NEWS ROUND-UP
Environmental regulation essential
for economic recovery, says report
E
nvironmental
regulation is essential
for the economic recovery and
uK competitiveness, claims
a coalition of companies and
environmental groups in a report
BWEA raises launched at the beginning of
issues over
December. Far from presenting
a crisis for environmental policy
Marine Bill
making, the challenges posed by
the credit, resource and energy
B
Wea, uK’S wind, wave crunches reinforce the urgent
and tidal association, need to accelerate the transition to
welcomed the inclusion of the a low-carbon, resource efficient it said the new parliamentary similar way to the risk exposures
marine and Coastal access economy, and align economic, session is an opportunity for and subsequent heavy losses
Bill into the Queen’s Speech environmental and societal the government to steer the uK incurred in the banking sector
at the beginning of December, benefits, says the report. economy towards recovery onto during the 2008 credit crunch.
but cautioned that renewable Green Foundations 2009, a more sustainable path, both in response to the upward
energy interests must be published by the aldersgate financially and environmentally. trend in energy, water, raw
protected in final legislation. group, argues that a rapid among other things, the material costs, addressing

according to the BWea, transition to a greener economy, coalition argues that the environmental performance
the Bill promises greater far from having been natural capital assets that lay is one of the most cost-
confidence and economic marginalised by the financial the foundations for the uK’s effective measures businesses
benefits for marine developers crisis, is more essential than ever economy and society should not can undertake to boost
through simplification of for the uK’s future prosperity. be off-balance sheet items in a competitivenes, said the report.
the legislative framework
and should help balance the
Europe's first carbon allowance
interest of all the users of the
marine environment.
the BWea raised four auction in Phase II of the ETS is held
issues: the timetable of the
Bill must be complementary
T
he government installations throughout the eu, change. the eu etS is central
with the round 3 offshore held Europe’s first carbon including the energy and heavy to keeping the price of tackling
wind energy delivery process; allowance auction in Phase industrial sectors. these sectors climate change as low as
the marine management ii (2008 - 2012) of the eu are collectively responsible possible to industry and the
organisation (mmo) must emissions trading Scheme (eu for close to half of the eu’s economy."
be fit for the purpose: etS) at the end of november. emissions of carbon dioxide. the treasury has appointed
well resourced and with Four million allowances were energy and climate change the Department of energy and
sustainable development sold at a total value of £54m minister of state, mike o’Brien, Climate Change (DeCC) to
clearly defined within excluding vat, or £13.60 said: “The first Phase II auction conduct the auctions and DeCC
its remit; marine policy per allowance, euro/Sterling demonstrates continued uK in turn has appointed the uK
statements must explicitly exchange rate 0.8428. leadership in reducing carbon Debt Management Office (DMO)
include renewable energy the eu etS puts a cap on emissions as part of the fight to act as the official agent
targets and the new network emissions from around 12,000 against dangerous climate running eu etS auctions.
of marine conservation
zones should be designated
More North Sea oil and gas licences on offer
by the new mmo, as is
proposed in the legislation
being considered in M
ore liCenCeS than (DeCC's) 25th offshore oil and gas resources in the north Sea.
ever before are being gas licensing round, 171 new While we work to develop low
Scotland. the designation offered to companies to extract licences are being offered to 100 carbon sources of energy, oil
process must consider the oil and gas from the north Sea, companies. and gas will continue to be an
impact on all future use in energy minister mike o’Brien o’Brien said: “We are now important source of energy. and
terms of renewable energy announced in november. seeing record interest from that’s why our ambition is to
developments, added BWea. as part of the Department of companies wishing to exploit squeeze as much oil and gas out
energy and Climate Change’s the uK’s considerable oil and of the north Sea as is possible."
 SuStainable SolutionS December/January 2009
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