EU Emissions Trading System

News
28 Mar 2018

Carbonkiller buys out the bubble!

Carbonkiller is an initiative by the Dutch environmental organisation WISE that allows anyone to buy and destroy emission permits from the massively oversupplied European carbon market with the aim to raise the price and to increase public engagement in one of Europe’s key climate tools. The EU’s Emissions Trading System (EU ETS) is Europe’s key…

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Opinion
By Kaisa Amaral on 6 Feb 2018

Floor prices are necessary to support weak EU carbon market

EU has agreed on its carbon market rules for the 2021-2030 period, but carbon prices will remain below levels required to achieve the Paris climate goals. Meaningful and rising carbon floor prices either at the national or regional level would speed up pollution cuts by incentivising low carbon investments and making coal financially unattractive. This…

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Briefings
8 Dec 2017

Beyond the EU ETS: Strengthening Europe’s carbon market through national action

Executive summary In autumn 2017, the EU Member States and the European Parliament agreed on the revision of the EU Emissions Trading System (EU ETS), setting out the scheme’s rules for the 2021-2030 period. The EU ETS aims to put a price on carbon by requiring installations across Europe to surrender allowances reflecting their level…

Opinion
By Gilles Dufrasne on 29 Nov 2017

Swiss-European carbon market link: An omen for future ties?

After six years of negotiations, the European Union and Switzerland have signed an agreement to link their carbon markets. This means that Swiss industries will be able to use European emission allowances and vice versa. The deal is significant in its symbolic nature as it is the first time that two Parties to the Paris…

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Policy Submissions
15 Nov 2017

Response to impact assessment of the carbon leakage list for the period 2021-2030

The assessment of the carbon leakage list for the post-2020 period will need to be informed by the performance of the carbon leakage provisions to date. So far, the excessively generous handout of free permits has resulted in over 25 billion euros windfall profits (e.g. the polluter has been paid, rather than having been made…

Letters
8 Nov 2017

Joint NGO statement: Being serious about the Paris Agreement

Stop the ETS funding coal, Start a meaningful carbon price This Agreement […] aims to […] making finance flows consistent with a pathway towards low greenhouse gas emissions and climate-resilient development. Paris Agreement, Article 2(1)c We, the undersigned, urgently appeal to Representatives of European Parliament, Council and the European Commission to ensure that European power…

News
By Kaisa Amaral on 6 Nov 2017

Will Europe’s key climate tool become a fossil fuel subsidy scheme?

This week, the UN climate talks continue in Bonn on how to implement the landmark Paris climate change Agreement. At the same time in Brussels, the EU’s Emissions Trading System (EU ETS) revision is drawing to an end. The biggest carbon market in the world, the EU ETS should lead by example, promoting a just…

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Press release
18 Oct 2017

EU delays climate action for international flights

Updated 19 October to amend the “notes to editors”   BRUSSELS 18 October 2017. Today, the EU Member States together with the European Commission and the European Parliament reached a provisional deal on aviation’s role in the EU carbon market. Lawmakers chose not to make airlines pay more for their pollution and postponed the date to…

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Opinion
By Gilles Dufrasne, Femke de Jong on 18 Sep 2017

European industry must become low-carbon to remain competitive

Low-carbon transition and digitisation are key priorities for the future of the European industrial sector, says the European Commission in a paper released today. However, current policies are inadequate to achieve a low-carbon future: industry’s greenhouse gas emissions have barely reduced in the last five years and this trend is projected to continue without further…

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