Business Edition
nr. 40
22 February 2007
Special:
Environment Council backs 20% emissions reduction by 2020
The Environment Council supports most of the measures proposed by the European Commission to tackle climate change. In its conclusions of 20 February, the Environment Council gave a green light to the proposed reduction of greenhouse gas emissions of 20% by 2020 compared to the 1990 level, the inclusion of aviation in the EU Emissions Trading Scheme (ETS), and the reduction of emissions from cars to 130 grammes per kilometre. Read
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Emissions trading will put airlines under pressure
The Environment Council approves the European Commission proposal to include emissions from air travel in the EU Emissions Trading Scheme. Launched last December by Environment Commissioner Stavros Dimas, the proposal seeks to cap airline greenhouse gas emissions at the 2005 level, despite projected growth. Read
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GreenPrices Market Monitor February 2007
GreenPrices Business Edition regularly reports on market developments, prices and recent trades of green certificates in Europe. In this Market Monitor: Elcertificates are nearing closing of the latest compliance period in Sweden, and many more Flemish green certificates with GoOs have traded in the current year than in the last period. Read
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Consultation launched on barriers to renewable electricity development
On behalf of the European Commission a consultation has been initiated to identify in detail currently existing administrative and grid barriers to the realisation of renewable energy projects in EU Member States. Read
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Coupling electricity markets first step to one European market
With the coupling of the power exchange markets in France, Belgium and the Netherlands, a first step has been made towards the true integration of European electricity markets, says Energy Commissioner Andris Piebalgs. On 14 February, the trilateral coupling of the French, Belgian and Dutch power exchanges was presented. Read
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Hungary to sell second batch of carbon allowances
Hungary will auction 900,000 European Union Allowances (EUAs) to the EU carbon market in early March, says the Secretary of State for the Ministry of Finance. Experts predict meagre proceeds of about 1 Euro per allowance. It’s clearance time at the carbon exchange. Read
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Editorial: A Brigth Idea
“A light bulb is little more than a heating device as 95% of the energy consumed is wasted as heat.” This is not a statement from a green activist, but ironically enough from Philips, the Dutch company that was built on light bulbs. Read
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In Brief
Global Roundtable on climate change: 'Set targets for emissions' - CO2 based car taxes in Germany and Portugal - How do YOU feel about carbon storage? - RECS: ‘Implementation of GoOs needed in all EU member states’ - IEA: 'Increase energy research' Read
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Agenda Read
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Rolf de Vos
Editor in chief
GreenPrices Newsdesk