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European Union leaders are set to urge faster integration of the bloc’s power and natural-gas markets to lower energy prices as the U.S. shale-gas revolution widens the EU’s cost gap with its largest trading partner.
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Companies holding United Nations carbon offsets equivalent to 7 percent of the European Union’s annual emissions cap risk losing their investment unless they find a buyer for the credits the bloc banned earlier this year.
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The European Union should scrap fossil fuel and renewable energy subsidies and set a target to cut oil imports to remain the leader in the fight against global warming, according to Poland’s environment minister.
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Prime Minister Stephen Harper is seeking to counter opposition to TransCanada Corp.’s Keystone XL pipeline, a project crucial for boosting Canada’s economy and Harper’s plans to make the country an energy superpower to rival Saudi Arabia.
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Australia more than halved its projection for carbon prices in the year starting July 2015 to A$12.10 ($12) a metric ton as the European Union, its planned partner in a cap-and-trade system, struggles with low prices.
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California would borrow $500 million in carbon allowance auction proceeds, required by law to be spent on emissions-cutting efforts, to cover general expenses under Governor Jerry Brown’s latest budget.
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They’re unlikely business partners: a billionaire environmentalist and one of the largest coal-burners in the U.S.
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U.S. Secretary of State John Kerry arrived in Stockholm for meetings with Swedish leaders before traveling to the northern reaches of the country for a meeting on the sweeping climate changes affecting the Arctic.
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French chef David Faure says diners don’t complain about the crickets he started serving with his foie gras starter last month. Some say they wouldn’t mind more.
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The amount of carbon dioxide in the atmosphere surpassed a threshold not seen for 3 million years, exceeding 400 parts per million for the first time since researchers began tracking the data.
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