About: ETS reform

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.

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.

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.

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.

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.

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.

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...

Bas Eickhout: EU carbon market needs alignment with 2050 goal

The next European Commission will have to reopen the Emissions Trading Scheme directive if it is serious about reaching carbon neutrality by 2050, argues Bas Eickhout, warning the next Commission chief will need to find a broader majority in the European Parliament than his predecessor.

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.
Energy 26-04-2018

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).
Climate change 09-04-2018

‘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).

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.

EU and California to discuss linking carbon markets

The EU and California are beginning talks to potentially create a common carbon market that could also include China.

EU at impasse before final push to clinch carbon market reform

EU negotiators are split over the uses of a new clean technology fund ahead of talks on carbon market reforms on Wednesday (8 November), with the bloc keen for a deal this week to show leadership at UN climate talks in Bonn.

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.

Poland wins bigger coal transition funds in reformed ETS

The European Union has offered Poland more room to subsidise the coal transition in ongoing talks on reforming the Emissions Trading System (ETS), the EU’s flagship instrument to fight global warming, a move that sent alarm bells ringing among environmentalists.
Energy 02-10-2017

Oil refiners warn increased CO2 costs could force them out of Europe

Petroleum refiners have teamed up with other energy-intensive industries to warn about EU plans to hike the cost of emitting carbon dioxide, echoing previous warnings about "carbon leakage" which critics say have failed to materialise.

Emissions Trading System failures sour energy policy efforts

Doubts about the effectiveness of the European Union’s Emissions Trading System (ETS) resurfaced on Tuesday (19 September) at an energy conference in Estonia, as a low carbon price continues to stymie energy market efforts.

Eurelectric: EU carbon market reform ‘won’t get us to 2050’

The energy transition requires deep CO2 emissions cuts of 80-95% across the economy by 2050, says Kristian Ruby. “And the current proposal won’t get us there,” he told EURACTIV.com as three-way talks to reform the EU Emissions Trading Scheme get underway.
Climate change 04-09-2017

Carbon tax could wipe out polluters’ profits in pursuit of Paris targets

More than $1.5 trillion in company profits worldwide could be erased by taxes required to meet the Paris climate agreement, according to analysis by global investment manager Schroders. EURACTIV’s partner The Guardian reports.

Energy giants back calls to cut dirty power plant subsidies

A coalition of thirteen energy industry firms, including Siemens, Shell and Total, have launched a new joint initiative to limit the amount of state aid subsidies that are sent to highly-polluting fossil fuel plants across the EU. EURACTIV's media partner edie.net reports.

A fair EU carbon market: but for whom?

Amid calls from heavy industry to get more free pollution permits in the name of a ‘fair’ EU carbon market, Europe’s workers, taxpayers, and the climate must not be forgotten in the system’s design reform, writes Femke de Jong.

Poland challenges EU’s carbon market reform

Poland is challenging draft carbon market reforms agreed by most European Union governments this week, saying the deal is not binding because it did not have the full backing of the bloc's 28 nations, the country's environment ministry said yesterday (2 March).

ETS reform agreement catches its architect by surprise

On Tuesday evening (28 February), the European Council agreed its position on the Emissions Trading Scheme (ETS). MEP Ian Duncan admits he didn’t really see it coming.
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