PREVIEW: After ‘patchy’ progress, EU ministers meet to discuss ‘Fit for 55’
EU nations are struggling to get to grips with Brussels’s ‘Fit for 55’ climate policy package, the outgoing Slovenian presidency warned on Friday ahead of a meeting of environment ministers next week.
Read MoreEU leaders deadlocked on carbon market intervention, energy prices
EU leaders on Thursday failed to reach agreements on whether to intervene in the bloc’s carbon market and how to respond to sky-high energy prices, with the issues pushed to their next quarterly meeting.
Read MoreEU’s Modernisation Fund grants €898.43 mln in eight states since its go-live
The EU ETS-financed Modernisation Fund has disbursed a total of €898.43 million to fund eight countries since it was launched this year, the European Commission said on Thursday, with only Latvia and Slovakia yet to benefit from the cash pot.
Read MoreANALYSIS: EU plans for tougher emissions controls could ease path for parallel ETS
EU plans to tighten emissions regulations for buildings and transport could lower projected carbon prices for the bloc’s parallel emissions trading system, potentially easing lawmaker concerns that the proposed market will cause a political backlash.
Read MoreNGOs see free allocations, exports as key sticking points in EU’s CBAM talks
Free EUA allocation and provision for EU exporters are expected to be key sticking points as EU lawmakers grapple with the bloc’s proposed Carbon Border Adjustment Mechanism (CBAM), experts said on Monday.
Read MorePolish calls for ETS intervention likely to be sidelined by EU chiefs despite Czech backing
Poland’s calls for EU ETS intervention are unlikely to gain traction at this week’s EU leaders’ summit, even as a Czechia minister said Prague may support the move, according to EU and observer sources on Monday.
Read MoreWestern Balkan nations commit to launch carbon pricing by 2026
Western Balkan nations have committed to imposing carbon pricing by 2026, a timeframe matching the expected go-live of the EU’s carbon border adjustment mechanism (CBAM), according to a decarbonisation roadmap formally adopted by six governments.
Read MoreFrance vows to fast-track deal on CO2 border measure under EU presidency
French President Emmanuel Macron said on Thursday he will seek adoption of the EU’s proposed carbon border adjustment mechanism (CBAM) by the middle of next year, a clear signal that the proposal will be a priority for Paris within the wider climate agenda.
Read MoreEU lawmakers eye quicker entry of shipping into ETS as clean-up costs mount
Senior EU Parliamentarians want shipping to be phased in to the bloc’s ETS more quickly than proposed, the MEPs said this week as a study outlined the stiff challenge to decarbonise the sector.
Read MoreEU lawmakers at odds over short-term ETS intervention amid record-breaking rally
Two key EU parliamentarians were split over the likelihood of an intervention to try to curb prices in the EU ETS, a conference heard on Tuesday as prices hit new heights.
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