Brussels-based, communications for environment, energy and climate.
Negotiations are underway for the reform of the Energy Charter Treaty (ECT), an international trade agreement under fire from former Energy Charter executives, members of the European Parliament, and NGOs. Created at the end of the cold war, it was designed to protect cross-border energy investments – in a fossil fuel world – from political risk. Clare Taylor quotes the critics who say it no longer makes sense for the treaty to protect oil and … [Read more...]
With rising GDP, the European Union is once again at risk of missing the 2020 targets for energy efficiency, and yet more ambitious targets for 2030 lie ahead. Regulation, especially for energy efficiency in buildings, is already driving demand, according to the European Investment Bank, with commercial banks acting as aggregators. Peter Sweatman, rapporteur of the Energy Efficiency Financial Institutions Group is optimistic on the future … [Read more...]