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On 10 July the Australian government announced its plan to introduce an emissions trading scheme, covering 60% of the country’s greenhouse gas emissions and expected to cut emissions to 5% under 2000 levels by 2020. “There are some positive announcements for the stationary energy industry, but risks remain for the stable, competitive delivery of secure energy supplies,” commented Brad Page, CEO of the Energy Supply Association of Australia (esaa). The proposal is expected to go to parliament next month, and a final vote could be held in November.
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On 5 July the European Parliament voted against an own‐initiative report calling for the EU to adopt a unilateral 30% reduction in greenhouse gas (GHG) emissions by 2020. The vote came several days after the impasse in the Council of Ministers, where the adoption of the conclusions on the 2050 low‐carbon roadmap was blocked because it made reference to a possible 25% emission cut by 2020. Is it time for the EU to move beyond the 2020 horizon?
(More on www.eurelectric.org in Daily News – Password needed)
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