News
The Fit for 55 package is to be adopted "quickly and with a high level of ambition". European emissions trading should ensure the phase-out of coal by 2030, and hydrogen IPCEIs should be implemented swiftly. The German government is relying fully on the EU to implement its climate protection plans.
By Lukas Knigge
As part of its Fit for 55 package, the EU Commission has proposed the introduction of a CO2 limit offset for imports. Recently, the European Parliament's rapporteur presented his draft and called for some far-reaching changes. Environmentalists welcome the proposals, while the industry is shocked.
By Timo Landenberger
The European emissions trading system started back in 2005, but the establishment of comparable systems in other countries is important for achieving global climate targets. China plays a central role in this: According to the IEA, Chinese power plants accounted for more than half of coal-fired power plant emissions in 2021. In the medium term, the EU border adjustment mechanism (CBAM) is expected to make emissions more expensive worldwide – time for a look at the status of the Chinese ETS.
By Redaktion Table
The goal of European sovereignty runs like a red thread through the program of the French EU Council presidency. The fight against climate change is also subordinated to this goal – and that has consequences.
By Redaktion Table
After the climate conference in Glasgow, the Global South is in danger of no longer believing the promises of the industrialized countries on climate financing. This trust gap must be closed quickly, demands Susi Dennison of the European Council on Foreign Relations. She outlines ways in which the EU could meaningfully engage in the debate and explains the potential of green technologies.
By Redaktion Table
At the Environment Council, the responsible ministers and their representatives discussed the progress of the Fit for 55 package at the end of the year. One sticking point in the political exchange of views: the climate social fund. Some member states fear a massive social imbalance, especially in the event of an expansion of emissions trading, and are therefore pushing for greater financial support from Brussels. But where the money for this should come from is still an open point of contention.
By Lukas Knigge
Calls for stronger regulation of European emissions trading are growing louder. The fear of endlessly rising CO2 prices due to market speculation is too great. However, it is still unclear whether this concern is justified. The first step towards a more equitable CO2 market could therefore be an improved data situation.
By Lukas Knigge