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EU Energy Summit To Focus On Natural & Shale Gas
Read moreThe European Summit of the Heads of State and Government of the European Union in Brussels on the 22nd of May will be heavily focused on natural gas developments, pointing out the importance of the energy commodity for the growth and development of the Continent. Brussels will also put forward in the summit the agenda of shale [...]
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Will U.S. Courts Strip EPA Of Right To Regulate CO2 Emissions?
Read moreAdvocates of forceful action on climate change have long held a trump card. The primary source of greenhouse gas emissions in the U.S. is coal plants, and — since the Supreme Court has determined that those emissions are a pollutant — the EPA is mandated to regulate them. At some point, then, whether whatever president likes it [...]
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EU To Dial Back Global Warming Policies
Read moreThe European Union, which has spearheaded efforts to curb global warming, is set to adopt a change of focus in response to concerns over costs and the impact on companies in economically depressed Europe. Under the change, the European Union will prioritize the supply of energy at affordable prices over cutting greenhouse gas emissions which impose [...]
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Liberals’ Plan To Dismantle Carbon Tax Down Under
Read moreTONY Abbott would prepare for a double-dissolution election within five months of taking office if parliament blocked the repeal of the carbon tax, under a 12-month action blueprint to transform the nation’s environmental laws. A working draft of the plan, obtained by The Weekend Australian and confirmed by opposition environment spokesman Greg Hunt, sets key dates to [...]
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Cold War Politics Hang Over EU Shale Revolution
Read moreThe shale gas revolution has taken its time to arrive in Europe. But after years of watching the US plunge head-first into natural gas exploration and of reaping the rewards, Europe’s politicians are now deciding whether to join in. Most of the political focus has been on potential economic benefits and the environmental consequences of [...]
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EU Businesses Urge Governments To Abandon Costly Green Regulations
Read moreEuropean companies’ competitiveness is hampered by unnecessary burdensome legislative instruments in climate, energy and environment and policymakers must rebalance industrial strategies towards manufacturing, BusinessEurope president Jürgen Thumann said in an interview with EurActiv. The European Business Summit (EBS) begins today (15 May). With Europe’s manufacturing output now 10% lower than before the crisis, the prosperity of the continent is [...]
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US Shale Revolution Creates Global Oil ‘Supply Shock’
Read moreBooming oil production in North America brought on by the shale energy revolution has created a global “supply shock” that is reshaping the industry, the International Energy Agency said on Tuesday. US shale oil will help meet most of the world’s new oil needs in the next five years, even if demand rises from a [...]
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Europe Sinks Its Flagship Carbon Trading Scheme
Read moreAll German Chancellor Angela Merkel had to do was pick up the phone and dial her people in Brussels. Had she done so before the European Parliament’s (EP) key vote last month on April 19, her party’s representatives could easily have saved the EU Emissions Trading Scheme (ETS), Europe’s flagship mechanism for reducing carbon emissions. [...]