
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
Veteran EU politicians call it the biggest trialogue they have ever experienced: Next weekend, negotiations will begin in Brussels on how the EU's emissions trading system will serve the climate, industry and even consumers. Failure is not ruled out.
By Lukas Knigge
Emissions from maritime shipping will be covered by European emissions trading in the future - a historic step. The EU Commission also presents first proposals on how it intends to certify carbon dioxide emissions from the atmosphere. This has been met with some considerable criticism.
By Lukas Knigge