
EU bets on US 'consultations' to save Russia pipeline
EU firms are betting that a non-binding “consultation” process on new US sanctions will stop their investment in a Russian gas pipeline from turning into a fiasco.
Friday
25th Aug 2017

EU firms are betting that a non-binding “consultation” process on new US sanctions will stop their investment in a Russian gas pipeline from turning into a fiasco.

Russia and China bond over anti-Western rhetoric and the shared interest of keeping the US at bay, but beyond that, there is little that binds Moscow and Beijing together.

If the European emissions trading system is not reformed to work efficiently, a Nordic carbon price floor could be introduced to secure future green investments in the region.
The EU commission wants to increase the number of charging stations, to convince consumers to switch to electric cars.
Germany and Austria have urged the US not to impose sanctions on Nord Stream 2, a Russian gas pipeline, in stark terms that spoke of ending joint action on Ukraine.
UPDATED: MEPs approved a new system to inform consumers about the energy efficiency of products. The most important change is abolishing the most recent change to a scale that goes up to A+++.

EU commission defends shifting money from research and energy baskets to defence fund, saying projects will not be delayed as a consequence.

Thirty one years after Chernobyl, Europe has a new nuclear problem on its hands, so why is Lithuania the only one raising the alarm?

The United States did not sign a joint statement at a G7 summit on energy because it did not want to include a reference to the Paris climate agreement.

Commission’s energy chief took swipe at competing Russian project, saying "North Stream ... adds nothing to security of supply".
Although car manufacturers are reaching their CO2 targets for their fleets, car usage has gone up in Germany, while the gap between lab results and actual fuel consumption has increased.
The majority of countries in the top-20 of the Global Energy Architecture Performance Index are members of the European Union, with Switzerland leading the list.
Tackling climate change is a more important goal than phasing out nuclear power, says Pekka Lundmark, president and CEO of energy company Fortum.
EU's largest member state emitted more CO2 last year than in 2015, but is still a "lighthouse" for the world due to its energy transition.
EU commissioner said energy laws should also apply to offshore parts of Russia's new gas pipeline, Nord Stream 2.
US civil servants want to convince Trump that there is a good business case for sticking to the Paris climate deal, an EU official said.
Gazprom's promises on EU fair pricing could end five-year old antitrust case despite difficult political climate.
The EU executive said that the controversial project cannot be financed solely on market conditions and needs state aid.
EU says yes, but sources in US department of energy cannot confirm that summits will continue.

Arguments put forward by Nord Stream 2's Brussels lobbyist in defence of the Russian-led project are not consistent and ignore some basic facts.

EU energy security is too important an issue for its main principles, such as diversification, to be empty slogans on paper.
The choice of Nord Stream 2's logistics hub in Sweden was driven by the award-winning green logistics concept of the first Nord Stream project, and not by any political motivations.
The European Commission should provide a thorough impact assessment of Nord Stream 2, a project that appears to go against all of its Energy Union objectives.

European Commission says the EU is well underway towards an Energy Union, but its State of the Energy Union report relies heavily on old data.

Climate change will facilitate access to new wealth in the north. The oceans can provide food for a hungry world, says Norwegian government.
The environment committee increased the ambition of the EU's flagship climate tool. MEPs call it a 'strong signal' after the global Paris deal.
Plans to rent harbour facilities to Russia's Nord Stream 2 pipeline project on the Swedish island of Gotland have split local political parties on strategic issues.

Deputy US envoy said Nord Stream was one of Russia's tools to “create division” in Europe, amid calls for the Commission to intervene.

Poland's state-owned gas firm PGNiG asks the EU court to cancel a decision that gives Russia a virtual monopoly on the Opal pipeline.
The Commission wants to focus on "vulnerable consumers" but concedes that there will be differences in needs across the bloc.
Energy Union commissioner Maros Sefcovic calls on member states to rally behind a bundle of proposals to increase energy efficiency that runs to more than 1,000 pages.