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Burden sharing method crucial for costs per Member StateA 20% reduction target for greenhouse gas emissions by 2020 will cost the EU about 0.13 to 0.24 % of its cumulated Gross Domestic Product. Costs will be lowered considerably if purchasing credits from projects abroad is allowed. But if the EU target is increased to 30%, costs will almost double. Read more Six national efficiency action plans lackingNot later than 30 June 2007, all Member States should have submitted their first National Energy Efficiency Action Plan to the Commission. Presently twenty-one countries have elaborated their NEEAPs. Recently, Ireland published ambitious plans. Read more Hydrogen technologies gain boost from the ECThe European Commission has adopted two important proposals for the commercialisation of hydrogen powered vehicles and the development of hydrogen technologies. Both offer long term solutions for sustainable energy and transport systems in the EU. Read more Editorial: Hydrogen and vested interests(for free) The European Commission has announced an investment of almost half a billion Euros in developing hydrogen cars and the appropriate infrastructure. Is that an investment in the sustainable energy supply for the future? Read more ‘Clean coal’ not to be used in adsRecently, the Dutch Advertising Code Committee that verify the ethics of advertising, rejected the claims of utility Nuon to call a newly planned coal plant ‘clean coal’. Read more GreenPrices Market Monitor October 2007This week in the GP Market Monitor: Prices of Guarantees of Origin traded on the voluntary market; recent prices and volumes if Swedish Elcertificates; last ROC prices recorded on the e-auction on 9 October and the most recent updates on the Italian “certificate verdi” and Polish green certificates. Read more UK’s reserves budget for a low carbon economyAn Environmental Transformation Fund of £1.2 billion, which aims to support the deployment of new energy technologies in the UK and abroad between 2008 and 2011, has been announced as part of the UK’s 2007 Pre-Budget Report. Read more In Brief- National Parliamentarians mobilised for renewables - ‘Include shipping and aviation in post-Kyoto agreement’ - Stronger support for SMEs in climate policies - European Parliament Committee discusses Post-Kyoto - ‘Standby test procedures should be harmonised’ - IEA wants to awake heating and cooling ‘sleeping giant’ - Poland and Slovakia new IEA members
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To the reader GreenPrices Weekly is a periodical newsletter on climate change and sustainable energy issues. On our website, we provide you with daily news. Paying subscribers can enter the articles in this section after login. Tell a colleague and forward this newsletter!
Rolf de Vos
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