Emissions trading

All news and posts of our editorial team on the topic

REPowerEU: Court of Auditors sees problems with funding
Europe’s Energy Independence Plan (REPowerEU) may not be sufficient to achieve the plan’s goals, according to the European Court of Auditors. This was revealed in an opinion issued by the auditors on Tuesday. The main problem is funding to advance energy diversification, environmental transformation and gas independence from Russia. This is because the majority of […] continue reading →
ETS trilogue: Liese wants requirements for free allowances
Kick-off for the first trilogue under the Czech Council Presidency: Negotiations on the Emissions Trading System (ETS) and the Carbon Border Adjustment Mechanism (CBAM) officially began on Monday. The Parliament was represented by Pascal Canfin (Renew), Peter Liese (EPP) and Mohammed Chahim (S&D), the Commission by Frans Timmermans and European Commissioner for Economy Paolo Gentiloni. […] continue reading →
Different interpretations of the combustion engine phase-out
After the Environment Council, the players involved were all pretty much in agreement: After 2035, there will be no more cars that still emit CO2 – effectively a rejection of e-fuels and hybrids. But the readings the following day diverge widely – as do the reactions. continue reading →
EU Parliament adopts ETS reform but what happens next in the Council?
On Wednesday afternoon, the MEPs of the EU Parliament voted in the second attempt for the reform of the European Emissions Trading System (ETS). After failing to secure a majority for the parliamentary position just 14 days ago, the three major political groups (EPP, S&D, and Renew) had already agreed on joint compromises last week. […] continue reading →
Factions reach agreement on ETS and border adjustment
Less than a week after the package failed in plenary, EPP, S&D, and Renew have agreed on a compromise. With the introduction of border adjustment, the allocation of free allowances is now to be reduced from 2027 and completed by the end of 2032. continue reading →
Timmermans expects fast agreement on climate package
Despite the surprising rejection of the reform of the European Emissions Trading System (ETS) by the EU Parliament last week, the EU Commission expects to reach an agreement soon. “We have seen how incredibly complicated the overall ‘Fit for 55’ is. So it is not so surprising that accidents like a ‘no’ vote in the […] continue reading →
ETS reform supposed to go directly to the plenum
The wrangling over the future of the European Emissions Trading System (ETS) is entering a new round. After the plenum could not agree on a common position last week, the ENVI coordinators of the political groups want to recommend to put the amendments back on the agenda at the next plenary session from June 22 […] continue reading →
Climate laws pending Environment Council approval
For the next meeting of EU environment ministers on June 28, the French presidency is seeking agreement on several pieces of legislation from the Fit for 55 package. As “Contexte” reports, there could possibly be general orientations on several climate dossiers: the Emissions Trading System (ETS), including rules for the aviation sector, the Market Stability […] continue reading →
Honorary lap of the ETS: between disappointment and hope
The ETS reform initially failed at its first reading in the EU Parliament. New alliances must now be forged in the Environment Committee, which will then survive the new vote in July. The lines of conflict remain the same for the time being, but new compromises could well ensure greater satisfaction. continue reading →