Plans for a new European greenhouse gas reduction regime would see large swathes of industry having to pay for the right to pollute, raising electricity prices, for example, by as much as 15%. Safeguard measures to prevent factories and jobs being driven out of Europe have been delayed until the outcome of negotiations for a [...]
Archive for January 24th, 2008
EU unveils plans to beef up carbon trading scheme
Posted in CO2-Emission, Climate, Economics, Europe on 2008-01-24 | No Comments »
Spain to invest €25 million in Green Carbon Fund
Posted in CO2-Emission, Climate, Economics, Europe on 2008-01-24 | No Comments »
The Spanish government and the European Bank for Reconstruction and Development have signed an agreement under which Spain is contributing €25 million to the Green Carbon Fund. The Fund is part of the Multilateral Carbon Credit Fund (MCCF) sponsored by the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB). The [...]
Germany welcomes EU climate package as ‘ambitious and courageous’
Posted in CO2-Emission, Climate, Economics, Europe on 2008-01-24 | No Comments »
German Environment Minister Sigmar Gabriel welcomed the energy and climate package put forward by the European Commission Wednesday.
“We expressly welcome the goals and implementation of the EU measures. This is a very ambitious and courageous climate protection and energy package that the European Commission has decided on,” he told journalists in Berlin. Gabriel indicated [...]
Emissions traders bullish over EU climate proposal
Posted in CO2-Emission, Economics, Europe on 2008-01-24 | No Comments »
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European Commission Proposes New Renewable Energy Directive
Posted in Energy, Europe, Policy on 2008-01-24 | No Comments »
The European Commission has released a proposal for a Directive on the promotion of the use of renewable energy. The Directive is designed to address all sectors of the renewable energy industry with the goal of helping them move toward the Commission’s target for 20 percent of Europe’s energy being producing from renewable sources by [...]
A Cheaper Battery for Hybrid Cars
Posted in Batteries, Transportation on 2008-01-24 | No Comments »
The future market for hybrid-electric vehicles, at least those that are affordable, isn’t necessarily paved with lithium. Researchers in Australia have created what could be called a lead-acid battery on steroids, capable of performing as well as the nickel-metal hydride systems found in most hybrid cars but at a fraction of the cost.
The so-called UltraBattery [...]
