European Union

European surrender on aviation emissions
Read Full Story Members of the European Parliament voted yesterday to back a deal reached with member states to alter the European Union's Emissions Trading Scheme (ETS) so that foreign airlines will not have to pay for the CO2 emissions they emit in EU airspace. After the International Civil Aviation Organisation (ICAO) agreed a timeline toward a future global mechanism to reduce aviation emissions last September, the European Commission proposed a compromise that would exempt emissions taking place outside EU airspace, but still make foreign airlines pay for their emissions taking place within EU airspace.
European surrender on aviation emissions
November 29, 2013
France, Germany and the United Kingdom want to further water down the new European Union plan to regulate CO2 emissions from flights in its airspace, bring them into conflict with the Brussels-based European Commission, which is keen to maintain the bloc's climate change policy. The three biggest economies in Europe want to regulate emissions from domestic EU flights only, scaling back a Brussels proposal that would charge any airline for emissions made over European airspace.
India has voiced firm opposition to EU plans to impose a scaled-back carbon charge on flights over European airspace while a senior US lawmaker said the EU proposal runs afoul of a law intended to shield US airlines from such charges.
Airline emissions over European territory
October 17, 2013
The European Commission has set the cat among the aviation pigeons once again by proposing to apply the European Union’s emissions trading system (ETS) within its own airspace from 1 January 2014. The move has drawn a predicable chorus of whining from the airlines which are currently basking in self-congratulation over the recent progress made toward a global regime to control their greenhouse gas emissions. Earlier this month industry regulators meeting at the assembly of the International Civil Aviation Organization (ICAO) in effect agreed to come to a final agreement on a market based mechanism to control emissions at their next triennial assembly in 2016.
Read Full Story After more than two years of international bickering, the European Union has finally abandoned its attempts to apply its aviation emissions regulations on foreign airlines.
The European Union (EU) announced on Thursday that it will provide 20 million Euro (USD26.4 million) to help Pacific states address the impacts of climate change and the urgent need to improve resilience to natural disasters.
Conentrated solar power plant
August 09, 2013
China's solar industry is exuding signs of confidence again. Troubled Suntech and China Sunergy managed to regain their listings on the New York Stock Exchange, companies are gaining lines of credit again and order books look healthy. For all the cheer, however, there is still plenty of blinkered thinking on the future of the industry in China. The country’s solar companies are feeling more confident now that Chinese trade negotiators put one over on their EU counterparts. The day after the EU/China solar trade agreement shares of Chinese solar panel makers rallied in New York while European solar shares fell.
Chinese Euros for solar PV
July 30, 2013
In spite of Chinese officials outmaneuvering their European Commission counterparts in what had been the world's biggest anti-dumping case, the main complainant, EU ProSun, has initiated legal proceedings over the solar power trade agreement. The agreement, announced over the weekend, allowed the EU case to be settled without any tariffs or fines, with China guaranteeing not export solar panels to Europe for less than 74 cents a watt. As Associated Press pointed out, that price is about 25 percent lower even than when the case began last September.
China and the European Union are reported to be close to an agreement that will resolve a dispute over Chinese solar panel imports and avert a potential trade war.
Starting from tomorrow the European Union will impose duties of 11.8 percent on imports of Chinese-made solar panels, and those levies will rise to an average of 47.6 percent — and as high as 67.9 percent — in August unless an accord is reached beforehand.