EU carbon closes 9 pct down on mkt fix nerves - News - Point Carbon

LONDON, April 9 (Reuters Point Carbon) - European carbon prices plunged by as much as 10 percent on Tuesday after a key MEP said the majority of Europe's biggest political party opposed an EU Commission plan to prop up carbon prices ahead of a crunch vote to be held next week.

Most MEPs in EU's biggest party oppose CO2 market fix: MEP - News - Point Carbon

LONDON/BRUSSELS, April 9 (Reuters Point Carbon) -The vast majority of the European People’s Party (EPP) – the EU’s biggest political group - are opposed to cutting temporarily the supply of carbon permits in Europe’s Emissions Trading Scheme (ETS), the EPP’s lead MEP on the issue said Tuesday, a week before the EU Parliament will vote on the measure.

EU scuppers Portugal plan to cash in unused CO2 permits - News - Point Carbon

BRUSSELS, April 9 (Reuters Point Carbon) – The European Commission has rejected Portugal’s request to raise badly-needed revenue through the sale of around 50 million euros ($65 million) worth of left over carbon permits, a government spokeswoman said late on Monday.

Killing Keystone Seen as Risking More Oil Spills by Rail - Bloomberg

A rejection of the Keystone XL pipeline by President Barack Obama would push more of Canada’s $73 billion oil exports onto trains, which register almost three times more spills than pipelines.

Britain wasted £250,000 on failed wind farm project in South Pacific - Telegraph

Britain wasted more than £250,000 in aid on a failed wind farm project for just 55 people in the South Pacific.