At just before 2 a.m. on Sunday, the deal in the jumbo trilogue on the reform of emissions trading was reached: The ambition level will rise, the carbon price for buildings and road transport will be introduced, and the free emissions allowances for the industry will end in 2034. This means that the essential part of the Fit for 55 package is ready.
By Lukas Knigge
European climate policy is in for some decisive days: This weekend, the most important parts of the EU’s Fit-for-55 climate package are expected to be finalized in the trilogue. The negotiations will focus primarily on European emissions trading. Associated with this are talks on the Social Climate Fund and the Carbon Border Adjustment Mechanism (CBAM) – as these are big topics in themselves, some call it the jumbo trilogue.
By Lukas Knigge
In the dispute between the EU and the USA over the Inflation Reduction Act a compromise is in sight. Nevertheless, the member states and the EU Commission fear a creeping exodus of European industry. At the EU summit, they instructed the EU Commission to develop countermeasures. Many of these measures are already on the horizon.
By Till Hoppe
Financing the biodiversity targets is the Achilles' heel of the UN Biodiversity Conference (COP15). In addition to mobilizing public funds, this involves nothing less than aligning the entire economy with "nature positive." Support comes from the private sector itself.
By Timo Landenberger
Originally, a climate club was supposed to help its member countries drive climate action through coordinated CO2 prices. The climate club recently established by the G7 no longer has much to do with this. Nevertheless, it can have a positive effect – if it can be cleverly developed further.
By Experts Table.Briefings
The Commission, Parliament and Council finished their negotiations on the new battery regulation on Friday. It defines specific collection and recycling targets as well as due diligence obligations – and aims to make batteries the first product in the EU to be subject to a binding carbon footprint.
By Leonie Düngefeld
