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Eurobrief February 2011

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EDITORIAL Energy intensive industries: Why setting CO2 targets to 2050 is unrealistic February 2011 - European industry is open to participate in developing visions towards 2050, an aspirational exercise - rather than setting strict targets - which industry recognises as being both challenging and inspiring.
EDITORIAL How the petcoke market functions - Petroleum coke used as a combustible in cement kilns February 2011 - Most industries operate with fixed prices for their input materials, for periods of at least 3–6 months ahead, with prices set either by contracts or by the hedging of future prices. However, the situation is different in terms of petcoke purchasing by the European cement industry.
EDITORIAL CEMBUREAU quarterly economic report, 4th quarter and full year 2010: EU construction and cement activity still to catch path of EU economic recovery February 2011 - After some positive results recorded during several months in 2010, EU construction and cement activities declined on both a quarterly and yearly level, despite signs of an overall EU economic recovery.
EU EMISSIONS TRADING SCHEME Stakeholders back plan on early ETS auctions A stakeholder consultation on the early auction of CO2 allowances (EUAs) has revealed broad support for the Commission’s proposals, which state that between 100 and 300 million EUAs should be auctioned before 2013.
EU EMISSIONS TRADING SCHEME Commission to launch public consultation on enhancing carbon market oversight The European Commission plans to launch a public consultation on enhanced carbon market oversight in order to take into account the views of stakeholders and the public on enhancing oversight of the carbon market to avoid market manipulation.
EU EMISSIONS TRADING SCHEME Spain's EU ETS registry latest to resume operations The national emissions registry of Spain has resumed normal operations following the completion by the European Commission of its review of the adequacy of the Spanish national registry’s security measures.
EU EMISSIONS TRADING SCHEME Hearing on 'options to move beyond 20% greenhouse gas emission reductions' Parliament’s Environment Committee held a hearing on 'Analysis of options to move beyond 20% greenhouse gas emission reductions and assessing the risk of carbon leakage' at its meeting on February 28th.
ENVIRONMENT Commission issues communication on raw materials On 2 February, the European Commission issued a communication entitled ‘Tackling the challenges in commodity markets and raw materials’.
ENVIRONMENT Council conclusions on the EU's energy strategy for 2020 published The European Council has adopted conclusions on energy that state the need to create a safe, secure, sustainable and affordable energy policy contributing to European competitiveness in the future.
BUILDINGS & BUILDING MATERIALS Construction products Directive adopted by Council The Council adopted the Commission’s proposal on the placing on the market and sale of construction products without debate at a Council meeting held on 28 February 2011.
WASTE Guidance on formula for calculating energy efficiency bring drawn up The Commission and Member States are finalising a commission guidance document on the interpretation of the so-called r1 formula.
OTHER NEWS Health & Safety - Commission adopts proposal for review of Seveso II Directive On 21 December 2010, the European Commission adopted a proposal for the review of the Seveso II Directive, the EU legislation on the control of major-accident hazards involving dangerous substances.
OTHER NEWS Join us to learn more about the importance of mineral raw materials! The next edition of the biennial European Minerals Day, organised by the industrial minerals, aggregates and cement sectors, will be held during the weekend of 13-15 May 2011.