News
The German government is still working hard on its final positions on the Fit for 55 dossiers. The debate in the European Parliament and other member states is already in full swing – conflicts included. These are being fought out not only between the institutions but also among the rapporteurs of the most important dossiers.
By Lukas Knigge
The EU has placed decarbonization at the top of its agenda to fight climate change. To this end, it has put together the "Fit for 55" climate package. One of the main pillars of this package is emissions trading – and the associated Carbon Border Adjustment Mechanism (CBAM). It is still at the planning phase. The EU is wrestling with the details. But one thing is clear: CBAM could hit China particularly hard.
By Redaktion Table
The EU border adjustment is only one piece in the mosaic of international decarbonization. It is not known whether it will prevent carbon leakage at all, says Susanne Droege in an interview with Lukas Scheid. The economist and climate policy expert believes that adequate financing offers from donor to recipient countries are much more crucial.
By Lukas Knigge
Contrary to what environmentalists had hoped, the draft report by Peter Liese (EPP) did not raise the ambition level of the European Emissions Trading Scheme (ETS). Nevertheless, there is also praise for Liese's proposals. ETS reform is considered a key component of the Fit for 55 package.
By Lukas Knigge