NGOs are concerned that measures outlined in NSCPs will be insufficient to protect those most vulnerable to ETS2 prices. National governments must prioritise completing their plans as soon as possible, but not at the expense of meaningful stakeholder engagement.
In 2012, it was undoubtedly the main reason for backing down: the EU had dropped its plan to cover all flights departing from and arriving in Europe under its carbon market scheme, following intense pressure from industry and major economies, not least the United States. It was the infamous ‘stop the clock’ to the full scope under the EU Emissions Trading System (ETS).
Although the European Commission has consulted with a wide range of stakeholders to investigate how to slash emissions from the agrifood sector in the 2030s, the options on the table indicate that the EU is not serious about tackling the roots of the issue.
The EU’s Emissions Trading System is essential to meeting the European Union’s 2040 climate target. Watering the EU ETS down with international carbon credits or carbon removals will prove fatal, concludes a study commissioned by Carbon Market Watch. Under pressure from industry and pro-business stakeholders, the European Commission has been toying with ways to water …
Read more “Flexibilities in 2040 target risk breaking the EU carbon market – study”
The report calls for a phased reduction in international credit use within K-ETS, increased focus on domestic emission reductions, and alignment with best practices from systems like the EU ETS. Strengthening the environmental integrity of K-ETS is essential to achieving South Korea’s climate goals and ensuring the global credibility of the country’s climate action by putting in place and implementing robust and effective policies.
Everyone concerned about the health of the planet and of our democracies needs to stand with European green groups as we resist a concerted political campaign to defund us.
The demand of airlines to ground or delay two flagship EU climate policies for the aviation sector would result in soaring emissions, delay decarbonisation and hurt the European Union’s efforts to become a clean tech leader. The EU must hold steady on its course.
Signatories believe that to better prepare member states for the implementation of ETS2, early access must be granted to revenue before the system begins in 2027.
Signatories believe that to better prepare member states for the implementation of ETS2, early access must be granted to revenue before the system begins in 2027.
Stay in touch and receive our monthly newsletter, campaign updates, event invites and more.
