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
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 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
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
On January 1st, EiD had a post about Britain, Brexit and ETS and where everything was heading. Now Andrew Warren, Chairman of the British Energy Efficiency Federation writes in February issue of Energy in Buildings & Industry about Britain’s own emissions trading scheme. Although the UK has set its own scheme, it is likely that, … Continue reading Britain comes up with its own emissions trading scheme
Neil Kellard, Dean, Professor in Finance, Essex Business School at the University of Essex writes on The Conversation website about the impact of the proposed carbon border levy. What are your views? Why the EU's proposed carbon border levy is an important test for global action on climate change In the more than two … Continue reading Proposed carbon border levy would be strong signal to EU firms
The BREXIT agreement was finalised on Christmas eve and it passed the UK Parliament on New Year’s Eve. The agreement foresees the EU and UK co-operating on carbon pricing with "serious" consideration on linking carbon pricing systems in a way that "preserves the integrity of these systems and provides for the possibility to increase their … Continue reading BREXIT agreement requires UK to have an “effective” system of carbon pricing as of 1 January 2021 GHG emissions from power & heat generation, industry and aviation
Greenhouse gas emissions from stationary installations covered by the European Union’s Emissions Trading System (ETS) dropped by 9.1% in 2019 from 2018 levels, the largest drop in a decade, according to the latest European Environment Agency (EEA) briefing on trends and projections in the EU ETS released this week. Climate action in Europe: EU … Continue reading New EEA briefing on the European Union’s Emissions Trading System
We must reduce GHG emissions to net zero by 2050 to have a reasonable chance of limiting global warming to 1.5C. Human activities - mainly the burning of fossil fuels - are currently emitting far too much CO2 every year. One approach to reducing CO2 emissions is emissions trading – it is carrot-and-stick: emitters of … Continue reading Understanding the EU Emissions Trading System (ETS)
Andrew Warren, chairman of the British Energy Efficiency Federation and a regular contributor to EiD, questions what will happen to Britain’s participation in the world’s largest cap-and-trade system for carbon emissions now that it is working out its future relationship with the European Union. This article was first published in the November/December 2017 issue of … Continue reading With Britain leaving the European Union, will it remain in the emissions trading system?