BRUSSELS/LONDON (Reuters) – A European Commission plan to revive Europe’s carbon market appears headed for a setback that would keep emissions prices depressed for years, although it may scrape approval in a European Parliament committee next week.
The Emissions Trading Scheme (ETS) was designed to force Europe’s industry and power sector to cut emissions and shift to clean energy.
LONDON, June 12 (Reuters) – Global investment in renewable
energy fell last year for the first time since 2009 due to the
effects of economic slowdown on U.S. and European markets and a
drop in solar technology costs, research showed on Wednesday.
Renewables investment fell 12 percent to $244 billion last
year, having hit a new high every year since 2004 – except in
2009 when the global financial crisis hit, said reports by the
United Nations’ Environment Programme (UNEP) and Paris-based
renewables policy organisation REN21.
LONDON (Reuters) – China led a rise in global carbon dioxide emissions to a record high in 2012, more than offsetting falls in the United States and Europe, the International Energy Agency (IEA) said on Monday.
Worldwide CO2 emissions rose by 1.4 percent to 31.6 billion tons, according to estimates from the Paris-based IEA.
LONDON, June 10 (Reuters) – Plans to build one of the
world’s biggest tidal energy projects in the River Severn
estuary between England and Wales do not look commercially
viable, members of parliament said on Monday.
The Hafren Power consortium wants to construct a barrage
across the estuary that could supply 5 percent of Britain’s
electricity and would mark an international breakthrough for
LONDON (Reuters) – MPs on Tuesday rejected an amendment to the coalition government’s Energy Bill which would have locked the power sector into tough carbon cuts from 2014, two years earlier than planned, and limited new gas plants being built after 2020.
Britain wants to explore the potential of shale gas to stem its rising dependence on imported gas and the vote comes just one day after it was estimated that UK shale gas resources could be a lot higher than previously thought.
LONDON, June 4 (Reuters) – British lawmakers on Tuesday
rejected an amendment to the UK coalition government’s Energy
Bill which would have locked the power sector into tough carbon
cuts from 2014, two years earlier than planned, and limited new
gas plants being built after 2020.
Britain wants to explore the potential of shale gas to stem
its rising dependence on imported gas and the vote comes just
one day after it was estimated that UK shale gas resources could
be a lot higher than previously thought.
LONDON (Reuters) – Britain should revise its renewable transport fuel target and push the European Union to change its renewable energy goal to limit the use of unsustainable food-based biofuels, a committee of UK lawmakers said on Tuesday.
The use of biofuels is under scrutiny because some are thought to displace food production into new areas by forcing forest clearance and the draining of peatland. Such displacement is referred to as ILUC (indirect land-use change).
LONDON (Reuters) – British judges ruled on Wednesday that the UK government has breached European Union air quality law and asked the European Court of Justice (ECJ) for guidance on what action needs to be taken, delaying immediate improvements to air pollution.
Britain’s highest appeal court, the Supreme Court, said the government was in breach of an EU directive which put limits on nitrogen dioxide (NO2) – a colorless, odorless gas produced by burning fuels which can damage people’s breathing.
LONDON (Reuters) – Most of the world’s largest companies do not report their greenhouse gas emissions fully or correctly and do not have the data independently verified, a study by an environmental research body showed on Wednesday.
Companies are under pressure worldwide from policymakers, and a public increasingly concerned with green issues, to report the environmental fallout of all activities related to their daily business – from plane journeys to office supplies.
OSLO/LONDON (Reuters) – Designers of everything from mobile phones to electric car batteries should make their products far easier to recycle to offset soaring demand for metals, two United Nations reports recommended on Wednesday.
Products should be made to become “designer minerals” at the end of their lifetimes so they can more simply be broken up and stripped of metals ranging from copper to gold, according to the twin studies.