Tag Archives | eu

EU Needs New Renewable Goal Post 2020

The European Union needs new binding goals on renewable energy and on cutting carbon emissions to succeed green policy targets that expire in 2020, the EU’s energy chief said, omitting any mention of replacing the current energy savings target.

Read full story

EU Solar Panel Inquiry Draws Warning From China

The European Commission has launched an investigation into suspected dumping of solar panels by Chinese producers, drawing a warning from China that restrictions on its exports will hurt the multi-billion-dollar global clean energy sector. The investigation into the biggest import sector ever targeted by the Commission stems from a complaint by a group of European solar companies, led by Germany’s SolarWorld.

Read full story

OPEC Warns EU Low Oil Prices Threaten Future Supply Security

OPEC on Thursday warned the European Union that too-low oil prices could “break the momentum” of upstream investment and threaten future supply security, according to a joint statement issued after a regular ministerial meeting between the two sides in Brussels.

European energy commissioner Gunther Oettinger stressed in his opening address the negative impact of very high oil prices on the world economy and warned against reduced investment that could lead to supply bottlenecks in the future.

Read full story

EU Pushes for CO2 Pledges Review

A yearly review of countries’ greenhouse gas emissions cut pledges under an extension to the global climate pact the Kyoto Protocol could be a way to raise climate ambitions, the European Union’s lead climate negotiator said on Wednesday.

Read full story