16 Responses to April 17 News: EU Votes To Weaken Its Own Carbon Market
Britain and Italy voted with countries in Eastern Europe to halt plans to try to save the EU carbon market by stopping the downward progression of carbon permit prices. [Guardian, New York Times, AP, Reuters]
The EU’s flagship scheme for cutting carbon emissions suffered one of the most serious setbacks in its chequered history on Tuesday, when MEPs voted against a proposal to shore up the price of carbon in the emissions trading scheme.
The proposed reform – known as “backloading” — aimed to reverse the plummeting price of carbon that has resulted from a surplus of permits in the ETS market. If successful, the reform would have resulted in the postponement of a series of auctions of carbon permits.
But MEPs voted 334 against the reform, with 315 in favour, leading green campaigners to condemn the defeat as a “monumental failure” to mend the carbon trading market, which is Europe’s flagship climate policy and the biggest in the world. “They have lost all credibility on climate leadership,” said Doug Parr, Greenpeace UK’s chief scientist.
A subcommittee of the House Energy and Commerce Committee yesterday passed a bill that would bypass President Obama’s authority to approve or deny the Keystone tar sands pipeline. [The Hill]
Senator Ron Wyden’s former Chief of Staff will now be lobbying for ExxonMobil. [The Hill]
Germany set a country and world record by producing 22.2 GW at noon on Monday, which is amazing in that it’s not amazing — it’s routine for Germany to produce 15-20 MW through their strong solar capacity. [CleanTechnica]
Germany also installed 775 MW of solar PV in the first quarter of this year. [CleanTechnica]
10 energy efficient spring cleaning tips. [Alliance to Save Energy]
More than 1 million solar panel systems have been installed in Australia, constituting 11.5 percent of all dwellings. [Renew Economy]
Toyota announced global sales of hybrid vehicles like the Prius topped 5 million. [Washington Post]
Indian cities are cutting their electricity bills in half by switching to LED streetlights. [Climate Group]
The first device powered by tidal energy in the U.S. has improved and is happily spinning away under the waves off the coast of Maine. [EarthTechling]
Batteries measured in millimeters developed by researchers at the University of Illinois seem to be the most powerful ever created. [CleanTechnica]
Senator Sheldon Whitehouse said progress on climate change should be as critical for national Republicans as gay rights and immigration, and pointed to successes at the state level. [The Hill]
Former VP Al Gore said in Ireland that climate denial enables us to continue “sleepwalking towards the edge of the cliff.” [Irish Times]
Sequestration threatens an important meteorological training program on which pilots, emergency managers, and meteorologists rely. [Washington Post]
The New York Times, which dismantled its environmental desk last year, looks at the business model of Pulitzer winner InsideClimate News. [New York Times]