Czechs slam EU plan to reopen emissions market: report

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Coal will nearly overtake oil as the dominant energy source by 2017, and only a drop in world gas prices could curb the use of the dirtier fossil fuel in the absence of high carbon prices, the International Energy Agency said. The IEA, the energy agency for developed countries, said earlier this year that without a major shift away from coal, average global temperatures could rise by 6 degrees Celsius by 2050, leading to devastating climate change.

The last real chance for Euroskeptics to defeat the Lisbon Treaty would be for Czech President Vaclav Klaus to refuse to sign the thing. In theory, a lone holdout can sink the treaty. In practice, the Czech Republic can’t hold off all the pressure from the rest of Europe. But all the Czechs would really need to do is delay signing the thing until the UK’s general election, at which point David Cameron’s Conservative Party will almost certainly come in.

In a new working paper, David Austin argues that for a variety of reasons, private agents do not optimize with respect to energy efficiency measures. From Addressing Market Barriers to Energy Efficiency in Buildings: ...

The coffin of former Czech President Vaclav Havel went on display in St. Anna's Church in central Prague Monday for people to pay their respects, the Czech News Agency reported.