France outlines stance on upcoming EU ETS reform
Paris has outlined its initial stance on the upcoming revision of the EU Emissions Trading System (ETS), due in July, saying that the scheme’s overall level of ambition must be considered alongside efforts in non-ETS sectors such as transport, buildings, and forestry, while pushing for up to 300 million carbon permits to remain in circulation in 2040.
Read MoreFrance to oppose adding municipal waste incineration to EU ETS
Paris intends to oppose the inclusion of municipal waste incinerators in the EU’s Emissions Trading System (ETS), in an outline of its initial views on the market’s upcoming revision, due in July.
Read MoreEU pressed to broaden context of ETS review amid industrial alarm
The upcoming revision of the EU’s Emissions Trading System (ETS) cannot stop at the cap trajectory and other technical adjustments, according to a Brussels think tank, which calls for deeper fixes to address Europe’s flagging economic competitiveness.
Read MoreBrussels unveils AccelerateEU plan to shield consumers from energy shock
The European Commission on Wednesday unveiled its “AccelerateEU” plan, pitching a toolbox of measures to shield households and industry from surging fossil-fuel costs caused by the Middle East war while channelling EU carbon market revenues into clean energy and electrification.
Read MorePolish business group wants to delay EU ETS2 “by several years”
Business & Science Poland (BSP) has urged EU policymakers to delay the launch of the bloc’s new Emissions Trading System for buildings and road transport (ETS2) “by several years”, while also calling for more “flexibilities” in the EU’s wider climate policy architecture.
Read MoreECS26: Price-based carbon market intervention can make EU ETS more reactive and predictable, experts say
As the EU carbon market becomes tighter, the ability to respond quickly to price swings will become essential in the coming years, experts told a recent conference, calling for price-based triggers to activate the Market Stability Reserve (MSR) instead of the current system based on verified emissions, which are published only once per year.
Read MoreBerlin floats using Article 6 units in EU carbon market to ease pressure on industry -media
Germany has proposed allowing international Article 6 carbon credits into the EU’s Market Stability Reserve as part of broader plans to retool the bloc’s Emissions Trading System (ETS) around industrial competitiveness, according to a document seen by Bloomberg.
Read MoreINTERVIEW: Lawmaker backs EU ETS price corridor to shore up green investment
French centrist MEP Pascal Canfin sees a price corridor for the EU Emissions Trading System (ETS) as a realistic way to marry market flexibility with the predictability investors need, telling Carbon Pulse it can be designed inside existing market rules without being challenged as a new tax.
Read MoreEU hits 40% emissions cut milestone, still short of 2030 target -EEA
EU greenhouse gas emissions dropped by 3% in 2024, pushing total net domestic reductions to 40% below 1990 levels, but still short of the bloc’s 55% target for 2030, the European Environment Agency (EEA) said in its annual submission to the UN.
Read MoreLEAK: EU to urge using ETS cash for electrification in response to energy shock
The European Commission will urge EU governments to channel revenues from the bloc’s emissions trading system (ETS) into electrification as part of its “Accelerate EU Energy Union” response to the energy shock caused by the Middle East conflict, according to a leaked draft seen by Carbon Pulse.
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