Emissions trading scheme Archives
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Extended ETS outperforms carbon border adjustment in the power sector
Creating a carbon border adjustment mechanism would not work as well as extending the EU Emissions Trading Scheme to reduce global emissions and further integrate energy exporting countries into the European power market, argue András Mezősi, Zsuzsanna Pató and László Szabó.
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Green Deal – and electrification – should be the backbone of EU recovery plan
The Green Deal is Europe’s growth strategy. Making it the backbone of the recovery plan is not only necessary in a climate perspective, but also from an economic point of view – in order to create growth and work opportunities that are sustainable in the long run, argue Nordic energy CEOs and top executives.
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How the coronavirus outbreak affects the EU’s 2030 climate targets
Ultimately, the coronavirus pandemic may slow down initial plans to adopt the European Climate Law and a number of other climate-related policy proposals, writes Robert Jeszke.
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Inside the EU’s shadow climate fight
The EU’s new industrial strategy, due out on 10 March, is an opportunity to shake up more than a decade of lethargic progress in cutting greenhouse gas emissions from Europe’s heavy industries, writes Wilf Lytton.
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The EU 2030 climate target is tomorrow
The European Climate Law falls short of providing meaningful financial compensation for Member States with different starting points like Poland. This is a very unfortunate development at time when more unity and more solidarity are needed in the EU.
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Extending EU carbon market must not hinder more urgent reforms
The European Commission’s proposal to include new sectors in the EU Emissions Trading Scheme (ETS) is not expected to significantly reduce emissions but could risk the stability of the EU’s carbon market and the decarbonisation of the power sector, argue Outi Haanperä and Verena Graichen.
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Achieving 1.5°C warming goal requires rapid reform of EU carbon market
To deliver quick results at least political cost, the European Commission should focus on two measures when revising the EU Emissions Trading Scheme: strengthening the cap and enhancing the Market Stability Reserve (MSR), write Mari Pantsar and Outi Haanperä.
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Road transport in the EU ETS: A high-risk, low-reward strategy
The Emissions Trading Scheme (ETS) is not a good instrument to cut road transport emissions because it will raise petrol prices and fuel popular discontent, as seen in the past with the ‘Gilets Jaunes’ protests, writes William Todts. Road emissions …
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Time to steer shipping into the EU carbon market
The UN shipping body’s failure to agree on immediate climate measures means the incoming European Commission President, Ursula von der Leyen, must make good of her promise to include the maritime sector under the EU Emissions Trading System (EU ETS), aruges Sam Van den plas.
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Paying our way out of purgatory: Is carbon pricing enough?
After the Pope backed a carbon tax to stem global warming earlier this month, Louise Sunderland argues carbon taxes will be efficient and cost-effective enough only when coupled with a strategic use of the revenues.
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Why we need more than just the EU carbon market to tackle industrial pollution
Latest data shows that the market-based solution alone is not enough to cut carbon pollution from heavy industry in line with the Paris Agreement goals. A new industrial policy mix is needed to ensure Europe is on a pathway to net-zero carbon emissions by 2040, writes Agnese Ruggiero.
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The burden of coal at the doorstep of the Energy Union
At a time when the EU strives to achieve net-zero greenhouse gas emissions by 2050, coal still represents more than half of electricity across much of the Western Balkans and other EU neighbouring countries, writes Janez Kopač. Making things worse, coal plants are intensively supported by Chinese and US capital, without active opposition of the EU, he says.
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Four things the EU should do to strengthen climate action before this mandate ends
EU institutions still have time for a series of concrete actions to strengthen climate policy before their mandate ends and get their successors off to a flying start, write Sanjeev Kumar and Edward Robinson.
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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.
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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.
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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.
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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.
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Greek coal: The EU’s dirty little secret
A decision imposed by the EU on Greece to sell a large proportion of its lignite coal assets could be disastrous for consumers and the sustainability of Greece’s energy model, warns Nikos Mantzaris.
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To finance the energy transition, EU leaders must restore their ambition
The investment case for low-carbon energy is strong: increased economic growth and jobs, reduced transition risks, and the most cost-effective pathway to realising the goals of the Paris Agreement. Why, then, are EU energy ministers so reluctant to provide the legislative framework required to shift the trillions? writes Stephanie Pfeifer.
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The case for a price floor in the EU ETS
The recently adopted reform of the EU Emissions Trading Scheme (EU ETS) is insufficient to trigger cost-efficient decarbonisation of the economy, argue Christian Flachsland and Anna Leipprand. A carbon floor price that starts at a significant level and rises over time would address the problem, they write.
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EU shouldn’t allow Greek violation of environmental legislation
It is no secret that the Public Power Corporation (PPC) heavily influences the Greek government, but the EU institutions should step in to prevent a violation of European environmental legislation, writes Nikos Mantzaris.
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A fair transition or lock-in to a coal-plagued future?
Are EU policymakers considering spending EU Emissions Trading System (ETS) funds in favor of coal? It surely seems so if one examines carefully the recent history of the ETS file, writes Nikos Mantzaris.
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Three ‘Fs’ to fix the Emissions Trading System
European lawmakers are meeting in Brussels on Thursday for (possibly) the final trialogue discussion on revisions to the EU Emissions Trading System (EU ETS). Now is the time to turn rhetoric into real action, urges Rachel Solomon Williams.
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Closing the loopholes in the EU’s centerpiece climate law
EU member states can enable the upscaling of good examples of local climate action by closing loopholes in the Effort Sharing Regulation, a centerpiece of the EU's climate policy, write Claire Roumet and Femke de Jong.