Seven northern EU nations seek to raise EU’s green jet fuel mandate
A group of seven northern EU countries urged Brussels to allow states to go beyond the minimum obligation for sustainable aviation fuels (SAF), according to a joint letter circulated on Monday, in what looks like an early sign of ambition as member states consider the mammoth “Fit for 55” climate legislative package.
Read MoreUPDATE – France promises to address EU exporter concerns in upcoming carbon levy talks
EU presidency holder France will pay close attention to the effects the EU’s proposed carbon border adjustment mechanism (CBAM) could have on the bloc’s businesses, a senior official told an event on Wednesday, as lawmakers grappled with how to manage the phaseout of free allowances.
Read MoreEU ETS reform plans risk failure to reach targeted emissions cuts, consultancy warns
The EU risks missing its headline 2030 emissions goals because plans to reform the carbon market may do too little to shift the market’s surplus allowances, a consultancy warned in a study published on Tuesday.
Read MoreEU’s advisers call for substantial revision of taxonomy rulebook
A group of 57 green finance experts advising the EU has slammed European Commission plans to label gas and nuclear power investments as sustainable, strongly opposing what it saw as loose emissions curbs for gas projects.
Read MoreKey MEP seeks tougher EU green aviation fuel goals -media
A key EU parliamentarian wants all EU-connected flights to be fully powered by sustainable aviation fuels (SAF) by mid-century, EurActiv reported on Friday, citing a draft opinion on the bloc’s proposed green jet fuel law that would substantially raise ambition.
Read MoreEU should set price corridor for new ETS to ease poverty concerns -report
The EU should set a steadily increasing price corridor for its new emissions trading system for buildings and road transport to ease concerns about the measure unfairly hitting poorer people, according to an NGO-commissioned report published on Thursday.
Read MoreANALYSIS: EU lawmaker’s ETS plans seek to relieve industry, but risk windfalls
The European Parliament’s key lawmaker on ETS reforms aims to ramp up climate ambition for shipping and aviation while bolstering carbon leakage protection for what he sees as significantly more exposed heavy industries.
Read MoreKey EU lawmaker pushes for earlier phaseout of free aviation ETS allowances
Brussels should bring forward the phaseout of free EU Aviation Allowances (EUAAs) by one year, thus enabling full auctioning by no later than 2026, according to the European parliamentarian in charge of steering reforms to the bloc’s emissions trading system for airlines.
Read MoreMEPs propose setting a floor level for new ETS-linked social fund -media
The EU’s new Climate Action Social Facility should pay out a minimum of €72.2 billion to support poorer households rather than be fully linked to prices in the bloc’s second carbon market, media reported on Tuesday, citing a draft report set to be tabled by senior lawmakers.
Read MoreKey lawmaker seeks to curb flexibilities for EU nations’ 2030 climate goals
EU member states should pursue emissions-cutting efforts in non-ETS sectors without resorting to flexibilities that may keep longer term targets out of reach, according to the lead parliamentarian for the bloc’s revised Effort-Sharing Regulation (ESR).
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