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Latest Climate change in the European Union Stories

2014-09-23 20:21:01

WASHINGTON, Sept. 23, 2014 /PRNewswire-USNewswire/ -- Speaking at the UN Climate Summit in New York City today, European Commission President José Manuel Barroso said that the European Union will aim to cut domestic greenhouse gas emissions 40 percent by 2030, and set a renewables target of at least 27 percent and energy savings of 30 percent. "I am confident that EU leaders will seal this deal at their summit in October." President Barroso noted that "these targets are milestones...

2014-08-21 08:24:22

KARLSRUHE, Germany, August 21, 2014 /PRNewswire/ -- Tough times ahead for industrials with ETS compliance obligations, as reduced auction volumes and back-loading mean carbon prices set for sustained increase, reaching double digits by 2015 With prices hitting a 5 month high of EUR6.50 today, established energy intelligence provider ICIS Tschach predicts a sustained increase in the price of European Trading Scheme (ETS) allowances. On current trajectories, prices are...

2014-06-20 12:21:35

LONDON, June 20, 2014 /PRNewswire/ -- Established energy market intelligence provider, ICIS [http://www.icis.com ], recently published a dedicated whitepaper putting forward a proposal for an optimised Market Stability Reserve (MSR) to structurally reform the EU Emissions Trading Scheme. In late January 2014 the EU Commission proposed a MSR along with the 2030 Framework for Climate and Energy Policies. The proposed legislation of the commission amends the design of the...

2014-01-08 16:23:41

LONDON, January 8, 2014 /PRNewswire/ -- Today's positive vote in the Climate Change Committee (CCC) on the EU Commission's proposal to change the Auction Regulation constitutes the final legislative step to implement back-loading. Back-Loading Back-loading refers to the short-term measure initiated by the EU Commission aiming to curtail the auction volumes by 900m EUAs in the years 2014-2016 and re-insert those at a later stage in the third trading period...

2011-07-20 11:48:00

House Leaders Agree Scheme Is Illegal, Infringes on U.S. Sovereignty WASHINGTON, July 20, 2011 /PRNewswire-USNewswire/ -- The Air Transport Association of America (ATA), the industry trade organization for the leading U.S. airlines, today commended House leaders for proposing a bill that declares the application of the European Union (EU) Emissions Trading Scheme (ETS) to aviation inconsistent with international law, and directs the Department of Transportation to prohibit U.S. carriers...

2010-05-27 11:43:00

Case Referred to European Court of Justice WASHINGTON, May 27 /PRNewswire-USNewswire/ -- The Air Transport Association of America (ATA), the trade organization for the leading U.S. airlines, said today that it was pleased that the English High Court will allow ATA permission to proceed with its legal challenge to the unilateral extension of the EU emissions trading scheme to international aviation. The High Court will shortly refer the case to the European Court of Justice (ECJ) in...

2010-04-28 07:59:00

PARIS and LONDON, April 28, 2010 /PRNewswire/ -- - Now Ready to Process Applications From Airlines and Business Aviation Operators VerifAvia, the first EU Emission Trading Scheme (EU ETS) verification body dedicated to the aviation sector, announced today its readiness to process applications from airlines and business aviation operators for pre-verification and verification audits. The company, which was recently created to respond to the needs of the aviation sector for expert...


Word of the Day
cacodemon
  • An evil spirit; a devil.
  • A nightmare.
  • In astrology, the twelfth house of a scheme or figure of the heavens: so called from its signifying dreadful things, such as secret enemies, great losses, imprisonment, etc.
'Cacodemon' comes from a Greek term meaning 'evil genius.'
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