EXCLUSIVE / Five weeks after voting down the ‘backloading’ (or withholding) of allowances to raise carbon prices, the European Parliament’s industry committee is proposing two far-more ambitious structural measures.
Billions of euros from the sale of EU carbon credits and free emissions allowances, given in exchange for commitments to diversify Poland’s energy mix, will instead be spent on coal and cutting the country’s budget deficit, climate campaigners have said.
Raising the European Union's 2020 emission reduction target from 20% to 30% would be much less costly than was assumed in 2008, and the effort could be shared fairly among governments, according to a draft EU document.
The European Union will cut its carbon emissions in 2020 by a bigger margin than it has pledged it would under United Nation climate change treaties, a meeting of the bloc's environment ministers was told on Wednesday (14 May).
The European Commission’s state aid decision on 9 April has put renewable energy support schemes in the firing line, and threatened attainment of the 2030 climate and energy goals, even though renewable energy has created – and not obstructed – competition, writes Martin Schoenberg.
Nepal's Prakash Mathema is leading the UN climate change negotiations for the group of Least Developed Countries Group (LDC). According to him, an ambitious outcome at the 2015 Paris UN summit can only be reached if vulnerability to climate change impacts of poorest countries are taken into consideration.
As the smoke cleared from the European Commission rooms where the 2030 climate and energy package had been thrashed out, Martin Lidegaard explained that the really tough debate was only just beginning.