Latest Markets & Corporate News

Analysis People, Coralie Ponsinet

Why Britain should go beyond GHG reporting

French experience shows wider reporting requirements help linking non-financial assets and risks to companies’ overall strategies, says Coralie Ponsinet
Comment People, Anthony Hobley

The dangers of not fixing the ETS

Anthony Hobley of law firm Norton Rose warns that alternatives to the EU's emissions trading scheme are far less appealing to businesses
Comment People, Matteo Mazzoni

Backloading vote: an analyst’s view

MEPs' decision to block the EU executive’s proposal to ‘backload’ carbon allowance sales leaves the ETS in a precarious position, says analyst Matteo Mazzoni
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EU climate and energy proposals, 22 January

Barroso, EC president

The European Commission has set out proposals on post-2020 climate and energy policy, including for a 40% decarbonisation target for 2030.

To the disappointment of the renewables sector, it proposed doing away with binding national targets for clean energy. An alternative governance system will be developed “in dialogue with member states”, José Manuel Barroso said.

Shale gas recommendations are "a good demonstration of the role the EU should play, setting cross-border rules for environment and safety, but not meddling in the basic energy mix chosen by member states,” he added.

The Commission also tabled legislation to permanently fix the supply-demand imbalance in the European carbon market.

2030 package

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