Global warming is a false myth and every serious person and scientist says so. It is not fair to refer to the U.N. panel. IPCC is not a scientific institution: it's a political body, a sort of non-government organization of green flavor. It's neither a forum of neutral scientists nor a balanced group of scientists. These people are politicized scientists who arrive there with a one-sided opinion and a one-sided assignment. Also, it's an undignified slapstick that people don't wait for the full report in May 2007 but instead respond, in such a serious way, to the summary for policymakers where all the "but's" are scratched, removed, and replaced by oversimplified theses. This is clearly such an incredible failure of so many people, from journalists to politicians. If the European Commission is instantly going to buy such a trick, we have another very good reason to think that the countries themselves, not the Commission, should be deciding about similar issues.

The European Commission has set out a comprehensive package of measures to establish a new Energy Policy for Europe to combat climate change and boost energy security. A ten-point action plan sets out a series of ambitious targets on greenhouse gas emissions and renewable energy, along with proposals to create a more competitive energy market across the economic bloc, and includes a report on the implementation by the Member States of the internal market for gas and electricity as well as the results of an enquiry of the state of competition; a plan of for priority interconnections to create a European grid; proposals to promote sustainable power generation from fossil fuels; a roadmap and other initiatives to promote renewables, and; an analysis of the situation of nuclear energy in Europe. Based on the three central pillars of: a true internal energy market; accelerating the shift to low carbon energy; and energy efficiency, the mainstay of the new policy is a core objective for Europe to reduce greenhouse gas emissions by 20% by 2020 with the aim to increase this target to a 30% reduction by 2020 and 60-80% by 2050.

The European Union should cut its emissions of greenhouse gases by at least 20 percent by 2020 from 1990 levels as part of a new energy policy to fight climate change, the EU’s executive Commission said on Wednesday. The Commission called on developed nations around the world to cut emissions of gases blamed for global warming by 30 percent by 2020, saying the EU would go beyond its unilateral target if others followed suit.

A U.N. conference working to fix long-term rules to fight global warming beyond 2012 "as soon as possible" was split on Tuesday over whether that meant an accord should be struck in 2008, 2009 or even 2010. Industrial investors, weighing options ranging from coal-fired power plants to wind energy, are frustrated at the possibility of years of uncertainty about rules for fossil fuel emissions upon which carbon markets depend.

FINANCIAL TIMES: There has been some recent legislation on Co2 reduction. I wonder if you see that as one of the big developments of late, and what its significance is.

JEFFREY IMMELT: Yes. I think if you look at what some of the states are doing, California for instance, or even what's happening around the world, what's talked about in the UK, I think that's going to change the way people look at technology and it's going to change the way people look at energy policy in the future. It tends to be the way change starts. I would say in many ways some of the things that have happened in Europe over time have tended to drive technology. For instance, when Europe said it was going to have 10 per cent renewables that's what really opened up the world of wind energy and solar and things like that, so I think it's very meaningful.

European and Asian companies are paying more attention to global warming than their American counterparts. And chemical companies are more focused on the issue than oil companies.

TULSA, Okla., Jan 31, 2006 -- BUSINESS WIRE Syntroleum Corporation (Nasdaq:SYNM) and Sustec AG, a private company based in Basel, Switzerland, announced today ....a joint venture aimed at converting coal and other carbonaceous materials such as petroleum-coke, residual fuel oil and biomass into ultra-clean fuels.

TALLINN - Wind power has fallen out of Estonia’s favor in recent months, with the Economy Ministry deciding to limit support to wind-power producers and Parliament adopting amendments to the energy law that will give preference to other forms of renewable energy. Einari Kisel, head of the Ministry of Economy and Communications’ energy department, puts it bluntly: “We do not want to have too many wind mills,” he says. “The price of wind energy is expensive. The unstable production causes additional costs to other producers.”