Space Industry and Business News  
THE PITS
Coal subsidised with 10bn euros a year in EU: study
by Staff Writers
Berlin (AFP) Nov 13, 2015


EU states are subsidising climate-harming coal to the tune of 10 billion euros ($10.7 billion) a year, according to a German study due to be released next week.

In Germany alone, the coal sector receives 3.7 billion euros of public money annually, according to the study by think tank the Heinrich Boell Foundation and environmental group Friends of the Earth, which gave excerpts to AFP.

The two groups calculated that between 1990 and 2007, some 200 billion euros in state subsidies had fuelled the EU coal sector, distorting the energy market, according to the study due to be officially released next week in Brussels.

Ahead of the COP21 climate summit in Paris, the organisations called on European governments to stop supporting the highly polluting fossil fuel.

In Germany, which is shuttering its nuclear plants while boosting renewables such as wind and solar, the coal industry still accounts for over 40 percent of national electricity output.

Some EU countries, including Poland, are clinging to their coal sectors, even as others are trying to phase it out as the bloc seeks to slash carbon emissions by 40 percent by 2020 from 1990 levels.

Last June Norway's 800-billion-euro sovereign fund decided to stop its investments in coal.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
Surviving the Pits






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
THE PITS
Few bright spots for U.S. coal
New York (UPI) Nov 10, 2015
The coal industry in the United States faces more prospects of decline because of strains on export options and green agendas, Fitch Ratings finds. Fitch said there's been a "wave of bankruptcies" in the United States, with at least three major producers announcing major defaults this year. New York City is leading a national trend in divestments from coal, with pension fund mana ... read more


THE PITS
Electron microscopy method sculpts 3-D structures at atomic level

BU Satellite Team Gets Big Boost from NASA

System helps novices design 3-D-printable robotic creatures

Queen's University professor to unveil self-levitating displays

THE PITS
Harris Corporation Wins $40 Million Air Force Satellite Control Network Contract Extension

Commercialization is coming to WGS

DARPA's RadioMap Program Enters Third Phase

Raytheon producing FAB-T terminals for Air Force

THE PITS
LISA Pathfinder topped off for Vega launch that will test Relativity

Ariane 5 lofts dual birds

Rocket launch from Hawaii carrying UH payload experiences anomaly

Commercial Spaceflight Gets A Boost With Latest Congressional Moves

THE PITS
LockMart advances threat protection on USAF GPS Control Segment

Orbital ATK products enable improved global positioning on Earth

Galileo pair preparing for December launch

GPS IIF satellite successfully launched from Cape Canaveral

THE PITS
U.S. Army orders additional Lakota helicopters

Air Force tests F-35A electronic systems in special chamber

Danish firm to produce aluminum parts for F-35

Rockwell Collins to supply another system for KC-390 aircraft

THE PITS
Scientists design a full-scale architecture for a quantum computer in silicon

Engineers reveal record-setting flexible phototransistor

Electrochemical etching down to one-monolayer towards high-Tc superconductivity

A new slant on semiconductor characterization

THE PITS
RapidScat Celebrates One-Year Anniversary

Excitement Grows as NASA Carbon Sleuth Begins Year Two

NASA to fly, sail north to study plankton-climate change connection

Curtiss-Wright and Harris bring digital map solutions to rugged systems

THE PITS
China smog hits 'record' levels

Rural migration has negative effects on Chinese cities

Greenpeace says India operating licence cancelled

India's choked capital fails to collect new 'pollution toll'









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.