Business Edition
nr 103
June 12, 2008
Special:
Member States proposal: "No green certificates for target compliance"
Three EU Member States have proposed a new flexible scheme to achieve the renewable energy target by 2020. The main element in the proposal is that Member States are in complete control of the trade of green energy for target compliance. Read more
IEA: halving emissions will cost 30 trillion Euros
A 50% emission reduction by 2050 would cost around €30 trillion of investment in the energy sector, according to the latest scenarios by the International Energy Agency. Read more
Editorial:
Saving trillions
First I owe our readers an apology. Last Friday, GreenPrices published an article on the International Energy Agency’s latest energy technology perspectives. The headline was referring to the trillions of investment needed in low-carbon technologies to achieve a 50% global greenhouse gas emissions reduction by 2050. Read more
Biofuel industry faces its first crisis
With a common acceptance that the biofuel industry is without doubt facing its first crisis, the World Biofuel Forum kicked off this week in Prague. Read more
Biofuels industry agrees on the need for sustainability criteria
The need for strong, scientifically-based, and harmonised sustainability criteria for the biofuels industry found common ground among all stakeholders present at the World Biofuel Forum in Prague over the last two days. Read more
‘Biofuels are a political business’: European Biodiesel Board
With recognition of the need for supporting policies in order to create a European biofuel market, and with a call to control unfair competition from outside, Rafaello Garofalo, Secretary General of the European Biodiesel Board (EBB), opened his presentation during the World Biofuels Forum in Prague. Read more
GreenPrices Market Monitor June 2008
The GreenPrices News Desk regularly reports on market developments, prices and recent trades of green certificates in Europe. This week: news from a brand new green certificates market i.e. first trade on ICAP green trading platform and as usual actual prices and volumes of the Swedish Elcertificates, and from other national green certificates markets in Belgium, Italy, Poland and UK. Read more
Dimas strongly opposes alternative for emissions targets calculation
Environment Commissioner Stavros Dimas has emphatically rejected a Hungarian proposal for an alternative way to set targets for Member States. Hungary and six other new Member States want to reward the emissions reduction in Eastern European countries achieved during the 1990s. Read more
Energy Council: little views on biofuels target
Today the Energy Council has not extensively discussed the renewable energy Directive, including the biofuels target of 10% in 2020. The discussion and final decisions have been postponed. Read
more
The Sustatement
This month's Sustatement:
"The EU Directive and its amendments will remove the existing barriers and ensure a prosperous growth of sustainable energy in Europe"
This week, our guest commenting on the Sustatement is Carlos Gasco from Iberdrola Renovables. Read more
In Brief
- Germany’s Bundestag approves changes to renewable energy law
- Germany satisfied with EU compromise
- German parliament passes first part of climate package
- FAO Summit Declaration calls for ‘in-depth studies’ on biofuel sustainability
- G8 supports energy efficiency and CCS
- Energy and climate 'key priority' in next three EU presidencies
- BP Statistical review: no renewable data yet
- Company’s news in brief
- New Alliance of carbon offset providers
- International Partnership for Energy Efficiency Cooperation launched
- First trade on Icap green certificate platform
- RWE Innogy expands into Central Europe
- 'Unsustainable' growth of Spanish PV market
SPECIAL GP REPORT
Read the new special publication of GreenPrices News Desk. In cooperation with magazine Renewable Energy Focus, we analyse the Climate Package, the position of Member States and of the different stakeholders.
Download here (for free)
Agenda Read more
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Rolf de Vos
Editor in chief
GreenPrices Newsdesk