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Germany's Merkel calls global emission trading system

2015-05-16 17:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: German Chancellor Angela Merkel called on Saturday for the European Union's Emissions Trading System (ETS), the bloc's flagship policy to cut greenhouse gas emissions, to become a global system. Thousands of power plants, factories and airlines in Europe have to surrender an allowance for every tonne of heat-trapping gas emitted. However, a surplus of allowances has depressed their price on the ETS and has made it cheaper to burn coal than to switch to greener fuels. "This instrument would...

Tags: system global trading calls

 

Greek 'compromise' possible - Merkel

2015-02-12 19:51:03| BBC News | Business | UK Edition

Germany's Chancellor Merkel says a compromise is possible, amid a stand-off with Greece over the terms of its bailout.

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Merkel rules out Greek debt relief

2015-01-31 11:22:13| BBC News | Business | UK Edition

German Chancellor Angela Merkel rejects any cancellation of Greece's debt, saying banks and creditors have already made substantial cuts.

Tags: rules debt relief greek

 

UK downplays Merkel 'exit warning'

2014-11-03 13:24:52| BBC News | Business | UK Edition

The UK will pursue its "national interest" by seeking immigration changes despite German warnings about its future in the EU, George Osborne says.

Tags: warning exit merkel downplays

 

Merkel 'would accept UK exit from EU'

2014-11-02 22:34:27| BBC News | Business | UK Edition

Chancellor Angela Merkel would accept the UK's exit from the EU if David Cameron insists on migration curbs, German press reports say.

Tags: accept exit merkel

 

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