Browsing All posts tagged under »Europe«

Global RE investments surge to $ 211 billion in 2010

July 9, 2011 by

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UNEP recently published the “Global Trends in Renewable Energy Investment 2011” in collaboration with Bloomberg New Energy Finance.  At a overall level, the RE investements grew by 32% to reach $ 211 billion in 2010. Emerging economies contributed $72 billion, a notch higher than the developed economies, at $70 billion. This is a significant shift […]

CO2 emission limits for airlines under EU ETS

April 6, 2011 by

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As we had earlier mentioned, starting 1 January 2012, aviation sector will be included in the European Emissions Trading Scheme (EU ETS), EU’s mandatory cap-and-trade system for reduction of GHG emissions. Similar to industrial installations included in the EU ETS, more than 4,000 European and international aircraft operators will come under the EU-ETS. Airline operators […]

Aircraft GHG emissions under EU-ETS : Regulations in making

January 25, 2011 by

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International emissions from aviation transport are excluded from the targets set for developed countries by the Kyoto Protocol and the UNFCCC. The International Civil Aviation Organization (ICAO) has been given the responsibility to tackle the issue under the Kyoto Protocol. It is only recently that the ICAO had been able to reach agreement on binding […]

Dutch carbon capture and storage project to be aided by the European Commission

November 22, 2010 by

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Last month, the European Commission approved aid to the tune of €150m by The Netherlands to a carbon capture and storage project. This project will be carried out as a joint venture between E.ON and GDF Suez. It will involve the construction of a plant in Rotterdam to capture CO2 emitted by E.ON’s coal-fired power […]

Aircraft GHG emissions under EU-ETS: Regulations in making

October 26, 2010 by

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International emissions from aviation transport are excluded from the targets set for developed countries by the Kyoto Protocol and the UNFCCC. The International Civil Aviation Organization (ICAO) has been given the responsibility to tackle the issue under the Kyoto Protocol. It is only recently that the ICAO had been able to reach agreement on binding […]

WHEN WOULD AUSTRALIA PUT A PRICE ON CARBON?

October 21, 2010 by

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The Vivid Economics report measured the six countries’ environmental performances by pitting their respective climate change policies to their indirect pricing policies such as pollution price tag, subsidies and regulations which is then gauged in dollars per tonne of carbon pollution. Australia’s performance was better than only South Korea when compared to its major trading […]