Yesterday, a majority of EU nations voted against the imposition of duties on Chinese solar panels. The duties were proposed by EU trade commissioner Karel De Gucht in response to supposed "dumping" of solar panels by China, selling at below cost. The Commission is due to take a decision on 5 June.
read more... 29/05/2013
The first Italian National Energy Program dates 1975 when, immediately after the first oil crisis, the Parliament noticed the problem of the increasing fossil fuels prices. The objective was to design a new national energy system fossil fuel free, the only solution was to build new nuclear power reactors, but a referendum where about 70% of the Italians decided to vote against nuclear, stopped the construction of all the nuclear plants all over Italy.
read more... 15/05/2013
Crude oil prices slipped for a sixth consecutive session on Wednesday, with Brent crude dropping below $98 per barrel for the first time since July as increased U.S. fuel supplies weighted on overall concern about world oil demand. Meanwhile, Brent crude dropped $2.22 at $97.69, after declining earlier to $97.26, the lowest level since July 2012. U.S. crude settled down $2.04 to $86.68.
read more... 18/04/2013
Months of bitter argument culminate next Tuesday in a make-or-break vote on an attempt to prop up the European Union carbon prices, which plunged to record lows earlier this year.
read more... 11/04/2013
Bulgaria's outgoing parliament has voted to abandon a 1 billion euro oil project meant to bring Russian oil to Greece via Bulgaria. A total of 115 lawmakers in the 240-seat legislature voted to scrap a 2007 agreement with Russia and Greece for the 280-kilometre pipeline, while twenty-five lawmakers voted against the move.
read more... 11/03/2013