Search Results for: European Union

BY KEITH NUTHALL
FISHING catch quotas in European Union territorial waters are to be slashed again to reduce pressure on stocks, which Brussels says “are in a parlous state.” The European Commission proposed a reduction of the total allowable catch of haddock in the Irish Sea by 52%, sole in the North Sea by 25% and langoustines in the Bay of Biscay by between 45 and 50%.…

BY KEITH NUTHALL
THE EUROPEAN Union Council of Ministers (environment) have agreed in principle that sulphur-free petrol and diesel should be introduced in every Member State from January 1, 2005, making the use of cleaner petrol mandatory from January 1, 2009; ministers agreed that sulphur-free diesel fuel should also become mandatory from that date, although this will be confirmed by a Commission review which will be completed no later than December 31, 2005.…

From Alan Osborn
The fashionable term in setting up international energy projects these days is “flexible mechanisms” of which the best known is the trade in emission reductions, or carbon credits. The Framework Convention on Climate Change and the Kyoto Protocol, which guides implementation of the Convention, laid down emission reduction targets for industrialised countries but allowed flexibility to meet them through the purchase of emission credits from poorer countries.…

From Alan Osborn
The fashionable term in setting up international energy projects these days is “flexible mechanisms” of which the best known is the trade in emission reductions, or carbon credits. The Framework Convention on Climate Change and the Kyoto Protocol, which guides implementation of the Convention, laid down emission reduction targets for industrialised countries but allowed flexibility to meet them through the purchase of emission credits from poorer countries.…

BY ALAN OSBORN
ITALY and Spain are in breach of European Union competition regulations by refusing to allow the term “chocolate” to be used for products which contain other vegetable fats as well as cocoa butter, a judge at the European Court of Justice has said in a preliminary ruling.…

BY KEITH NUTHALL
THE EUROPEAN Investment Bank is lending Euro 58 million, (US$50 million), to Vega do Sul S.A., to build a cold-rolling and hot-dip galvanizing plant in São Fernando do Sul, in the state of Santa Catarina, in southern Brazil.…

BY ALAN OSBORN
THE FUTURE of the European Union’s ambitious Galileo project remains in the balance after heads of government, in their summit meeting in Belgium at the weekend, re-affirmed the “strategic importance” they attach to it. The summit called on ministers “to continue work with a view to taking a decision on the funding of the development phase by March 2002 and to decide on the regulation by June 2002.”…

Keith Nuthall
TIGHTER noise restrictions on commercial aircraft visiting European Union airports have been proposed by the European Commission; it has tabled a new directive that would allow the worst affected airports to ban aircraft that marginally comply with the existing Chapter 3 standard accepted by the International Civil Aviation Organisation, (ICAO).…

BY SWINEETHA DIAS WICKRAMANAYAKA
THE EUROPEAN Commission has fined eight companies a total of Euro 855.22 million for participating in secret market-sharing and price-fixing cartels affecting the production of vitamins including those sold to the confectionary industry to make nutrient enriched products.…

BY KEITH NUTHALL
THE EUROPEAN Commission’s plan to establish the satellite-based global positioning system Galileo has been dealt a heavy – and potentially fatal – blow by the EU Council of Ministers (transport), which has blocked finance for the crucial development stage of the programme.…