Globalization, Russia and Bali climate conference


The economic and social aspects of globalization and how it will affect people in the European Union was debated last Wednesday, according to an article published in the official website of the European Parliament.

The day also reported on the problem of soil erosion in Europe and relations with Russia adopted in separate votes. Ahead of the December Bali conference on climate change, MEPs questioned the Council and Commission and stressed the need to succeed in negotiating a post-2012 framework on climate change.

The challenges and possibilities that globalization present was the subject of a debate between MEPs and representatives of the Council and Commission. It comes ahead of the Bali conference where international action to build a post Kyoto future will begin. European Energy Commissioner Stavros Dimas stated that the EU must set the tone and play a pioneering role; it has already begun doing so by way of proposals for revision of the Emissions Trading Scheme (ETS), capping CO2 emissions from cars and using renewables'.

Moreover, MEPs adopted a resolution on relations with Russia that notes concern about human rights, democracy and freedom of expression in the country. It came following the EU-Russia Summit in October. Other areas of concern voiced in the resolution include freedom of expression and the rights of civil society and individuals to challenge the authorities. (Read more)


POPIHN Raises Forecast for Fuel Consumption Energy Trade

POPIHN Raises Forecast for Fuel Consumption

Hungarian Lawmakers Ratify Finland's NATO Accession Parliament

Hungarian Lawmakers Ratify Finland's NATO Accession

Nolato Partners With Happy at Work HR

Nolato Partners With Happy at Work

Sümeg Castle Reopens History

Sümeg Castle Reopens


Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.