In a new report published this week, the European Scientific Advisory Board on Climate Change recommends a series of actions to put the EU on track towards climate neutrality. Some recommendations require immediate action and others should be considered when shaping the EU's post-2030 climate policy framework. Based on an assessment of more than 80 … Continue reading New report from EU climate Advisory Board: focus on immediate implementation and continued action to achieve EU climate goals
Category: ETS
The growing importance of the EU Emissions Trading System
Derided for a decade for its ineffectiveness, this European emissions trading mechanism is now taking on a new significance writes Philippe Escande in an article on Le Monde website. Climate: 'The EU emissions trading system is now proving relevant' It can take a lot of patience, experimentation and tenacity to see a good idea … Continue reading The growing importance of the EU Emissions Trading System
The EU’s new carbon market includes a reformed Emissions Trading System (ETS)
The European Union has negotiated its "biggest climate law" ever. With emitters forced to pay more, billions of euros are expected to go toward a climate social fund. Tim Schauenberg takes a closer look in an article on the Deutsche Welle website. EU reforms Emissions Trading System: What you need to know The European … Continue reading The EU’s new carbon market includes a reformed Emissions Trading System (ETS)
The price of European carbon allowances (EUAs) is not yet high enough to drive structural decarbonisation
With high energy prices dominating the political agenda and politicians in certain EU member states training their sights on the bloc's carbon market, there is one salient fact being missed in all the hubbub: ETS emissions likely increased by 6% in 2021, and are set to rise further again this year. Self-evidently, this means that … Continue reading The price of European carbon allowances (EUAs) is not yet high enough to drive structural decarbonisation
New EEA report on EU ETS emissions continuing to decrease
Under current and planned measures, EU Member States project that ETS emissions will continue to decrease in the coming decades albeit at a slower pace than historically, according to the latest annual European Environment Agency (EEA) briefing 'Trends and projections in the EU ETS' published this week. On recent trends, greenhouse gas emissions from stationary … Continue reading New EEA report on EU ETS emissions continuing to decrease
The pros and cons of pulling the shipping industry into the EU’s emissions trading scheme
Andrew Warren, former special advisor to the House of Commons environment select committee, explores the EU Commission's ambition to include European shipping in its emissions trading scheme in an article first published on the Business Green website. Tax or trade: Is the EU's emissions trading scheme the best way to tackle CO2 from shipping? … Continue reading The pros and cons of pulling the shipping industry into the EU’s emissions trading scheme
Industry and Europe’s “Fit for 55” package
In July the European Commission adopted a package of proposals – called the Fit for 55 package – to make the EU’s climate, energy, land use, transport and taxation policies fit for reducing net GHG emissions by at least 55% by 2030, compared to 1990 levels. As the Commission states, achieving these emission reductions in … Continue reading Industry and Europe’s “Fit for 55” package
Are we fit for 55?
We have all been figuring out how to meet our Paris climate commitments. The European Union has been ramping up its level of ambition as well as the means to achieving those targets. This week the European Commission adopted a package of proposals to make the EU's climate, energy, land use, transport and taxation policies … Continue reading Are we fit for 55?
The EC’s “Fit for 55” out soon: here’s what to anticipate
The European Commission will table a package of energy and climate laws on July 14th aimed at reaching the EU’s 2030 goal of cutting emissions by 55%, and putting it on track to hit net zero by 2050. Kira Taylor and Sean Goulding Carroll write on the EURACTIV website to give you the lowdown on … Continue reading The EC’s “Fit for 55” out soon: here’s what to anticipate
Bold new initiative from European Commission to address carbon emissions
Andrew Warren, Chairman of the British Energy Efficiency Federation writes about a bold initiative to meet head on the inherent trade incompatibility caused by unpriced emissions from companies outside Europe. The column was in the May 2021 issue of Energy in Buildings & Industry. The EU’s new tool to create a level playing field … Continue reading Bold new initiative from European Commission to address carbon emissions
