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THE EUROPEAN Commission should immediately bring forward proposals for “carbon tariffs” on goods imported from countries such as China or India that are failing to take strong action on climate change, according to a new analysis published yesterday.
Continue Reading at IrishTimes
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European Union member states are divided over the bloc’s pledge to raise its CO2 commitment up to a 30 percent cut by 2020 in the wake of the Copenhagen UN climate summit debacle.
Continue Reading at EUobserver
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BRUSSELS — Incoming European Union trade chief Karel De Gucht on Tuesday ruled out pursuing French-led calls to impose a carbon tax at the EU’s borders, warning that such ideas risk triggering trade wars.
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| Sourced From Greenbang.com |
A new online tool launched by the European Commission lets users track how different regions are investing in low-carbon technologies, and where those technologies are likely headed in years to come.
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| Sourced From Timesoftheinternet.com |
Several groups have criticized the European Union for paying as little as $2.9 billion a year to help fund carbon reduction measures in developing countries.
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* Poor nations need 100 bln euros per yr by 2020 – EU
* EU could give 2-15 bln euros a yr by 2020 in climate deal
* EU could fund up to 2.1 bln euros in 2010-12
UPDATE 3- BRUSSELS, Sept 10 (Reuters) – Europe could pay up to 15 billion euros ($22 billion) a year to poor countries to break an impasse over who should foot the bill for tackling climate change, the European Union’s executive arm said on Thursday.
Continue Reading on ThomsonReuters
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| Sourced From English.cri.cn |
Starting from 2012, the aviation sector, including 33 Chinese airways, will have to pay for the CO2 it emits and increase their operation costs under the Emission Trading Scheme (ETS) of European Union (EU), China Business News (CBN) reported Tuesday.
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| Sourced From Pr-inside.com |
www.companiesandmarkets.com/Summary-Market-Report/carbon-trading ..
The European Union has made waves in the carbon trading industry by including the aviation sector under emissions trading. This is accompanied by carbon emission efforts on part of airlines and airports in the Western world. Many airports and airlines are coming to the forefront of the climate change battle.
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| Sourced From EurActiv |
A very important priority of China’s relations with the EU is to vigorously promote co-operation in energy saving, emission reduction, environmental protection and new energy sources, writes Ambassador Song Zhe, head of the Mission of the People’s Republic of China to the EU, in an essay published on the mission’s webpage on 18 April.
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| Sourced From Reuters |
LONDON, April 9 (Reuters) – European steelmakers received over $1 billion worth of unneeded carbon permits last year under the European Union’s Emissions Trading Scheme, EU data show, a benefit attributed to aggressive lobbying.
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| Sourced From Environmental Leader |
The price of European carbon permits should be at least 85 GBP (pounds), about eight times the present price, if they are to meet their goal of getting polluters to cut emissions, according to a government-sponsored study, reported The Sunday Times.
Continue reading on Environmental Leader
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| Sourced From PublicTechnology.Net |
A recent carbon accounting survey by Access Accounting has highlighted that the Government is not doing enough to motivate businesses to make carbon-reduction initiatives a priority in the workplace. 84% of respondents felt that the government needed to do more, while only 5% felt no motivation was needed.
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| Sourced From Bloomberg.com |
April 1 (Bloomberg) — Carbon emission prices advanced for a second straight day after a European Union report signaled that factories and power stations failed to reduce pollution last year as much as some traders and analysts anticipated.
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| Sourced From Diario Del Web |
Brussels, Belgium — European leaders agreed to raise money for developing countries to tackle climate change at the EU Spring Summit in Brussels today, but failed to put any money on the table to support their plans. Greenpeace believes the lack of concrete financial commitments does not bring the world any closer to a global climate deal at the end of this year.
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