The European Commission, the Parliament and Council of Member States agreed on the text of the Energy Efficiency Directive early on Thursday (June 14, 2012). Specifically EU negotiators managed to set out binding measures to improve energy savings in all end use sectors by 1.5 percent per year in the period 2014-2020, allowing a limited exemption for industries covered by the ETS. In addition, the agreed text includes the possibility to launch an intergovernmental carbon market for the public buildings sector.

The full story is reported in Climate Policy News (CPN), the weekly column edited by Marinella Davide and Valeria Barbi.

Read other stories published on the latest issue of CPN:

• Slovakia’s court suspends tax on carbon permits
• Japan approves feed in tariffs
• Brazil to take small steps toward emissions reduction
• News from the Carbon Market

Download the full version of the last issue of CPN

Image Credits: CC by London Permaculture at Flickr