Emissions trading scheme
Critics warn carbon price proposal would exacerbate energy poverty
Energy poverty could be exacerbated ad prices rise under the European Commission's proposed revamped emissions trading scheme, the European Trade Union Confederation (ETUC) has warned, with other stakeholders raising similar misgivings.
Poland gears up for fight over EU climate cash
Poland wants more EU money to finance its green transition. But getting its hands on EU cash will require the government to put forward a credible roadmap for the country’s energy transition, which is currently lacking. EURACTIV’s media partner, Wysokie Napięcie, reports.
EU industry shuns carbon border levy, calls for export rebates
European industries covered by the EU's future carbon border adjustment mechanism (CBAM) have expressed doubts about the proposal, tabled last week. In addition to border measures, they are calling for an export rebate scheme to help green EU products compete on global markets.
EU ministers attack plans to extend carbon pricing to heating, transport
EU environment ministers expressed "quite a lot of reservations" about European Commission plans to set up a second emissions trading scheme for road transport and buildings at their first meeting since Brussels tabled the proposal last week.
Carbon market overhaul shifts EU’s climate policy focus on industry, fairness
With its proposed reform of the EU Emissions Trading Scheme (EU ETS), the European Commission is bringing carbon pricing policies to new areas such as shipping, road transport, and buildings. However, it is the fate of industry and ordinary people that is getting all the political attention.
Analyst: EU carbon price on track to reach €90 by 2030
High gas prices, combined with a recent decision to raise the EU’s climate goals for 2030, have combined to form a “perfect storm” on the EU carbon market, according to a market analyst who predicts a carbon price of €90...
LEAK: New EU fund aims to cushion social impact of climate policies
The European Commission will launch a social fund to help alleviate the societal costs of its climate legislation, particularly its plan to expand the emissions trading scheme (ETS) to buildings and road transport, according to a leaked draft seen by EURACTV.
EU climate targets are undermined by ETS subsidies. They must end
Some industry groups have called to maintain free CO2 allowances in addition to the upcoming carbon border levy. Their addiction to subsidies must be brought to an end, otherwise Europe risks triggering a trade war that would also undermine the EU's climate leadership, write Connie Hedegaard and Pascal Lamy.
A carbon price on buildings and transport could come at a heavy cost
Plans to extend the EU's carbon market to transport and heating fuels will have the greatest impact on the poorest households, writes Piotr Arak.
Europe’s ‘Fit for 55’ climate package: What to expect
On Wednesday (14 July), the European Commission is due to table a package of energy and climate laws aimed at reaching the EU's new, more ambitious climate goals. EURACTIV gives you the lowdown on the plan.
How to make a success of the EU carbon border adjustment
The EU has clearly fallen short in communicating its upcoming carbon border levy abroad, including on how it intends to use the revenues raised by it. Fortunately, it still has time to fix these shortcomings, write Anne Gläser and Oldag Caspar.
ETS extension: when in doubt, create a fund
Geeky, technical work on how to create a carbon price for buildings and road transport that incentivises change without being too high is key to the extension of the emissions trading scheme, writes Brook Riley.
LEAKED: The EU’s carbon market reform proposal
A draft of the EU’s revised Emissions Trading Scheme confirms the European Commission’s intention to tighten the cap placed on CO2 emissions from industry and extend carbon trading to cover shipping emissions as well as road transport and heating fuels.
EU drafts plan to toughen carbon market
The European Union is planning to toughen its carbon market to cut emissions faster and put a price on pollution in new sectors, Bloomberg News reported on Sunday (27 June).
Why a carbon tax is the most effective price signal for the building sector
A carbon tax on the fuel used to heat Europe's buildings is the most effective price signal to decarbonise Europe's building stock, which is in desperate need of renovation to meet the EU's climate ambition, writes Oliver Rapf.
An ETS for transport and buildings is essential
An EU-wide emissions trading system for the transport and building sectors would secure the financing of low carbon solutions and support lower-income households and member states through the redistribution of carbon pricing revenues, argue Matthias Buck and Andreas Graf.
Fit and fair: The case for a European fund for targeted renovation
The European Commission's commitment to create a "climate social fund" is very welcome but its design will be crucial if it is going to have an impact on building renovation, write Louise Sunderland and Samuel Thomas.
EU plans ‘climate action social fund’ to shield citizens from rising carbon prices
The European Commission will set up a fund to support vulnerable households if their fuel bills increase as a result of its plan to expand carbon pricing to transport and buildings' heating systems, the EU's climate chief said on Wednesday (9 June).
LEAK: Germany backs carbon pricing extension in EU climate policy overhaul
The German government is backing an extension of European Union carbon pricing and an end to free carbon permits for airlines as the bloc prepares new measures to help meet climate change targets, according to a document obtained by EURACTIV.
Is anyone able to control the carbon price?
Carbon prices on the EU emissions trading scheme are currently rising too fast, making the market extremely volatile, but it seems the European Commission has no effective stabilising tool to tackle this, writes Robert Jeszke and Sebastian Lizak.
LEAK: EU’s carbon border tariff to target steel, cement, power
The European Union plans to impose carbon emission costs on imports of goods, including steel, cement and electricity, according to leaked documents obtained by EURACTIV.
Von der Leyen’s ETS extension to buildings and transport would do more harm than good
As European leaders meet today to discuss the share of emissions reductions across Europe, they must focus on how to do this effectively and avoid the possible repercussions of expanding the emissions trading scheme, writes Marcin Korolec.
LEAK: EU set to maintain national CO2 targets for non-ETS sectors
EU countries are likely to reaffirm national emissions goals for sectors like buildings, transport, and agriculture, when EU leaders meet for a summit scheduled on 24-25 May.