Germany’s federal government and its 16 states failed to come to a compromise on the proposed cuts of solar PV subsidies during an official government arbitration session, which will continue later on June 27th, 2012.
read more... 18/06/2012
With European carbon prices too low to prod the private sector to invest in clean technology, EU lawmakers are examining different ways to support CO2 permit prices in the world's biggest carbon market. Outlined below are three main arenas where the issue of supporting prices is being discussed.
read more... 01/02/2012
The Bulgarian lawmakers banned the controversial practice of hydraulic fracturing and imposed a 100 million-lev ($65 million) fine for offenders, baffling Chevron’s Corp plans to explore for natural-gas deposits in the Balkan country.
read more... 19/01/2012
Benchmark EU carbon prices fell to a record low earlier this month, as prospects of a slowing economy eroded demand in a market analysts say is oversupplied. Since the start of the year carbon prices have shed half their value to below 7 euros per tonne, prompting some calls for EU officials to rescue the beleaguered market. On Dec. 20, EU lawmakers backed a proposal to let the bloc's executive Commission prop up record low carbon prices by withholding 1.4 billion permits from the third phase of its Emissions Trading Scheme, sending the prices 20 percent higher. The intraday move was more than 30%.
read more... 27/12/2011
The French lower house of parliament adopted on Wednesday a ban on the controversial technique for extracting shale gas, following the concerns about ground water contamination.
read more... 12/05/2011