Latest news
UK: Shale gas could cut reliance on gas imports and reduce emissions
The new shale gas allowance will help the UK to cut its reliance on imported gas making the nation energy independent and helping also to reduce gas emissions. According to some studies, shale gas is the only way to counterbalance the effects of the growing reliance on imports.
read more... 21/03/2013
Germany: Greenhouse gas emissions up 1.6 pct in 2012 on more coal, gas use
Germany saw a higher level of greenhouse gas emissions in 2012 as a result of burning more coal and gas for electricity generation, according to the Environment Ministry.
read more... 26/02/2013
China to introduce a carbon tax
China has announced it will establish a carbon tax by adding CO2 to the scope of existing environmental levies. According to a senior official with the Ministry of Finance, China will introduce a set of new taxation policies intended to protect the environment, including a tax on carbon dioxide emissions.
read more... 25/02/2013
EU is thinking over new climate targets for 2030
European Union’s 27 Commissioners will meet today to discuss 2030 climate and energy legislation. Today they will consider early proposals for 2030 climate targets covering CO2 emissions and possibly renewable, but the energy efficiency is excluded from the list.
read more... 20/02/2013
How to strengthen the European carbon market
A European Commission plan to temporarily remove some permits from the oversupplied EU carbon market if agreed could pave the way for deeper reforms. These could include permanently taking away EU carbon permits from the Emissions Trading System (ETS) or tightening restrictions on how much bigger emitters can pollute. The current Commission expires in 2014, meaning time is running out for any action and the market is beginning to resign itself to a prolonged period of low prices.
read more... 19/02/2013