High power costs, not ETS, are stalling EU industrial decarbonisation, researchers say
Europe should resist calls to weaken its carbon market because the main barriers to industrial decarbonisation are slow electrification and weak investment signals rather than climate policy, according to a report published on Tuesday.
Read MoreEU lawmakers agree position on Market Stability Reserve for ETS2
The European Parliament’s environment committee endorsed on Monday a provisional agreement to strengthen the Market Stability Reserve (MSR) for the EU’s new emissions trading system covering buildings and road transport (ETS2), paving the way for final approval in plenary.
Read MorePREVIEW: Key issues to watch in the upcoming EU carbon market reform
As the European Commission prepares to unveil its proposed revision of the EU Emissions Trading System (EU ETS) on July 17, Carbon Pulse walks you through the main issues at stake in the reform – what is already on the table, and the key decisions still to come.
Read MoreWind energy industry urges EU ETS overhaul to prioritise industrial electrification
The European Commission should use its upcoming revision of the EU Emissions Trading System (ETS) to redirect billions of euros in carbon market revenues towards industrial electrification, trade association WindEurope has said.
Read MoreEU urged to back ETS2 with stronger support for vulnerable households
Europe’s plan to extend carbon pricing to buildings risks leaving millions of vulnerable households behind unless it is matched with major public investment in home renovations and clean heating, researchers and EU officials warned this week.
Read MoreEurope’s biomethane production hits 8 bcm/year, backed by EU carbon price signal
Europe’s biomethane industry has crossed 8 billion cubic metres (bcm) of annual production capacity for the first time, with planned investments rising to €36 billion, a move the industry says is increasingly underpinned by the EU’s carbon price signal.
Read MoreBrussels urged to keep incinerators out of EU ETS ahead of July review
Waste-to-energy (WtE) operators oppose the sector’s inclusion in the EU Emissions Trading System (ETS), warning the move would increase costs for municipalities and consumers while doing little to reduce emissions because plant operators cannot control the composition of the waste they receive.
Read MoreEU risks litigation if it drops binding forestry climate goal, WWF warns
The EU risks exposing itself to legal challenges if it weakens or abandons binding targets for carbon removals from forestry and land use as part of its post-2030 climate framework, according to a new legal analysis commissioned by WWF and published on Tuesday.
Read MoreEU governments leave €85 bln in ETS2 funding frozen as social plans stall
One year after the deadline to submit national Social Climate Plans, 19 EU member states have yet to file the documents required to access funding linked to the bloc’s new Emissions Trading System for road transport and heating fuels (ETS2), leaving €85.3 billion effectively frozen, according to campaigners.
Read MoreEU ministers back grids and permitting push to fast‑track electrification
EU27 energy ministers on Friday approved a grids and permitting package aimed at accelerating the expansion of infrastructure seen as essential for electrification and the bloc’s decarbonisation goals.
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