About: ETS
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.
How to reconcile the different interests in the “Fit for 55” package?
Though all Member States backed EU’s higher target of a net domestic reduction of greenhouse gases emissions by at least 55% until 2030 compared to 1990, recently proposed regulatory solutions may deepen a division between countries, when it comes to...
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.OpinionPromoted content
How an ambitious and rapid reform of the EU-ETS is essential to achieve the new climate objectives
2021 is a decisive year for climate action. Following the binding objective of carbon neutrality in the Climate Law, it is now urgent to align the various legislative texts with this ambition. Alexandre Perra is the EDF’s Group Senior Executive...
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.
Businesses and consumers will decide whether the EU Green Deal works
As the European Commission fleshes out its Green Deal policy unveiled by Ursula von der Leyen one year ago, companies are looking at how they fit into the picture.
EU drafts deal to upgrade 2030 climate change target next month
The European Union has drafted a deal aimed at curbing greenhouse gas emissions by at least 55% by 2030, against 1990 levels, a target it hopes its 27 members will endorse at a summit next month.
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.
EU should scrap emissions trading scheme, Polish official says
The European Union should scrap its Emissions Trading System or exempt Poland from the scheme, which helps combat global warming, to free up funds for Warsaw to fight the effects of the coronavirus, a senior Polish official said.
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.
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...