The summit has adopted measures aimed at easing the sharp rise in energy prices. By the informal summit in April, the Council, Parliament and Commission aim to agree on a roadmap for addressing the 10 key challenges facing the single market.
By Lukas Knigge, Manuel Berkel and Markus Grabitz
The energy crisis resulting from the war in Iran has intensified the debate over the European Emissions Trading System. In addition to EU environment ministers, heads of state and government will also address the ETS on Thursday.
By Lukas Knigge
The controversial reform of the EU Emissions Trading System (ETS) has set the Environmental Council in motion. While some are calling for swift reforms, experts warn against rules that are too lenient. However, there appears to be broad consensus on certain measures.
By Lukas Knigge
With the Council’s approval, the European Union’s climate target for 2040 has now been formally adopted. A study by the University of Graz shows how member states could distribute their contributions to emissions reduction across regions according to principles of fairness.
By Lukas Bayer
Environmental organizations accuse German Environment Minister Carsten Schneider of pursuing the wrong approach with his call to extend free CO₂ allowances. The minister, however, aims to ease the burden on the chemical industry by adjusting the benchmarks that determine their allocation under the EU’s Emissions Trading System (ETS).
By Lukas Knigge
There is growing debate over possible adjustments and reforms to the European emissions trading framework. A clear-cut solution is not yet in sight. While experts acknowledge the need for changes, they caution that modifications could have repercussions for climate targets and undermine earlier investment decisions.
By Lukas Knigge
Together with Luxembourg, the Scandinavian are rejecting a postponement of the new CO₂ market for heat and transport. They warn against a weakening of EU climate policy and urge speedy implementation.
By Redaktion Table
To remain competitive with China, Brussels is considering extending the free allocation of CO₂ allowances. But prolonging free permits will not halt the exodus of industry. What is needed instead is an industrial policy that consistently prioritizes investment in future technologies.
By Sabine Nallinger
The EU Parliament has confirmed the climate target for 2040. Europe is to reduce its emissions by 85%, with a further 5% to be achieved abroad. However, these international reductions will not be integrated into the ETS.
By Lukas Bayer and Lukas Knigge
China has required companies in the chemical, petrochemical, building materials, paper and copper smelting sectors to submit emissions data, a move widely seen as a key signal of the expansion of its emissions trading system.
By Nico Beckert
