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Germany, France and UK may take on Poland over CO₂ fix end-June

ostirala, 2012.eko maiatzak 25

Europe’s three biggest economies may confront Poland over the need to tighten the bloc’s climate policies at a meeting of EU leaders on June 28 to June 29, according to a European lawmaker.

Poland has been blocking ministerial consensus on climate policies to 2050, which it said may also pave the way for the European Commission to propose stricter climate goals for 2020. Germany, France and the U.K., the region’s three largest economies by gross domestic product, may join forces to bring the agreement to the attention of EU leaders, Claude Turmes, a Luxembourg member of the European Parliament, said today.

“Germany, the U.K. and France are building a coalition strategy on how to bring pressure on Poland in discussions of tighter targets and a set-aside,” Turmes said from Brussels in a telephone interview.

Some member states want to intervene in the EU’s emissions trading system to boost tumbling prices. Oversupply of permits has grown as Europe’s economy struggled amid concern that countries such as Greece will struggle to pay off debt, forcing them to abandon the euro. Poland, which relies on coal for about 90 percent of its electricity generation, blocked an EU declaration on climate policies in March.

The EU is moving toward auctioning of allowances in its emissions trading system from 2013 after giving most of them to companies for free since 2005. The planned sales of permits will be an additional source of revenue for national governments, which are seeking to boost growth and jobs amid a recession and debt crisis.

“Finance ministers have understood that they cannot talk about growth and jobs without addressing the carbon price,” Turmes said.

Curbing the oversupply of allowances in the world’s biggest greenhouse gas market and adopting a carbon-reduction target for 2030 could help prices rebound from a record low hit earlier this year, according to investors including Royal Dutch Shell Plc. (RDSA)

Fuente: Bloomberg

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