Airline ticket prices are soaring as a consequence of the recent crisis in the Middle East. This new analysis shows that European aviation’s dependence on fossil fuels is at the core of this spike in prices. The recent Middle East crisis underscores that European aviation’s greatest vulnerability is its fossil … [continued]
To: Ms. Teresa Ribera, Executive Vice-President for a Clean, Just and Competitive Transition; Mr. Wopke Hoekstra, Commissioner for Climate, Net Zero and Clean Growth; Mr. Apoltolos Tzitzikostas, Commissioner for Sustainable Transport and Tourism. We, the undersigned NGOs, trade unions, industry actors, industry associations and consumer associations, are joining forces to urge the … [continued]
Electrification, Energy Security and the Path to Europe’s 2040 Climate Target. The adoption of the EU’s 2040 climate target marks a turning point in European climate and energy policy. With the headline objective agreed, the central challenge shifts from setting ambition to delivering it — in a political and geopolitical … [continued]
China’s national carbon market has reached another expansion point, and the signal is larger than it first appears. The Ministry of Ecology and Environment has extended mandatory carbon reporting beyond the original heavy sectors to include petrochemicals, chemicals, flat glass, copper smelting, papermaking, and civil aviation. That move does not … [continued]
The leaked European Commission recommendation on electricity taxation landed quietly, but it said something that European energy policy has avoided stating plainly for decades. Electricity is still taxed and loaded with levies as if it were a polluting end product rather than the clean energy carrier Europe increasingly depends on … [continued]
Measures to keep ETS2 prices affordable. Weakening the car CO2 standards will only make the ETS2 more expensive. Here’s why: The Council and the European Parliament agreed to delay ETS2 by one year. Before the prospect of an ETS2 delay emerged, 2027 carbon price projections under the MSR reform ranged … [continued]
Loopholes in the European Commissions carbon price proposal lets millions of CO2 emissions off the hook
European emissions from coal fell by an impressive 11% in 2016, according to analysis of new figures published by the European Commission this week.
The European Commission has released a new set of proposals set to pave the way for the region’s “Energy Union.” The European Commission revealed a series of proposals on Wednesday that it hopes will “deliver a new deal for energy consumers … launch a redesign of the European electricity market … [continued]
Originally published on EnergyPost. By Emil Dimantchev Last year for the first time many of the CO2 allowances in the EU Emission Trading Scheme (ETS) were auctioned rather than handed out for free. Surprisingly perhaps, the EU member states used much more of the ETS revenues for low-carbon development than … [continued]
