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China has officially restricted exports of rare earth for several years and announced this year it will further tighten exports. Rare earth is a group of 17 different metals, usually found clustered together. These metals have hundreds of different industry applications. For example, they are...
Persistent link: https://www.econbiz.de/10009003786
In its third phase (2013-20) the European Union's emissions trading system (ETS) will issue allowances for around two billion tonnes of CO2 equivalent each year. The emission rights are valued at around Â?30-35 billion at current prices, between one-half and two-thirds of the amount the EU...
Persistent link: https://www.econbiz.de/10009003787
Bruegel Research Fellow Georg Zachmann explains the challenges that arise in creating an efficient single electricity market in Europe. This Policy Brief proposes that the European Commission continues to push for binding European network planning based on technical and cost-benefit analyses,...
Persistent link: https://www.econbiz.de/10008568186
The issue: The European Union's emissions trading system (ETS), introduced in 2005, is the centerpiece of EU decarbonisation efforts and the biggest emissions trading scheme in the world. After a peak in May 2008, the price of ETS carbon allowances started to collapse, and industry, civil...
Persistent link: https://www.econbiz.de/10011147829
Read Georg Zachmann's Memos to the new Commissioner for Energy and the new Commissioner for Climate Action The issue: European Union energy policy is guided by three objectives: sustainability, security of supply and competitiveness. To meet its goals in these areas, the EU is updating its...
Persistent link: https://www.econbiz.de/10011147836