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Member states agree ETS rules on auctioning

Member state diplomats meeting in Brussels on Wednesday afternoon unanimously approved detailed European Commission proposals for rules governing the auctioning of carbon allowances under the EU's emission trading scheme (ETS) from 2013.

News

Carbon price could end year at €25/tonne – report

The price of European emission allowances (EUAs) could rise to at least €25 per tonne by the end of the year depending on forthcoming regulatory developments, Deutsche Bank said in a report on Tuesday. The firm had predicted in April a price of €18-20/t by end 2010.

News

Analyst cuts Kyoto credit supply forecast by 25%

Carbon market analyst Point Carbon expects a quarter fewer carbon credits from the Kyoto protocol's clean development mechanism (CDM) this year after credit issuance delays for HFC-23 projects while these are investigated for fraud.

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Traders seek clarity over CDM's future in EU

The European Commission must provide regulatory certainty over the future of Kyoto's main carbon offsetting scheme, the CDM, the International Emissions Trading Association (IETA) has said in a letter to climate commissioner Connie Hedegaard.

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Four states failing to meet interconnection goal

Italy, Ireland, Spain and the UK are failing to meet a non-binding power grid interconnection target of at least 10% they agreed to at the Barcelona summit in 2002, the European Commission told MEPs in response to a written parliamentary question.

Opinion

The full cost of environmental liability

With the implementation of the EU’s 2004 Environmental Liability Directive (ELD) there comes a need to reconsider the scope of environmental damage events that could give rise to liability, and to consider the potential scale of damage that could be caused.

News

Ministers back SME-focused innovation policy

Competitiveness ministers meeting in Louvain-la-Neuve, Belgium, last week have backed calls for giving small companies (SMEs) a more prominent role in EU innovation policy. This would help them overcome existing barriers to eco-innovation, the ministers said.

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EU offshore wind sector heads for record year

New offshore wind turbines providing 333 megawatts of power were connected to the grid between January and June, well over half the total 577MW installed in 2009, according to figures released by European wind power association EWEA on Tuesday.

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ENDS Europe's Sonja van Renssen asks the EEA’s Jacqueline McGlade how she expects the agency’s new biodiversity tools to help shape EU policy