Emissions trading scheme

Carbon pricing dropped from new Franco-German treaty

France and Germany will cement their historic post-war reconciliation with the signing of a new Elysée treaty on Tuesday (22 January). But the draft text, seen by EURACTIV, no longer mentions carbon pricing among new bilateral initiatives.

EU temporarily suspends UK carbon permit processes ahead of Brexit

The European Commission said on Thursday (20 November) it has temporarily suspended emissions trading system processes related to Britain as from 1 January next year until there is clarity on the terms of the country's departure from the EU.

CO2 emissions rising again after three years of decline

It is increasingly unlikely that the global rise in temperature will be limited to 1.5°C. The current trajectory, if maintained, would lead to the planet warming by 3.2°C in 2100, according to a new UN report. EURACTIV France reports.

Energy companies issue joint call for EU carbon price floor

A group of sixteen European energy companies including France’s EDF, Germany’s E.ON, and Denmark’s Ørsted, have proposed introducing a carbon price floor at European or regional level, as a way to the speed up the transition to a low-carbon economy.

Metals: Friend or foe of the green economy?

The green economy usually brings to mind traditional renewable materials such as wood, biomass, water and earth. Less likely poster children are the big metals that have formed the backbone of the industrial revolution – steel, copper, iron, tin and aluminium.

Parliament rubber-stamps Europe’s 2030 clean energy laws

The European Parliament voted on Tuesday (13 November) a set of three clean energy laws for 2030, including binding targets for renewable energies, an indicative objective on energy savings and a separate text on the governance of the Energy Union.

European oil majors better prepared for energy transition than US, Chinese counterparts

Oil majors are “lagging” when it comes to preparing for the low-carbon energy transition, according to a new report from financial watchdog CDP, which nonetheless praised BP, Eni, Equinor, Total, Repsol and Shell for taking the industry’s lead.

An EU anti-smog fund for Poland

Poland has some of the worst air quality in the EU. But fighting smog is expensive. The Modernisation Fund set up as part of the Emissions Trading Scheme could help here, writes Joanna Maćkowiak-Pandera.

The good, the bad and the ugly: The IPCC special report on global warming of 1.5°C

The latest report from the Intergovernmental Panel on Climate Change (IPCC) shows keeping global warming below 1.5°C is necessary, feasible and beneficial. Rich countries must now commit to ensure their economies reach net zero emissions before 2050, writes Nick Mabey.

‘Most important years in history’: Major UN report sounds last-minute climate alarm

Warming beyond 1.5C will unleash a frightening set of consequences and only a global transformation, beginning now, will avoid it, according to the latest report from scientists at the Intergovernmental Panel on Climate Change (IPCC). EURACTIV's media partner Climate Home News reports.

EU admits ‘mistake’ in state aid decision for German coal plants

The EU’s decisions to approve state support for emergency power plants in France, Germany, Poland, Italy and Greece will all have to be revisited in light of the ongoing reform of electricity market rules, the European Commission said on Tuesday (4 September), saying it won’t make an exception for Germany.

EU carbon prices expected to rise quickly and accelerate energy transition

EU carbon prices could average €35-40 per tonne over 2019-2023, accelerating the switch from coal to gas and questioning the rationale for keeping old coal and lignite power plants running beyond 2021, said a new report by Carbon Tracker released on Tuesday (21 August).

Poland’s anti-emissions trading bid struck down by EU court

Poland’s bid to scupper the EU’s recently-updated Emissions Trading Scheme (ETS) was thrown out by the bloc’s highest court, which ruled on Thursday (21 June) that the advantages of the new system far outweigh the disadvantages.

Dutch government appeals against court ruling over emissions cuts

The Dutch government has launched a bid to overturn a landmark climate ruling, arguing that judges in The Hague “sidelined democracy” when they ordered a 25% cut in carbon emissions by 2020. EURACTIV's partner The Guardian reports.

Clean energy growth is outpacing climate targets

This week's Clean Energy Ministerial must send clear signal on the role renewables can play in raising climate action targets, writes Jennifer Morgan.

Seven EU countries call for stronger climate action in Europe

The ecology and environment ministers of seven European countries met in Paris on 25 April and called for a more ambitious climate strategy for the EU. EURACTIV.fr reports.

Carbon prices seen hitting €55 in 2030, hastening ‘major’ coal-to-gas switch

EU carbon prices are set to double by 2021 and could quadruple to €55 a tonne by 2030 if the European Union aligns its emissions targets with the Paris Agreement on climate change, according to a new report published on Thursday (26 April).

Ministers highlight European divide over carbon price floor

While France is pushing for the implementation of a carbon price floor at EU level and is looking for allies in the bloc, Poland sees energy storage technologies as key to a successful European climate policy.

Finland confirms coal exit ahead of schedule in 2029

Finland’s environment minister said on Tuesday (10 April) his country will ban the use of coal in energy generation in 2029. The Finnish government is also looking into a large-scale subsidy scheme that will reward energy firms for ditching the fossil fuel ahead of time.

UN draft calls on international shipping to halve greenhouse gas emissions by 2050

A working group of the UN's International Maritime Organisation (IMO) released an interim strategy on 6 April, which calls on international shipping to reduce total annual greenhouse gas emissions from 2008 levels by at least 50% by 2050.

EU’s energy intensive industries paid to pollute, says NGO

Instead of pursuing real decarbonisation plans, energy-intensive industry in the EU has managed to turn pollution into profit, Climate Action Network Europe said in a study published 9 April.

‘Invisible’ cement polluters urged to double climate efforts

European producers were singled out among the worst performers in a new environmental ranking of the world’s largest publicly-listed cement companies, published on Monday (9 April).

EU carbon market emissions rise for first time in 7 years in 2017

Emissions regulated under Europe's carbon market rose for the first time in seven years in 2017 due to stronger industrial output, data published on Tuesday (3 April) by the European Commission and examined by carbon analysts showed.

New climate strategy will set out a pathway to meet higher targets

Last week, EU leaders sent a clear message to the European Commission to ramp up its work to implement the Paris Agreement and accelerate the ongoing transition away from fossil fuels, writes Wendel Trio.