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. The EU ETS must significantly raise its 2030 targets, lower its emissions faster than planned, and remove surplus allowances from the market.
An online workshop organized by ZERO looked into the factors influencing the evolution and volatility of the EU ETS carbon price, against the backdrop of…
Designing a sound EU carbon market for buildings and transport
An online workshop organised by ZERO explored the intricacies of the proposed EU Emissions Trading System (ETS) for buildings and road transport. This so-called ETS2…
The Green Tank and the Energy Planning & Sustainable Development Group of the National Observatory of Athens (IERSD/NOA) co-organised an online panel discussion entitled ‘Quo…
Are you familiar with the EU’s Emissions Trading System? If you are not, don’t worry – we’ve got you covered. Our handy ETS 101 guide…
In January 2022, MEP Peter Liese, the European Parliament’s rapporteur on the proposed revision of the EU’s Emissions’s Trading System, published his draft report in…
The European Parliament’s Environment Committee is currently considering the European Commission’s carbon border adjustment mechanism (CBAM) proposal. But while most of the debate focuses on free allowances, it is crucial to tighten the provisions on the power sector.
EU politicians, academics, and speakers on behalf of industry, civil society and labour unions came together, on 25 January 2022, to discuss the role of…
