Emissions trading scheme

UK carbon trading scheme leaves many questions unanswered

12-01-2021

As the UK takes its first steps away from the EU, there are still plenty of open questions about how it will align with Europe on climate policy, and in particular, with the EU's flagship emissions trading scheme (ETS).

Climate change 11-01-2021

Positive ‘tipping points’ provide fresh hope for climate, study says

Positive “tipping points” in the uptake of electric vehicles and the decarbonisation of electricity generation could spark a global transition to a climate neutral economy, scientists say, providing fresh hope in the fight against global warming.
06-01-2021

China to launch carbon emissions trading scheme next month

China's delayed carbon trading system will start operating in February, the environment ministry has said, as the world's biggest polluter takes steps towards decarbonising its economy by 2060.
06-01-2021

EU price on pollution hits record high in early 2021

The price of permits on the European Union carbon market has soared to record levels in the first trading days of the year, hiking costs for polluters as the EU prepares measures to enforce deeper emissions cuts.
Shipping 14-12-2020

Ship ‘coffee breaks’ not enough to avoid EU carbon charges

The European Union is on course to extend its emission trading scheme to shipping but is yet to decide which voyages should actually be included. New analysis insists that shippers should not try to game the system, as the potential savings on offer are negligible.
Climate change 10-12-2020

Worldwide coalition for carbon pricing is needed

Two-thirds of Paris Agreement signatories are using or considering carbon pricing schemes to achieve their emission reduction targets. The EU, China, and the USA should lead a worldwide “carbon pricing coalition” for the period 2030-2050, argue Jyrki Katainen and Karl-Henrik Sundström.
Future of mobility 09-12-2020

European transport’s green drive on the starting line

The European Commission launched on Wednesday (9 December) its vision for how to clean up transport’s emissions act, as part of a four year action plan designed to help the bloc hit its 2050 climate-neutrality target.

Europe can hit climate neutrality goal at net-zero cost: report

Although cutting emissions to net-zero by 2050 will destroy jobs and push up the costs of doing business in some sectors, it will bring gains elsewhere that will make up for the difference, according to a new study by McKinsey & company.
Energy 04-12-2020

On carbon pricing, policymakers are now thinking beyond emissions trading

Changes taking place in the UK and US could force a rethink of the EU’s flagship climate policy, the Emissions Trading Scheme.

Biggest challenge in energy transition is social justice, EU official says

While legitimate worries are being expressed about funding for low-carbon technologies to meet EU climate goals, the biggest challenge will be to manage the energy transition in a way that does not deepen social inequalities, a senior EU official has said.
Energy 30-11-2020

Europe on track to smash its 2020 climate goal, EEA says

Greenhouse gas emissions in the European Union dropped by 3.7% last year, bringing the bloc on track to smash its 2020 emission goals by 4 percentage points, according to the European Environment Agency.

Warsaw says ‘further analysis needed’ before EU’s 2030 climate target can be agreed

Further analysis into the impact of tougher climate goals on EU member states is needed before Poland can sign up to the European Commission’s proposed 55% greenhouse gas reduction target for 2030, a senior Polish minister has said.
Circular economy 19-11-2020

Waste incineration across Europe and the UK: profit at the expense of climate

The EU and the UK must bring waste incineration plants within the scope of emissions trading schemes (ETS) if they are to achieve net zero-emissions and comply with the Paris Agreement, writes Georgia Elliott-Smith.

EU urged to strengthen ETS to reach 2030 climate goals

A strengthened emissions trading scheme (ETS) will be vital to drive further CO2 reductions in the European Union as the bloc discusses an increase of its 2030 climate target, policymakers say.
Energy 05-11-2020

Emissions from energy sector likely to rebound from COVID-19, Capgemini warns

Emissions from the global energy sector will be 7-8% lower in 2020 than in 2019, but most nations are still failing to align their energy generation and consumption patterns with long-term climate targets, Capgemini is warning. EURACTIV's media partner, edie.net, reports.

Official: EU taking first steps to bring forestry into carbon market

The first step to bring forestry under the EU’s emissions trading scheme is to ensure that every tonne of carbon dioxide in the forest is counted so that a certification system for carbon removals can be put in place, Artur Runge-Metzger told EURACTIV.
Climate change 16-10-2020

EU leaders to decide tougher climate goal in December

EU leaders on Thursday (15 October) said they will decide on a more stringent climate target for 2030 at a summit in December, leaving more time to forge a united European response to climate change.
Energy 02-10-2020

EU’s carbon border tax proposal still has many grey areas

While the EU carbon tax should be introduced at the bloc's borders by 2022, a report details the challenges and options of this mechanism, which still has many grey areas. EURACTIV France reports.
Energy 21-09-2020

EU lists sectors eligible for carbon compensation perks

The European Commission reduced on Monday (21 September) the number of industrial sectors eligible for compensation against higher electricity costs caused by the EU carbon market, the Emissions Trading Scheme.
Energy 21-09-2020

Europe’s new climate plan heralds energy ‘transformation’

Meeting the EU’s proposed new climate targets for 2030 will require a “transformation” of the bloc’s energy system, with a renewed focus on renewables and further efforts to cut fossil fuels in buildings, transport and industry, the European Commission has said.
Electricity 18-09-2020

A carbon neutral Nordic region would need 75% more electricity, study shows

Nordic countries would have to generate another 290 terawatt hours (TWh) of electricity, an increase of 75% from current levels, to meet the additional demand for power if they become carbon neutral, a study published on Thursday showed.
18-09-2020

EU climate plan could see bloc’s carbon price double this decade

Carbon costs for Europe's businesses could double this decade under European Union plans to deliver deeper emissions reductions by 2030, according to analysis of European Commission modelling.
Energy 17-09-2020

German industry sceptical of EU’s new 2030 climate goals

The European Commission will present today (17 September) detailed proposals to reduce carbon emissions in the EU by 55% below 1990 levels by 2030. While German industry officially welcomes the new ambitions, it is also clearly sceptical. EURACTIV Germany reports.
Shipping 15-09-2020

MEPs agree to chart shipping’s ETS course

The European Parliament on Tuesday (15 September) voted in favour of including greenhouse gas emissions from the maritime sector in the European Union's carbon market from 2022, throwing its weight behind EU plans to make ships pay for their pollution.
15-09-2020

Carbon market’s free perks need rethink, insists EU watchdog 

The EU’s Emissions Trading System (ETS) of offering free pollution permits needs to be reviewed and aligned more closely with climate policy if the bloc wants to reap its full benefits, the European Court of Auditors said on Tuesday (15 September).
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