Business Edition
nr 74
October 31, 2007
Special:
‘Renewable energy trade barriers conflict with EU law’
Barriers to cross-border trade of renewable energy (RE) are in breach of EU law, according to internal market specialists. To counter these legal problems, RECS International, the organisation that advocates certification of renewable energy, proposes to limit imports, which can be done within EU laws. Read more
New emissions trading cap lowered by 13%
The overall cap for companies participating in the EU Emissions Trading Scheme has been established at 2.08 billion tonnes of CO2. This cap will be applied to the period 2008-2012. The Commission calculated that the phase II cap is 10% lower than the cap in 2005-2007. Corrected for some added installations in phase II, the cap even decreases by 13%. Read more
EU resolution for Bali
The Environment Council of the EU adopted the conclusions outlining the essential elements of an effective and ambitious framework beyond 2012 under the United Nations Framework Convention on Climate Change. Read more
France wants ‘nuclear programme’ for renewables
Last week the world saw a new French plan to fight global warming. The plan was announced by the French president Nicolas Sarkozy, who wants to launch a renewable energy programme similar to the nuclear programme in 1974. Reactions were moderately enthusiastic. Read more
UNEP’s final warning: Action!
Climate change, the rate of extinction of species and the challenge of feeding a growing population are the three major threats to the planet, says a newly published overview by the United Nations Environment Programme. The report warns that each of these problems, when unresolved, put people’s lives at risk. Read more
ICAP: Linking regional carbon markets to one global market
The International Carbon Action Partnership has been announced as a coalition of European countries, U.S. states, Canadian provinces, New Zealand and Norway. The goal of the ICAP is to fight global warming. Read more
EU emissions trading enlarged with three countries
The EC has announced an agreement with the countries in the European Economic Area on linking their respective Emissions Trading systems. It is the first international agreement of its kind for emissions trading. Read more
Editorial: Credits for the Commission
While the market in the first ‘demo’ phase 2005-2007 of the European emissions trading scheme was long, this promises to change in the second phase. And that is good news for the sustainable energy market. Read more
In Brief
- ‘EU should focus even more on clean energy’
- Singapore becomes solar basin
- UK on the way to consistent climate policy
- Another peak in Commission climate policies in 2008
- GE profits from large demand for turbines
- Dutch government: 300 million for RE premium
Agenda Read
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Rolf de Vos
Editor in chief
GreenPrices Newsdesk