A new proposal from Latvia, holder of the EU Presidency, puts forward a date of 1 January 2019 to start reforms of the Emissions Trading System (ETS), according to EU sources, as part of efforts to seal a compromise deal.
The European Parliament’s environment committee will decide on Tuesday (24 February) whether it wants the reformed Emissions Trading Scheme to start applying at the end of 2018 or earlier. A blocking minority of EU member states are pushing for an early start date. EurActiv Czech Republic reports .
On Thursday (22 January) a European Parliament committee, rejected a previous vote to begin carbon market reforms in 2021, clearing the way for another Parliament body next month to back action to prop up the EU Emissions Trading System (ETS).
The reduction in oil prices should be a good opportunity for Europe to put in place the appropriate tools for combating climate change, and to start the transition to a sustainable economy, writes Alberto Majocchi.
2014 marks the centenary of the commercial aviation industry. Over the past 100 years, aviation has played a major role in facilitating movement of both people and goods and driving innovation, supporting economic growth in most parts of the world
EXCLUSIVE: EU legislation to ensure gender equality on company boards, to extend maternity leave, and to reduce air pollution and landfill should be killed off, a leading business lobby organisation has told the European Commission.
EXCLUSIVE / Four Fortune 500 companies have written to the UK’s energy minister, Ed Davey, calling for the rapid cancellation of two billion carbon allowances as EU energy and environment ministers begin two days of high-stakes policy talks in Brussels.
Europe’s depressed carbon markets are to be given an automatic ‘market reserve’ facility allowing at least 100 million carbon allowances – or 12% of the market – to be withheld or released to buoy prices, according to a document set for release on 22 January.
Tightening a Commission proposal to reduce shipping emissions would bring greater CO 2 cuts as well as lowering operational costs for shipowners by up to €9 million a year, according to a new study published today (9 January).
As the European Commission is working to revive the EU's ailing Emissions Trading System (ETS), big energy companies say that making the system more flexible should be the first priority. EurActiv Czech Republic reports.
To make the energy market regulation work, major corporations want a single binding and ambitious goal set to reduce CO 2 emissions by 2030, to save the system of trading in emission allowances, and a more reasonable policy and support for renewables, says Ivo Hlaváč of ČEZ.
EU diplomats today (8 November) agreed to begin talks on a legal text to slash permit supply and prop up carbon prices in the bloc's Emissions Trading Scheme (ETS), marking a big step forward for the divisive proposal.
A patched-up plan to shock Europe’s zombie carbon markets back to life will pass a plenary vote at the European Parliament on Wednesday (3 July), but this will only "buy time" for more fundamental reform, says the chairman of the Parliament’s environment committee.
A proposal agreed to this week by major airlines could rescue UN efforts for a deal to cut greenhouse gas emissions in the aviation sector, but the industry still needs to lean on governments for the plan to move ahead to prevent the EU from imposing its emissions scheme on the industry, observers said.
The roughly 58% of the EU's greenhouse gas emissions not covered by its Emissions Trading System falls under the bloc's Effort Sharing Decision (ESD). If this were stepped up, it could become a powerful tool to drive emissions reductions, writes David Holyoake.
A noted climatologist and recently-retired NASA research chief has entered the EU’s energy policy debate, with a warning that any re-industrialisation strategy which increases fossil fuels use can only be short-term, irrational and economically wasteful.
The powerful employers’ group BusinessEurope has called on European Commission President José Manuel Barroso to radically shift the EU's energy policy away from climate change mitigation towards cost-competitiveness and security of supply.