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Contents GreenPrices Weekly nr. 75
8 November 2007

IEA World Energy Outlook: all countries need to take action

Editorial: IEA and the energy apocalypse

EU climate package probably published on 23 January 2008

Emissions from industrialised countries still increasing

Transport sector may join EU emissions trading

Crisis over biofuels production memorandum

US federal cap-and-trade legislation again one step closer

In Brief

- New climate legislation in Spain

- Sustainable versus nuclear energy in next Australian election

- Renewable Fuels Agency set up

- Major investments of Abengoa Solar

- More details published on Dutch RE premium system

- FAO forecasts future cereal prices

- UNFCCC boss calls again

- Billion dollar contracts for thin film modules

- Shell and Codexis collaborate on next-generation biofuels

Agenda

Climate package probably published on 23 January 2008
8 November 2007 - The long-awaited legislation package for energy and climate in Europe will probably be presented at the 23th of January, next year. The date still needs confirmation by the complete Commission. 

The package contains the following proposals:

- A Directive on Carbon Capture and Storage (CCS);

- A comprehensive Directive for renewable energy, including biofuels targets and a ‘burden sharing’ agreement with individual targets for Member States;

- The regulation of greenhouse gas emission reduction targets, including a ‘burden sharing’ agreement with individual targets for Member States;

- A proposal for the improvement of the post-2012 Emissions Trading Scheme.

Originally the European Commission planned to take final decisions on the package on the 5th of December, but postponed the finalisation. There are still some issues on the table, like the burden sharing agreements and the topic of certificates trading.

 
Source: GP Newsdesk

             
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