Business Edition
nr 66
September 6, 2007
Special:
Vienna talks result in basic agreement on post-Kyoto requirements
The UN governed climate talks of more than 150 countries, last week in Vienna, have resulted in a first agreement on the need for long term targets. Industrialised countries have to reduce 25 to 40 % of their greenhouse gas emissions by 2020. In the next few months, the outcome will have to be formalised into a new timetable. Read
more
Amsterdam Forum discusses trade and harmonisation of green energy
The Amsterdam Forum, the yearly sustainable energy summit of top civil servants and NGOs initiated by the European Commission, will be held on October 2. The preliminary agenda leads to the suggestion that the upcoming new legislation will contain more about trade of green certificates and harmonising of support schemes.Read more
Number of certificates rapidly increasing
In 2007 the number of issued RECS green certificates and guarantees of origin in Europe, each representing 1 megawatt-hour of green power, has passed the total of 250 million. The number of issued certificates is still increasing.Read more
Aviation’s unstable flight to a low-carbon future
“The aviation emissions trading system (ETS) must be introduced as soon as possible to cover all arrivals and departures from EU airports, preferably in 2010”. Thus recommends a report released by Friends of the Earth.Read more
Struggle over CO2 standards for cars
Car makers and NGOs are fighting over the new CO2 emission standards for new cars. Manufacturers of large cars and SUVs have been backed by the European car makers’ association ECEA in their plea for weight-based CO2 emission standards. This would imply lower demands for emission reduction in larger, heavier cars.Read more
Voluntary CO2 target for car industry crashed
With the overall figure for all carmakers for the average new car sold in Europe in 2006 standing at 160 g/km down from 161g/km in 2005, meaning a reduction of 0.7%, the European carmakers are on their way to fail to cut carbon emissions.Read more
UN: Directing investments to save climate
The investments needed to mitigate climate change will need to come mainly from private investors and from international financial flows, said Yvo de Boer, Head of the UN Climate Change Convention in Vienna yesterday. The challenge for politics is to mobilise the funds and to direct them towards emissions reduction.Read more
Continued growth in RE investments
New investments in renewable energy and energy efficiency in 2006 accounted for 70.9 billion dollars, which was 43% more than in 2005. The continued growth signals a long-term trend and marks the RE sector’s shift into the industrial mainstream, say the authors.Read more
Editorial: Bumpy road to Bali
5 September 2007 - Within some three months, the little Indonesian island of Bali will have the chance to end up in the history books, like Kyoto did in 1997. What are the odds of a Bali Protocol?Read more
In Brief
- International green certificate hub still under examination
- Italian White Certificates beyond expectation
- US agree on need for post-Kyoto framework
- German Minister Gabriel: ‘Sprint to Bali’
- Overview EU solar thermal research
- EU catches up with neighbours RES market integration
Agenda Read
more
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Rolf de Vos
Editor in chief
GreenPrices Newsdesk