For a long time, it didn't look as if the EU Parliament's negotiators would find a common denominator on the crucial Green Deal legislative proposals. However, yesterday's vote in the Environment Committee shows how capable MEPs are of compromise when it counts. Some of the compromises, however, could be short-lived.
By Lukas Knigge
The CO2 cap-and-trade mechanism is one of the most important instruments for decarbonizing the industry and protecting against carbon leakage. However, the German government has so far neglected the issue. Industry and climate activists alike are now criticizing this move.
By Lukas Knigge
The EU Parliament's rapporteurs cleared a huge hurdle on Tuesday on the way to redesigning the European emissions trading system. They agreed on the introduction of a second ETS for buildings and transport. Nevertheless, there are open questions at the CBAM.
By Lukas Knigge
The controversial EU emissions trading scheme for buildings and road transport (ETS 2) can effectively reduce CO2 emissions and should be designed in a socially responsible way. The European Parliament and member states should not squander this climate policy opportunity, demand Martin Menner and Goetz Reichert.
By Redaktion Table
After tough wrangling, negotiations in the Environment Committee on the reform of the European Emissions Trading Scheme (ETS) are to be concluded on Tuesday. It is not yet possible to predict what the agreement will look like. All sides claim to be willing to compromise, but there is little movement on the most contentious points.
By Lukas Knigge
On Wednesday, the MEPs of the ITRE Committee in the EU Parliament will vote on the compromise proposals for the ETS and CBAM. The compromise is supported by conservatives, social democrats, and liberals – but not by the Greens.
By Lukas Knigge
Last year, the EU Commission had asked the European Securities and Markets Authority (ESMA) to review the workings of the European Emissions Trading System (ETS) with regard to market speculation and manipulation. On Monday, they presented their report.
By Lukas Knigge
