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Europe eyes ambitious restructure

8 Mar 2013

Five weeks after voting down the ‘backloading’ (or withholding) of allowances to raise carbon prices, the European Parliament’s industry committee is proposing two far-more ambitious structural measures.


MEPs will vote next week on a non-binding but hard-hitting report on the EU’s Energy Roadmap 2050, which calls for the EU to limit the amount of carbon allowances in the EU’s Emissions Trading System, and to consider implementing a carbon price floor.


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Related Topics:   Carbon prices Emissions trading Energy Low carbon Politics Technology The House

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International
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Development banks' climate funding hits record, but World Bank pullback looms

Today 11:45am

Multilateral development banks committed a record $162.5 billion in climate financing last year, a report by the EU's lending arm showed on Monday, but ‌targets for poorer nations could be at risk after the World Bank's decision last month to abandon key goals.

‘Climate free fall’: why the biggest risk to our economies is yet to be recognized

Today 11:45am

Increasing instability of the ocean, ice and atmosphere threatens farming, finance and society. We all need to wake up to that fact.

1,000 evacuated from Fontainebleau fires near Paris; Spanish authorities identify some fire victims

Today 11:45am

Bigger fires have been ravaging areas of southern France, but the Fontainebleau fire is exceptionally close to the densely populated region surrounding the French capital.

India is adding biofuels to petrol – but many drivers are unhappy

Today 11:45am

India's decision to increase the share of biofuels blended with petrol is facing ire from motorists who question its viability in a market where a majority of vehicles are not yet designed for it.

“It’s by stealth, isn’t it?” The multi-million dollar effort by Australian fossil fuel companies to get into schools

Today 11:45am

Australian oil, gas and coal companies want to get into school to shape what kids learn about their industry and climate change. One group has been trying to map the scale of the problem.

Extreme heat grips Japan with potential double storm brewing

Today 11:45am

Japan is facing several more days of dangerous heat at the same time as two tropical disturbances could develop into tropical storms in southern waters.

The world's largest meat company abandons its climate and deforestation goals

Wed 15 Jul 2026

After encountering the “immense” challenge of actually executing its net-zero goal by 2040, JBS said it will instead lower its “emissions intensity.”

No relief from the heat as many US cities will see record overnight temperatures

Wed 15 Jul 2026

Another week of blistering heat will bring even more health risks in the coming days, as overnight temperatures won’t provide much relief.

The strongest El Niño ever

Wed 15 Jul 2026

It looks like this year’s El Niño is not only very likely to be the strongest event since reliable records began – it may end up the strongest by a truly mind-blowing margin.

The rise and fall of the fracking phenomenon

Wed 15 Jul 2026

The fracking boom remade the U.S. economy and global energy markets. It also left behind a complicated legacy of winners, losers and lasting political fights.

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