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Reverse charge on carbon trading to be introduced by Britain

Reverse value-added tax (VAT) charges on carbon emissions trading will be introduced by the United Kingdom’s tax authority from November 1, as to reduce the risk of carousel fraud.

read more... 25/08/2010

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Initiative to create the Mediterranean Carbon fund

A group of investors study the possibility of the creation of a Carbon fund within the Union of Mediterranean, the Mediterranean Carbon Fund (MCF), in order to support low-carbon and no-carbon ecological projects.

read more... 01/07/2010

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Oil and gas production in Italy estimated to increase in 2010

Italy, the country depending very much on oil and gas imports due to insufficient natural resources, expects its domestic hydrocarbons production to increase this year, according to Industry Ministry Undersecretary Stefano Saglia on Thursday.

read more... 14/06/2010

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A carbon tax to be set in the European Union

The European Commission proposed a “tax carbon” on road transport, buildings and agriculture as part of the new directive regarding energy taxation, which would be approved only if the member states of the European Union unanimously agreed on.

read more... 02/06/2010

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Enel Green Power to expand its green energy in Latin America

Enel Green Power, the largest renewable energy company in Italy, is going to build a hydropower plant of 84 MW in Guatemala, which will generate 370 million KWh of power annually, thus reducing carbon dioxide emissions by 280,000 tonnes.

read more... 01/06/2010

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