On the occasion of the European Parliament’s vote on the reform of the EU Emissions Trading System, he environment committee had sent a hard-won compromise deal to the plenary, but it got sabotaged there with the reintroduction of amendments from other committees
In an unexpected turn of events in the European Parliament, a watered-down carbon market package was rejected by a majority of MEPs. The review of the EU Emissions Trading System (EU ETS) Directive was referred back to the Environment Committee and will now overlap
The European Union must hold firm and act now to live up to its commitment to future generations by taking concrete steps to phase out free pollution permits under its Emissions Trading System
Despite some progress and a number of hardwon victories for the climate, MEPs on the European Parliament’s environment committee failed to raise the ambition of the EU’s Emissions Trading System (EU ETS) to a level that would avoid catastrophic temperature rises.
If the European Union does not significantly strengthen its reformed flagship Emissions Trading System (EU ETS), it risks fuelling planetary heating that will exceed 1.5°C and even missing its own inadequate targets, two simulations show.
Slovakia’s Deputy Prime Minister Richard Sulík has a surreal idea for emptying Vladimir Putin’s war chest. “We should lower energy prices… We should suspend CO2 trading, because that drives up energy prices,” he opined
Carbon removals will become a vital tool for reducing carbon concentrations in the atmosphere but only massive cuts in emissions will give humanity a fighting chance of keeping global heating to 1.5°C or below, says the UN’s Intergovernmental Panel on Climate Change (IPCC). The
We can draw vital lessons from the functioning of the EU’s current Emissions Trading System to expand it to the building and transport sectors in a way that serves the climate and advances social justice. In its current shape, the EU’s Emissions Trading System
Rather than propose amendments to the EU’s Emissions Trading System that would take the heat off the climate and serve society, European parliamentarians are squabbling over the quantity of freebies to offer polluting industries. The process of revamping the EU’s Emissions Trading System is
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