EU Policy News

MIT predicts global temperatures will rise twice as much.

Published on: May 20, 2009

Earth’s median surface temperature could rise 5.2 degrees C) by 2100, the scientists at the Massachusetts Institute of Technology found, compared to a 2003 study that projected a median temperature increase of 4.3 degrees F (2.4 degrees C). The new study, published in the American Meteorological Society’s Journal of Climate, said the difference in projection was due to improved economic modeling and newer economic data than in previous scenarios. The MIT team used computer simulations that took world economic activity as well as climate processes into account, they said in a statement. “Without action, said study co-author Ronald Prinn, “there is significantly more risk than we previously estimated. This increases the urgency for significant policy action.” The study coincided with the US government announcing a plan to set national emissions standards for cars and trucks to cut climate-warming pollution and as a bill to institute a cap-and-trade system to curb greenhouse gases was debated in the House Energy and Commerce Committee.

Further Reading »

Positive Discussion on ETS and Energy Efficiency

The meeting of Energy ministers in Denmark on Friday 20 April 2012 concluded by reaching an agreement on the approach recommended by the European Commission in its energy roadmap to 2050. Europe’s energy future will involve higher efficiency, more renewables and infrastructure upgrades, they said.
The ministers backed the roadmap’s ‘no regret’ options, which the commission says would apply to all decarbonisation scenarios envisaged in the document, regardless of the choices made by member states.

EU Parliament adopts report on EC proposal for a new Energy Tax Directive

On April 19 the EU Parliament adopted the report of Luxemburg’s MEP Astrid Lulling (EPP), and Swedish shadow Rapporteur, Olle Ludvigson (S&D)

MEPs to vote on Energy Taxation Directive

MEPs will today vote  on the proposal for revision of the 2003 Energy Taxation Directive (ETD) following a report by Astrid Lulling (EPP, Luxembourg) in Strasbourg last night. The revision marks the introduction of CO 2 in the taxation of energy products and electricity and the end of the special status given to diesel fuel and unleaded petrol.   The proposal, presented by the European Commission in 2011, constitutes the response to the EU summit’s 2008 request to align the European Union’s energy and climate change objectives. Under the revision, taxation would be based not only on energy content but also on the CO 2 content of energy products, and would include a minimum level for CO 2. Member states will therefore have to make a clear distinction between the two components: taxation of CO 2 and taxation of the energy source. The text also provides for abolishing the reductions granted for diesel fuel for professional use as well as the preferential price for unleaded petrol. More generally, it does away with the existing distinction between commercial and private use of energy products to produce heat and electricity. While maintaining a degree of flexibility, including the possibility for member states to levy more than one tax on energy consumption, [...]

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