BRUSSELS (Reuters) – Europe’s climate chief struck a defiant note in an escalating row over moves to make airlines pay for carbon pollution, saying Brussels would not cave in to threats of trade retaliation.

From January 1 next year, the EU will require all airlines flying to Europe to be included in the Emissions Trading Scheme (ETS), a system that forces polluters to buy permits for each tonne of carbon dioxide they emit above a certain cap.

BRUSSELS, June 5 (Reuters) – The European Union has told
Chinese airlines they can win an exemption from the EU’s carbon
market if they follow Europe’s lead in cutting greenhouse gas
emissions from aviation, according to a letter seen by Reuters
on Sunday.

From Jan. 1 next year, the EU will require all airlines
flying to Europe to be included in the Emissions Trading Scheme
(ETS), a system that forces polluters to buy permits for each
tonne of carbon dioxide they emit above a certain cap.

BRUSSELS (Reuters) – The Europe Union’s carbon market could be flooded with excess permits over the next decade, collapsing prices and depriving governments of billions in budgeted revenues, EU sources say.

“There’s a real concern of negative impacts on prices if the issue is not properly addressed,” one EU source said on condition of anonymity. “Some of the studies imply that carbon prices will collapse.”

BRUSSELS (Reuters) – The Europe Union’s carbon market could be flooded with excess permits over the next decade, collapsing prices and depriving governments of billions in budgeted revenues, EU sources say.

“There’s a real concern of negative impacts on prices if the issue is not properly addressed,” one EU source said on condition of anonymity. “Some of the studies imply that carbon prices will collapse.”

MOSCOW/BRUSSELS, May 27 (Reuters) – Russia’s Nord Stream and
South Stream pipelines could deprive Ukraine of the equivalent
of two-thirds its gas transit volumes when they start up,
threatening the country with significant losses in revenues.

Russia supplies Europe with one quarter of its gas needs and
80 percent of that gas is delivered via Ukraine. The remaining
volumes travel through another western neighbour, Belarus.

BRUSSELS (Reuters) – The green technology industry was warned on Thursday that its growth is threatened by a failure to recycle metals and especially rare earth elements.

A U.N.-backed report warned that less than one third of metals globally have a recycling rate of more than 50 percent.

BRUSSELS, May 25 (Reuters) – European nuclear watchdogs have
agreed details of new safety checks on the region’s 143 reactors
and said a group would be set up to deal with the risks of a
nuclear crisis arising from a terrorist attack.

By June 1, regulators will have to start checking power
plants’ resilience to earthquakes and tsunamis to avert a crisis
like that at Japan’s stricken Fukushima plant.

BRUSSELS (Reuters) – China has threatened retaliation against French planemaker Airbus (EAD.PA: Quote, Profile, Research, Stock Buzz) if the European Union goes ahead with plans to include international aviation in its carbon market, three sources said on Friday.

From January 1 next year, the EU will require all airlines flying to Europe to be included in the Emissions Trading Scheme ETS.L, a system that forces polluters to buy permits for each tonne of carbon dioxide they emit above a certain cap.

BRUSSELS (Reuters) – Europe’s steelmakers launched their most vocal challenge yet to the region’s green growth strategy on Thursday, saying the added cost of curbing emissions would hand the advantage to overseas rivals.

Many steel companies are currently profiting from the European Union’s efforts to curb emissions, especially its carbon market, which has given steel companies an excess of free pollution permits, which they have sold on at a profit.

BRUSSELS/SEVILLE (Reuters) – A divisive European debate over the green credentials of biofuels has stalled investment, but the stalemate may soon be over for advanced biofuels and some types of bioethanol.

The debate over biodiesel, however, looks set to rage on.

After a two-year investigation, the European Commission has decided that the complex issue of “indirect land use change” (ILUC) can lessen carbon savings from biofuels.