EU co-legislators to begin trilogue talks on ETS reforms in mid-July -sources
EU legislators are striving to avoid any delays on ETS reforms, with inter-institutional talks set to start as early as July, a senior diplomat told Carbon Pulse on Thursday, just two days after member states reached a unified approach on five key Fit for 55 climate policy proposals.
Read MoreEU ministers reach agreement on climate bills after talks run late
EU nations agreed a united line on five climate policy reform proposals after intense talks that stretched for over 16 hours into the early hours of Wednesday, with ministers stumbling on thorny issues such as the size of the Social Climate Fund (SCF) and an ETS price controlling mechanism tasked with curbing sudden price hikes.
Read MoreEU nations seen sticking close to Brussels on current ETS, split over ETS2 funds
EU ministers arrived in Luxembourg on Monday for two-day talks to reach a united position on several Fit for 55 (FF55) climate policy reform proposals, aiming to keep pace with the European Parliament in the two-track legislative process.
Read MoreEuropean nations win treaty ‘carve out’ to curb protection for fossil fuels
The 54 nations signed up to the Energy Charter Treaty struck a provisional agreement on Friday that would enable European nations to limit protections for fossil fuel projects as they strive to cut emissions, though green groups said the deal was riddled with loopholes.
Read MoreEU nations seek to delay ETS2, discard ‘diversified’ approach -leaked draft
EU nations are sticking to their line that the proposed carbon market for transport and buildings should be delayed by a year to 2027, according to the latest leaked draft seen by Carbon Pulse on Thursday, a week ahead of when the governments are due to reach a united position on several climate bills.
Read MoreFit for 55: Reactions to the EU Parliament’s repeat vote on ETS-related proposals
Selected reactions to the European Parliament agreed positions for three closely-related proposals under the EU’s Fit for 55 climate policy package: the EU ETS review, the Social Climate Fund, and the carbon border adjustment mechanism (CBAM) proposal.
Read MoreEU could tap ‘hidden treasure’ by cutting carbon market’s free allocation, says Delbeke
The EU could consider phasing out free allowances in the EU ETS more quickly to help meet the bloc’s greater investment needs in the aftermath of Russia’s invasion of Ukraine, the European Commission’s former top climate official told a conference on Tuesday.
Read MorePREVIEW: Germany’s G7 climate club plans remain hazy amid energy security woes
With G7 leaders due to gather in less than a week in the Bavarian Alps, many expect Berlin to champion a long-trumpeted idea of a climate club to spur climate cooperation beyond the EU.
Read MoreProspects for EU ETS reform compromise improve ahead of repeat Parliament vote
The chances of a European Parliament compromise on EU ETS reforms appear to have improved as a crunch vote looms this week, amid few fresh amendment submissions and as one well-placed source suggested that a fourth political group may also support the move.
Read MoreEU lawmakers should rethink ETS2 options to protect the poorest –study
EU legislators should consider alternative options to adequately ensure vulnerable citizens don’t end up worse off due to the proposed parallel ETS on heating and road transport, according to a report by Germany-funded researchers.
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