In this latest Brussels Briefing on Environment from viEUws.eu, Sonja van Renssen provides an overview of the latest developments in the field of European environment policy. … [Read more...]
Exclusive: “In 2015, The Hague should see the birth of a new global Energy Charter”
The Energy Charter, signed in 1991 in The Hague in the post-cold War period mainly to harmonise energy relations between Europe and the former Soviet Union, is on the point of being transformed into a global instrument. Secretary-General Urban Rusnak hopes that next year, again in The Hague, a second high-level meeting will establish a new International or Global Energy Charter, adapted to the globalised economy and suited to the needs of energy … [Read more...]
Fed up with federal inaction, States in US and Canada act alone on cap-and-trade
While the EU is discussing the introduction of a Market Stability Reserve to invigorate its moribund Emission Trading Scheme (ETS), States in the US are forging ahead, creating their regional emission trading schemes, writes Nick Cunningham of Oilprice.com. They may even manage to forge a national scheme. … [Read more...]
VIDEO: 5 toughest questions faced by Miguel Arias Cañete – Hearings of Juncker Commission
Miguel Arias Cañete – European Commissioner-designate for Climate Action and Energy (nominated by Spain) – had to answer a number of difficult questions during his hearing by the European Parliament’s Committees on Industry, Research & Energy (ITRE) and Environment, Public Health & Food Safety (ENVI) on 1 October. viEUws.eu produced a comprehensive video summary of the hearing, Cañete’s answers to these 5 toughest questions reveal best … [Read more...]
Carefully prepared Cañete dogged by conflict of interest
The candidate for EU Climate and Energy Commissioner, Miguel Arias Cañete from Spain, demonstrated an impressive grasp of his subject matter at his hearing at the European Parliament on Wednesday night in Brussels. But he failed to answer repeated questions about his brother-in-law’s involvement in two oil-related companies. Today, his future hangs in the balance as he becomes a hostage in a fight between the Parliament’s different political … [Read more...]
IEA: Solar costs heading to 4c/kWh, rooftop solar “unbeatable”
The traditionally conservative International Energy Agency (IEA) predicts the cost of solar energy will fall to around 4c/kWh in coming decades as the sun becomes the largest source of power generation across the world. The latest “Solar Roadmap” published by the IEA on Monday shows that the speed with which solar is reaching “socket parity” has taken the world by surprise, writes Giles Parkinson of Reneweconomy.com.au. … [Read more...]
How the Russian nuclear plant in Kaliningrad can help Baltic States integrate with EU power grid
The three Baltic States want to move out of the Russian-dominated IPS/UPS area power system and into the EU’s CE system. This will require billions of euros in investment not just in transmission networks but also in new baseload generating capacity. One way to reduce these costs, writes Professor Rudolf Dolzer, is for the Baltic countries to link up with the new nuclear power station currently being constructed in the Russian enclave … [Read more...]
“Everything depends on how much more Europeans are ready to pay for alternative sources of gas”
When he passed through Brussels recently, Russian researcher Andrei Belyi gave Energy Post his analysis of the crisis between Moscow and Brussels. For him, it’s a lose-lose situation, because he doubts the European sanctions will make Russia change tack on Ukraine, even if they are costing Moscow influence at international level, especially in negotiations with China. At the same time he questions whether European are prepared to pay for … [Read more...]
Winter gas supply crunch in Europe unlikely, experts say
Major investment in European gas storage, transmission and emergency planning make a repeat of the 2009 gas shock unlikely this winter, market observers say, even if Russia trims exports to retaliate against western sanctions. That should be comforting news to EU Energy Commissioner GĂĽnther Oettinger, who is meeting with energy ministers from Ukraine and Russia (Yuriy Prodan and Alexander Novak) on Friday in Berlin. But analysts do caution that … [Read more...]
VIDEO: Jerzy Buzek, “Europe can enhance security of supply by opening gas market to US”
Jerzy Buzek - Chair of the European Parliament’s Industry, Research and Energy Committee (ITRE) - discusses the energy priorities for the new parliamentary term with Hughes Belin for viEUws.eu. … [Read more...]
In defence of TTIP: Good for the economy – and for the climate
The Trans-Atlantic Trade and Investment Partnership (TTIP) currently being negotiated between the European Union and the United States may deliver significant benefits not just in terms of greater economic competitiveness, but also as regards energy security and even environmental sustainability, writes Carlo Stagnaro, senior fellow at the Italian think tank Istituto Bruno Leoni and advisor to Italy’s Minister for Economic Development. According … [Read more...]
King Coal dethroned: future looks black
New research by the Carbon Tracker Initiative (CTI), the London-based NGO that invented the concept of “stranded assets” (aka the “carbon bubble”), claims that “the tide is turning against coal exporters”. After taking on the oil and gas industry, CTI has for the first time calculated the risks faced by the coal sector from slowing demand in combination with climate change policies. It concludes that most new coal mines will not be economic. … [Read more...]
World’s leading institutional investors call for carbon pricing, ambitious global climate deal
Days before UN Secretary-General Ban Ki-moon convenes the Climate Summit at the United Nations to spur climate action and facilitate a global climate agreement in 2015, nearly 350 global institutional investors representing over $24 trillion in assets have called on government leaders to provide stable, reliable and economically meaningful carbon pricing that helps redirect investment commensurate with the scale of the climate change challenge, … [Read more...]
The new face of nuclear energy
The United Arab Emirates will be the first of the Gulf Co-operation Council nations to develop nuclear power – and only the second in the Middle East after Iran. In this exclusive interview, the CEO of the Emirates Nuclear Energy Corporation (ENEC), Mohamed Al Hammadi, explains why the UAE has chosen to develop nuclear energy, why he is confident the new reactors will come on stream on time and within budget, and why the nation sees itself as a … [Read more...]
VIDEO: “Three commissioners will replace GĂĽnther Oettinger”
For ViEUws.eu's Hughes Belin discusses the implications of the new Juncker Commission. He concludes that three commissioners will replace Energy Commmissioner GĂĽnther Oettinger and expects that climate and energy deals "will be done behind the closed doors of a single cabinet". No wonder, says Belin, NGO's and MEPs have voiced concerns. … [Read more...]
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