Energy News Digest – 04/05/16
Energy 4 May 2016Once a week, NEU offers a selection of relevant news on issues related to Energy.
Why the EU Care About Illegal Logging in Indonesia?
By NEU – Newsletter for the European Union
The first ever Forest Law Enforcement, Governance and Trade (FLEGT) licensing scheme on legally produced tropical timber almost ready to begin between EU and Indonesia. “Today’s announcement is a signal to markets that it is possible to promote sustainable forest management by buying verified legally produced timber,” said Karmenu Vella, European Commissioner for Environment, Maritime Affairs and Fisheries.
Read more here.
The Last Great Frontier For Cheap Oil And Gas?
By Michael McDonald of Oilprice.com
As oil prices continue their slow rebound on optimism around an eventual rebalancing of the market, there is a lot of talk among commentators about the lack of new development and the eventual resulting shortage of oil that will occur. Most regions of the world have seen E&P work fall off a cliff.
Read more here.
Plastic Should Be Considered Toxic Once It Gets Into The Environment, MPs Told
By Ian Johston of the Independent
Plastic should be considered “toxic” if it gets into the natural environment because of its ability to attract poisonous chemicals “like a magnet”, according to Plastic Oceans Foundation. The international campaign group also warned that tiny pieces of plastic laden with chemicals were finding their way through the gut into the flesh of seafood and, from there, into the human food chain.
Read more here.
EU Energy-related Carbon Emissions Creep Up in 2015
By Madeleine Cuff of Business Green
Energy-related carbon dioxide emissions in the European Union crept up 0.7 per cent compared to a year earlier, threatening the bloc’s reputation as a leader in climate mitigation and clean energy investment. According to official estimates, overall emissions from fossil fuel combustion increased by 0.7 per cent in 2015, based on early estimates of CO2 emissions from energy use.
Read more here.
Ex-Mexican Foreign Minister Espinosa Nominated as UN Climate Chief
By Reuters
Former Mexican Foreign Minister Patricia Espinosa has been nominated to be the new U.N. climate chief, helping to bolster a 2015 Paris Agreement to shift the world economy from fossil fuels, officials said on Tuesday.
Read more here.