About: free allowances

Aviation 19-05-2022

MEPs aim to stick airlines with steeper carbon bill

Lawmakers in the European Parliament’s environment committee have voted to include all flights departing from Europe in the EU’s carbon market and to slash free allowances, a move that will force airlines to pay more to pollute. 

EU carbon market blurred by volatile prices and speculation, Greens warn

The EU needs to tackle design flaws and speculation on its carbon market to ensure the price of emissions remains high and becomes a more effective tool to drive decarbonisation, according to a report by the Greens in the European Parliament.

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.

Lawmaker drafts ‘complete overhaul’ of EU carbon border levy

The EU lawmaker in charge of negotiating Europe’s upcoming levy for carbon-intensive imports has recommended drastic changes, including a quicker rollout and adding more products to the scope of the draft legislation.