Subscribe free to our newsletters via your
. Energy News .




ENERGY NEWS
Poland hails carbon allowances compromise
by Staff Writers
Warsaw, Poland (UPI) Oct 29, 2012


disclaimer: image is for illustration purposes only

Poland says it has achieved a major objective in forcing an EU compromise on carrying over stockpiled carbon trading allowances beyond 2012.

Polish Environment Minister Marcin Korolec said last week that Warsaw was successful in its efforts to fend off efforts by Western European states to block the right to carry over the "assigned amount units" into an extension of the Kyoto Protocol to be addressed next month in Doha, Qatar.

"We managed to achieve two main objectives -- a common position for the U.N. Climate Change Conference in Doha, and the EU's position that is not threatening the possibility of using AAUs surplus after 2012," Korolec said in Luxembourg following a meeting of the EU Environment Council.

He said Poland aligned itself with other Eastern European members of the Visegrad Group (the Czech Republic, Hungary and Slovakia) along with Romania, Bulgaria, Latvia and Lithuania to produce a "significant and positive impact" on the council, which adjourned unable able to resolve on the dispute heading to the Nov. 26-Dec. 7 Doha conference.

Western European nations such as Britain, Germany, France and Spain favor canceling the carryovers of unused allowances into the proposed "Kyoto II" second commitment period of 2013-20, contending it would undermine the European Union's ability to reach the U.N. goal of a 20 percent emissions reduction by 2020.

Poland's effective veto ensured the European Union would go to Doha with an "open mandate" on the allowances issue, which Korolec said was necessary to protect "our right to preserve and dispose of the emissions reductions achieved under the Kyoto Protocol."

Since the signing of the 1997 Kyoto agreement, Poland and other former communist European countries have stockpiled thousands of AAUs due to the collapse of their heavy industries and the resulting drop in their greenhouse gas emissions.

Poland says it needs to retain the credits so it can keep funding its Green Investment Scheme, which injects funding for the development of "green economy" projects such as building insulation, energy savings in public buildings and the production of renewable energy.

Western European states, however, saw Poland's move as a defeat for hopes of reaching a 20 percent Kyoto II emissions target.

Spanish Minister for Agriculture, Food and Environmental Affairs Miguel Arias Canete said Madrid wants to see that goal reached but that the lack of a clear directive on AAUs will make the task more difficult in Doha.

Acknowledging "differences do exist" between EU members, Canete said, "We believe they shouldn't be carried over to the next period because they were established for this period, there was certain logic behind this and, therefore, we shouldn't include them in any successive periods."

The mandate adopted by the EU Council last week contained little deviation from goals agreed on earlier this year, calling for medium and long-term emissions reduction targets of 20 percent by 2020 and 80-95 percent by 2050.

The European environment ministers also reiterated their determination to take part in the second commitment period, which begins Jan. 1, and to implement the steps needed to move ahead on an action plan agreed to in Durban, South Africa, in 2011, Europolitics.com reported.

.


Related Links







Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








ENERGY NEWS
China energy giant Sinopec sees Q3 net profit fall
Hong Kong (AFP) Oct 28, 2011
Chinese oil giant Sinopec, Asia's largest refiner by capacity, said Sunday that third-quarter net profit fell 9.4 percent from a year earlier due to a lower contribution from its chemicals business. Sinopec reported a net profit of 18.33 billion yuan ($2.9 billion) for the three months ended September 30, a 1.89 billion yuan drop from 20.22 billion yuan in the same period last year. The ... read more


ENERGY NEWS
Poland hails carbon allowances compromise

Global headwinds trouble India's Suzlon

China energy giant Sinopec sees Q3 net profit fall

Japan eyes Mozambique for cheaper coal, gas

ENERGY NEWS
Oil prices drop as hurricane blasts US East Coast

Obama shows support for natural gas

Crude down in Asia as hurricane threatens US

Utah oil sands projects gets green light

ENERGY NEWS
China backs suit against Obama over wind farm deal

DNV KEMA awarded framework agreement for German wind project developer SoWiTec

Sandia Labs benchmark helps wind industry measure success

Bigger wind turbines make greener electricity

ENERGY NEWS
Tokelau achieves renewable power

Next-generation antireflection coatings could improve solar photovoltaic cell efficiency

Scientists demonstrate high-efficiency quantum dot solar cells

ABC SOLAR To Develop FIT Power Generation Plants In Japan; Inks MOU With European Firms

ENERGY NEWS
IAEA team tours India nuclear plant after radiation leak

Czechs reject French Areva appeal of nixed bid on nuke plant

Czechs, Slovaks join forces in defence of EU nuclear power

Japan's Hitachi to buy Horizon for $628 mln: reports

ENERGY NEWS
Scientists build 'nanobowls' to protect catalysts needed for better biofuel production

Boeing-COMAC Technology Center Announces First Biofuel Research Project

Serbia marks opening of new biogas plant

Large-scale production of biofuels made from algae poses sustainability concerns

ENERGY NEWS
China to launch 11 meteorological satellites by 2020

China makes progress in spaceflight research

Patience for Tiangong

China launches civilian technology satellites

ENERGY NEWS
Feeling hot, hot, hot

EU on track to exceed Kyoto emissions goal

EU on track for Kyoto and 2020 emissions targets

Pollution tax stokes Australian inflation




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement