About: ETS

EU carbon market reform ‘progressing at snail’s pace’ ahead of final talks

Negotiations to reform the EU's Emission Trading Scheme (ETS), which prices CO2 pollution from the power sector and industry, are currently stuck ahead of a final round of talks scheduled on 16 December.

Negotiations on EU carbon market stuck in quagmire

Ongoing talks to reform the EU’s flagship climate policy tool, the emissions trading scheme (EU ETS), appear stuck as Parliament accuses EU member states of refusing to give ground.

EU lawmakers fear unrest after Council dashes ‘social’ Fit for 55 hopes

Lawmakers expressed fears of 'brewing social unrest' akin to that of the Yellow Vests movement after the Council further reduced Parliament's 'already watered down' measures aimed at balancing the social impacts of the EU's Fit for 55 package.

Tired EU Parliament agrees carbon pricing compromise ahead of Council clash

The European Parliament has adopted a common position on the European Emissions Trading Scheme (EU-ETS) reform and the bloc’s forthcoming carbon border tax (CBAM) following a compromise between the biggest parties.

Trust in carbon market ‘undermined’ by EU’s Russia plans, analysts warn

Analysts have slammed European Commission plans to raise €20 billion from the EU’s carbon market stability reserve as a way of financing a €300-billion effort to wean Europe off Russian fossil fuels.

Lawmakers vote to end free CO2 pollution permits by 2030

Lawmakers in the European Parliament’s environment committee agreed a major overhaul of the EU’s carbon market on Tuesday (17 May), including ditching free permits to pollute by 2030 and expanding the EU's carbon pricing scheme to the maritime sector.

Idea of carbon price ‘corridor’ resurfaces in France

The recent surge in CO2 prices on the EU carbon market has revived the idea of introducing a "price corridor", with a maximum and a minimum, in order to ensure greater market stability. EURACTIV France reports.

No major abnormalities in EU carbon market, says watchdog

There are no major abnormalities in the European Union’s market for carbon emissions, but tighter controls could improve transparency and monitoring, the EU’s securities watchdog said on Monday (28 March).

Lawmakers criticise plan for ‘CBAM reserve’ in EU carbon market reform

An EU lawmaker’s proposal to put aside free pollution permits for industry in case plans to replace them by an external EU carbon tariff fails, has been criticised by his fellow lawmakers in the European Parliament.

Brexit decision left UK firms paying 10% more than EU rivals for emissions

Government refusal to link carbon market to EU’s has led to higher cost for British businesses, reports EURACTIV's media partner, The Guardian.

Europe’s energy price hike fuelled by speculators, Spain and Poland say

In the face of rising energy prices, Spain and Poland have called for trading limits to be placed on the world’s largest carbon market, the EU Emissions Trading Scheme (EU ETS). Market analysts, however, say speculative positions are currently too small to be statistically significant.

EU ministers attack plans to extend carbon pricing to heating, transport

EU environment ministers expressed "quite a lot of reservations" about European Commission plans to set up a second emissions trading scheme for road transport and buildings at their first meeting since Brussels tabled the proposal last week.

EU’s Timmermans defends new ETS in front of sceptical lawmakers

EU climate chief Frans Timmermans faced lawmakers in the European Parliament on Wednesday (14 July), hours after the European Commission presented a new legislative package aimed at reaching the EU's 2030 climate goals.

France to give €7 billion boost to healthcare system

After France failed to complete clinical trials and launch its own COVID-19 vaccine, President Emmanuel Macron now wants to turn things around and invest €7 billion in the medical sector. EURACTIV France reports.

The Green Brief: EU divisions loom over climate policy

With the EU’s new climate law passing in the European Parliament last week, there is now no doubt about whether EU lawmakers see the need to tackle climate change. Now they just need to answer the question of how to do this.

LEAK: EU set to maintain national CO2 targets for non-ETS sectors

EU countries are likely to reaffirm national emissions goals for sectors like buildings, transport, and agriculture, when EU leaders meet for a summit scheduled on 24-25 May.

EU to launch ‘adjacent’ carbon market for transport, buildings

A senior EU official on Tuesday (11 May) defended European Commission plans to extend the bloc's carbon market to road transport, arguing that revenues generated could be used to offset the effects of higher fuel prices on the poorest in society.

CO2 pricing ‘not enough’ to decarbonise industry, chemical makers say

Despite carbon prices hitting a record-breaking €50 per tonne on Tuesday (4 May), the chemical industry says additional measures are needed to support the transformation to a net-zero economy.

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.

Let’s end the debate: putting international shipping into the ETS is clearly legal

Shipping companies are crying foul over EU plans to regulate the sector’s emissions. But the industry’s claim that new rules would break international law has no legal basis, write Faïg Abbasov and Aoife O'Leary.