Rhein on Energy and Climate

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For those fighting to preserve the earth’s climate, the second decade of the 21st century has begun with two bad news: · UN member countries will not honour the deadline of February 1st, by which to submit their climate targets for 2020, as “agreed” in the “Copenhagen Accord”. That might be the beginning of the… » read more

Posted by Eberhard Rhein

Since the introduction of the common currency, the 16 member countries, that have presently adopted the Euro, form an informal group within the EU institutional framework where they discuss their specific concerns on monetary and fiscal policies. This has often been very useful. The Lisbon Treaty has therefore formally confirmed the Euro group. Backed by… » read more

Posted by Eberhard Rhein

At the Commission Hearings by the EP, January 15, the new Climate Commissioner, Connie Hedegaard, has pleaded in favour of continuing to rely on the UN machinery as the way to reach an international agreement on climate change. After two years of unsuccessful preparations, in the UN framework, for the Copenhagen Climate Conference, this is… » read more

Posted by Eberhard Rhein

In December 2008 the EU has decided onto providing at least 20 percent of its energy needs – the equivalent of 30 percent of its electricity consumption – supply from renewable sources by 2020 latest. To that end, it will need to generate about one third of its electricity from renewables. This is anything but… » read more

Posted by Eberhard Rhein

As of January 1st, the new Brazilian climate legislation (“National Policy on Climate Change Act”) has entered into force. It fixes ambitious targets. By 2020 green house gas emissions should be 39 percent lower than “business as usual”, which should bring back Brazil‘s emissions back to 1994 levels. To reach this objective, Brazil must first… » read more

Posted by Eberhard Rhein

As of January 1, 2010, France was supposed to have launched its ecological tax reform, under which fossil energy would be taxed at increasingly higher rates and taxes on income and would be lowered correspondingly. On December 27th, the Conseil d`Etat has, however, declared the envisaged legislation as unconstitutional, on the grounds that it contained… » read more

Posted by Eberhard Rhein

The signature of a $ 20 billion contract, at the end of 2009, between the United Arab Republic and a South Korean industrial consortium under the leadership of the Korea Electric Company for the construction of four nuclear 1400 MW power plants marks a milestone in global energy cooperation: · The UAE will be the… » read more

Posted by Eberhard Rhein

Fighting climate change requires action by all countries, but in particular the small number of major emitting countries- China, USA, EU, Russia, Japan, India, Gulf states, Brazil, Mexico, Canada, Australia, Korea, South Africa – on which effective mitigation of global climate change hinges. Up to now only the EU and Japan have taken stringent actions… » read more

Posted by Eberhard Rhein