Germany to keep nuclear power sector

Thursday, 22 October 2009
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Germany's incoming government has agreed to reverse plans to abandon nuclear power. Berlin is eager to reduce dependency on gas and oil imports, but environmentalists have already vowed to fight the decision, says DW-World.de.

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EU to develop indicators for eco-efficient economy

Thursday, 22 October 2009
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EU environment ministers have asked the European Commission to develop robust indicators to measure the bloc's progress towards an eco-efficient economy, a concept that will be at the core of the revised Lisbon Strategy for Growth and Jobs, to be agreed upon next spring.

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Ireland chosen for commercial-scale wave-energy project

Tuesday, 20 October 2009
imagee/wave.jpg Swedish power utility Vattenfall and Irish wave-energy developer Wavebob announced on Monday plans to build a commercial-scale wave-energy project off the west coast of Ireland, says HydroWorld.com.
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Derivatives Traders May Face Position Limits Under EU Proposal

Tuesday, 20 October 2009
imagee/EU_flag.jpg Traders may face limits on positions they can take in the over-the-counter derivatives market, valued at $592 trillion, under a draft European Union proposal, says Bloomberg.com.
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Natural gas consumption is expected to rise significantly to cut GHG emissions

Saturday, 17 October 2009
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The International Gas Union (IGU), whose members account for about 95% of global natural gas output, saying gas production will need to increase 70% for the world to reduce GHG emissions at the scale need to avoid catastrophic climate change, says Reuters.

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