Austria targets carbon cost pass-through in power prices
Austria wants to improve transparency about which power plants set EU electricity prices and how Emissions Trading System (ETS) costs affect them, so countries can then opt to reduce the carbon price pass-through to lower electricity prices.
Read MoreFrance seeks EU CBAM derogation for its overseas territories
France has called for its overseas territories to be exempted from the EU’s Carbon Border Adjustment Mechanism (CBAM) fees on certain products, arguing that the measure would otherwise disproportionately impact their economies.
Read MoreINTERVIEW: “Quick fix” to EU carbon price achievable by end of 2026, says key lawmaker
A reform of the Market Stability Reserve (MSR), which helps to balance the supply of allowances in the EU carbon market, could be swiftly adopted by the end of the year, according to German lawmaker Peter Liese, who led the European Parliament’s last overhaul of the bloc’s Emissions Trading System (ETS).
Read MoreEuropean Commission to revisit including metals sector indirect emissions in EU CBAM from 2027
A senior European Commission official has said that the executive plans to revisit the debate on including indirect emissions for the metals sector in its Carbon Border Adjustment Mechanism (CBAM) in 2027.
Read MoreMember states’ EU ETS revenue reporting “unsatisfactory”, says senior Commission official
A senior European Commission official has said EU member states are not transparent about how they spend revenues from the Emissions Trading System (ETS) and that their reporting is often insufficient and sometimes misguided.
Read MoreEU energy ministers call for electricity market stability in letter to Commission
A group of European energy ministers has urged the European Commission to maintain stability in the EU’s electricity market rules, warning that major changes could undermine investor confidence and raise costs for consumers, amid pressure to reform the Emissions Trading System (ETS) to bring down power prices.
Read MoreEuropean lawmakers caution against amending Commission’s EU ETS2 MSR proposal
Members of the European Parliament cautioned against adding further flexibilities to the Commission’s proposed Market Stability Reserve (MSR) amendment for the Emissions Trading System for heating and transport (ETS2), saying it could eliminate the price signal and weaken the climate policy.
Read MoreEU proposes using carbon market revenues to support shipping decarbonisation
The European Commission will use proceeds from the sale of 20 million EU Emissions Trading System (ETS) allowances under the Innovation Fund to finance maritime decarbonisation through 2030 and may consider creating a dedicated ETS mechanism for the sector, it announced Wednesday as part of a new maritime and ports strategy.
Read MoreItaly, France criticise proposed EU decarbonisation fund, call for stable ETS prices
Italy and France criticised the European Commission’s proposed temporary fund to support exporters at risk of carbon leakage, calling it insufficient, and urged a revision of the EU carbon market to improve price stability and predictability, according to a joint statement on Tuesday.
Read MoreEU climate chief rules out suspending fertilisers from CBAM
European Climate Commissioner Wopke Hoekstra has ruled out suspending the EU’s Carbon Border Adjustment Mechanism (CBAM) for fertilisers, saying the bloc will instead address potential price increases through a dedicated sectoral action plan.
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