About: ETS II

‘Money time’ for EU carbon market reform in the European Parliament

The lawmaker overseeing the adoption of a key package of EU climate legislation in the European Parliament has urged colleagues to stop fighting over the proposed reform, saying Europe must rise to the occasion in the current geopolitical context.
Energy 05-04-2022

Germany splits carbon tax for heating between landlords and tenants

Tenants living in well-insulated homes in Germany will have to shoulder the lion’s share of their CO2 costs for heating, while the burden in inefficient buildings will fall on landlords, reports Clean Energy Wire.

Widespread support for EU social climate fund in European Parliament

Lawmakers from across the political spectrum voiced support for a new EU fund to shield poor households from the impact of the green transition, although views diverge on where the money should come from and where it should go.
Transport 27-01-2022

MEP Petar Vitanov: EU green fuel taxes ‘must not create additional inequality’

The European Commission has proposed wide-ranging legislation aimed at cutting emissions from road transport across the EU. But the various taxes embedded in the proposals run the risk of exacerbating inequality if not implemented properly, warns MEP Petar Vitanov.

Parliament drafts energy poverty definition as part of EU social climate fund overhaul

The two lawmakers in charge of drafting the European Parliament’s position on the EU's new social climate fund have gone a step further than the European Commission's initial proposal by drafting a definition of both energy and transport poverty.

New ‘own resources’ for EU budget will come from carbon market, executive says

The European Commission on Wednesday (22 December) announced its intention to use revenues from the EU carbon market and upcoming border levy as well as taxes on multinational companies in order to repay money borrowed for the bloc's €800 billion coronavirus recovery fund.

EU’s proposed social climate fund comes under fire from all sides

At a meeting in Brussels on Monday (20 December), EU environment ministers criticised the European Commission’s proposal for a social climate fund that would support vulnerable households through the energy transition. Their motives, however, diverged widely.

Europe’s social climate fund too small to make a difference, critics say

The European Commission proposed a "social climate fund" to protect vulnerable people from changes brought by the energy transition. Still, it is not fit for purpose, according to researchers and policymakers in the European Parliament.
Energy 12-10-2021

EU countries slam new carbon market plans as energy prices soar

The European Commission’s plan to introduce a separate carbon market for road transport and the building sector, alongside the EU's existing Emissions Trading Scheme (ETS), was widely criticised by EU environment ministers at their meeting last week.
Economy & Jobs 27-07-2021

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.