market reform if it
can extract concessions for a more ambitious scheme from 2020.
The European Parliament energy and industry committee on
Thursday rejected the Commission’s planned, modest boost to
carbon prices, spotlighting the mountain it has to climb.
LONDON, Jan 22 (Reuters) – The European Union has failed to
recruit an independent monitor to oversee the auction of carbon
emissions permits, a concern in a market that suffered a 5
billion euro ($6.7 billion) fraud in 2009 and after the
cancelling of an auction last week.
It is a mystery why no single applicant registered interest
in a tender last year for a three-year contract worth 25 million
euros ($33 million).
LONDON, Jan 17 (Reuters) – The European Union will have to
introduce mandatory standards to limit power plant emissions,
given a failure to introduce carbon capture and storage (CCS)
technology plus rising coal consumption and the construction of
new coal power plants.
A market-based approach to limit coal emissions through CCS
The Commission had hoped to motivate the building of CCS
pilot plants mostly through its emissions trading scheme. But
the carbon price hit a record low on Thursday, and the savings
from avoiding carbon emissions are just not sufficient to
support the technology.