Tag Archive for 'CO2 emissions'

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Council Gives Green Light to Commission Regulation Permitting Backloading of Emission Allowances

The Council today decided not to oppose the adoption of a Commission regulation amending Regulation No 1031/2010, which in particular determines the volumes of greenhouse gas emission allowances to be auctioned in 2013-2020.

NRW Minister of Economy Opposes Backloading of Emission Allowances

North Rhine Westphalia’s Minister for the economy Garrelt Duin (SPD) rejects backloading and therewith opposes the position of the Social Democrats in the European Parliament. The discussion about backloading is ongoing and intensifying as the EP passed a motion in that regard in July.

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BMWi: Revised Guideline on Compensation of Indirect CO2 Expenses

After publication on 6 August 2013 in the Federal Register (Bundesanzeiger), the revised guideline on state aid measures regarding indirect CO2 expenses has come into force. The revised guideline was approved by the European Commission.

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Government of Baden-Württemberg Adopts Climate Protection Act

The government of Baden-Württemberg has adopted a bill on climate protection, which contains ambitious greenhouse gas emission targets for 2020 and 2050. The bill shall be voted on by the state parliament before the summer recess, the government said.

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BMU: EU Emissions Trading Scheme Crisis Affects German Climate Protection Targets

The sectors covered by the EU emissions trading scheme (EU ETS) will fall short of the EU target for 2020 to reduce greenhouse gas emissions by 21% compared with 2005, the latest Greenhouse Gas Projections Report Germany submitted to the EU shows. The main reason were the low prices of the EU emission allowances, which did not provide sufficient incentives for a climate-friendly modernisation of the energy sector, the environment ministry (BMU) said.

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Germany Meets Kyoto Obligation – But Greenhouse Gas Emissions Rise by 1.6% in 2012

According to preliminary calculations, Germany’s greenhouse gas emissions increased by 1.6% in 2012, the Federal Ministry for the Environment (BMU) and the German Environment Agency (UBA) informed in a joint press release. Germany, however, met its obligations under the Kyoto-Protocol, lowering greenhouse gas emissions by 25.5% compared with 1990, while it would only have been obliged to lower emission by 21% on average for the period 2008 to 2012, BMU and UBA pointed out.

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German CO2 Emission in 2011 2.9% Lower Despite Nuclear Withdrawal Thanks to Weather Conditions

Despite the shutdown of eight nuclear power plants following the German energy policy shift  of 2011, CO2 emissions declined by 2.9% in 2011 compared with 2010. However, the decline was mostly due to the weather conditions, the Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU) and the German Environment Agency (UBA) said in a joint press release.

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BVerwG on Free Allocation of CO2 Emission Allowances to Power Plants

Today, the Federal Administrative Court in Leipzig (BVerwG) decided in four proceedings on the allocation of CO2 emission allowances under the Allocation Act 2012 (Zuteilungsgesetz). The court held that the cuts in free allowances for power plant operators comply with the statutory allocation requirements, the superseding EU regulations, and the German Constitution (Grundgesetz).

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Munich Stock Exchange to Discontinue Trade with CO2 Emission Certificates

The Munich Stock Exchange (Bayerische Börse) announced that it is to discontinue trading with CO2 emission certificates on 30 June 2012. Trade volume at the European Stock Exchanges dramatically decreased to almost zero over the previous months, so that there was not enough volume for a functioning, liquid market, Munich Stock Exchange said.

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OECD Report Germany 2012 Highlights Growth Potential of the Green Energy Sector

One of the main OECD recommendations for Germany in its Economics Report 2012 on Germany is to further tap the growth potential of the climate protection and green energy sector in a cost-effective way. A whole chapter is devoted to this topic.

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