Last week the European Parliament adopted its position on the revision of the EU’s Emission Trading System (EU ETS) for the 2021-2030 period. Next week, EU environment ministers will try to reach an agreement on the reform deal. Time to take a fresh look at what is on the table, and what is at stake.
Last week, the European Parliament adopted its position on the revision of the EU Emissions Trading System (EU ETS). While overall the position falls short of a true reform, the EU lawmakers did decide to include shipping in the EU ETS in the absence of climate action at the global level, and strengthened the rules for the aviation sector.
The European Commission last week finalized a decision to reduce the amount of free pollution permits handed out to energy intensive industry for the period up to 2020. This decision comes at a time when the European Parliament and EU ministers are deliberating over how many pollution permits heavy industry should get for free after 2020.
Ahead of the plenary vote on Emissions Trading System reform, please join us for lunch on Tuesday 31st January to discuss the cement sector’s place in the low-carbon transition. Proposals from the ENVI Committee include the introduction of Border Adjustment Measures; please join our panel to discuss how the proposals will effect low-carbon cement.
Strasbourg, 15 December 2016. Today members on the European Parliament’s environment committee voted on the revision of the EU’s Emission’s Trading System (EU ETS). The vote enables faster cuts in Europe’s carbon pollution but falls short of putting a halt on free handouts to polluters. The EU ETS is the world’s largest carbon market and …
Read more “Europe’s emissions trading system lives to fight another day”
The cement sector is responsible for 5% of global greenhouse gas emissions. In Europe, the sector emits more greenhouse gases than the whole Belgian economyi. In light of the Paris Agreement objectives, the cement industry will need to achieve deep emission reductions in the coming years. The EU’s main instrument to decarbonise cement – the EU ETS – has however failed to deliver this so far: By subsidizing pollution, there has hardly been a sufficient economic incentive to leverage emission cuts in the cement sector.
This report interprets the findings of an updated CE Delft study that shows how energy-intensive companies in 20 European countries have massively profited from their pollution because they are deemed at risk of “carbon leakage”. “Carbon leakage” refers to the hypothetical situation where companies transfer production to countries with weaker climate policies in order to lower their costs. Under the current EU Emissions Trading System (EU ETS) rules, industrial companies that are believed to be at risk of “carbon leakage” are awarded free emission allowances.
November 2016 Dear Members of the European Parliament’s Committee on Environment, Public Health and Food Safety, We, the undersigned, 31 organisations and networks working on a coal free Europe call on you to vote for a meaningful revision of the EU’s Emission Trading System (EU ETS) that supports the rapid decarbonisation of Europe’s energy systems …
November 30th, 08:30 – 10:30 Breakfast reception 08:30 Programme 09:00-10:30 Mr Jakop Dalunde, Member of the European Parliament – Opening remarks Mr Dylan Tanner, Executive Director, InfluenceMap – InfluenceMap Report “European Cement and Carbon Pricing Regulatory Risk” Dr Agnes Brandt, Senior EU Policy Officer, Carbon Market Watch – CE Delft /CMW Report “Cement’s pollution windfall from the EU ETS during …
Read more “EU ETS Breakfast Event: Unsticking the cement sector’s low-carbon potential”
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