About: ETS reform

The Green Brief: EU lessons from Germany’s carbon tax row

A row in Germany over a carbon tax on heating and transport fuels has revealed some of the issues that Europe may soon be confronted with when extending its own carbon market to road transport and housing.

LEAKED: The EU’s carbon market reform proposal

A draft of the EU’s revised Emissions Trading Scheme confirms the European Commission’s intention to tighten the cap placed on CO2 emissions from industry and extend carbon trading to cover shipping emissions as well as road transport and heating fuels.

EU drafts plan to toughen carbon market

The European Union is planning to toughen its carbon market to cut emissions faster and put a price on pollution in new sectors, Bloomberg News reported on Sunday (27 June).

EU carbon price hits record €50 per tonne on route to climate target

The European Union carbon price hit a record high of above €50 per tonne on Tuesday (4 May), a key milestone in what analysts say is likely a long-term climb towards the price levels needed to trigger investments in innovative clean technologies.
Energy 23-04-2021

EU carbon market will be extended to buildings and transport, von der Leyen confirms

Europe will apply its emissions trading scheme to buildings and transport, European Commission President Ursula von der Leyen told a summit of world leaders on Thursday (22 April), setting the stage for the EU’s planned overhaul of its carbon market.

EU’s green building push risks driving homelessness, activists warn

The European Commission must ensure that plans to price carbon emissions in the building sector does not lead to growing rates of homelessness, campaigners said on Wednesday (17 March).

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.

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 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).

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.

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.
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.

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).
Climate change 01-03-2017

EU ministers reach compromise on carbon market reform

EU ministers reached a compromise on reforms to the carbon emissions market yesterday (28 February), moving the European Union closer to adopting rules that are crucial to reducing greenhouse gas emissions in line with the Paris Agreement on climate change.
Climate change 10-02-2017

Carbon market reform vote puts EU cement sector in the spotlight

Green lawmakers in the European Parliament have raised the stakes in the proposed overhaul of the EU carbon market, saying they would reject any deal that leaves the cement sector off the hook when the reform comes to a vote next week.
CO2 emission
Climate change 15-11-2016

Berlin, Brussels dismiss call for CO2 tax on Trump’s US

Germany and the European Commission rejected on Monday (14 November) calls by former French President Nicolas Sarkozy to impose taxes on imports from the United States if President-elect Donald Trump quits a global agreement for fighting climate change.
Climate change 12-07-2016

France aims to set carbon price of at least €50 by 2030

France has confirmed it will introduce a floor price for carbon emissions from coal power stations, which will increase from around €20 in 2020 to €50 in 2030. EURACTIV's partner Journal de l'Environnement reports.

MEPs push for 2025 carbon market review to boost climate action

EXCLUSIVE/ The EU’s Emissions Trading System – currently being reviewed – could be revised again in 2025 to bring it in line with stronger international climate targets called for by the Paris Agreement on global warming, under proposals being scrutinised by leading MEPs today.