Waiving responsibility: EU-US trade truce in conflict with climate action

by Khaled DiabEU carbon market, The EU Green Deal and Climate LawPosted on Comments are Disabled

Misguided attempts by Brussels to appease the Trump administration on trade are not only futile but also run counter to the EU’s environmental responsibility and undermine the bloc’s climate action. With a view to ending the escalating tariff war, the European Union and the United States signed last week a framework agreement on trade which …

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Managing the risk of a high ETS2 carbon price for households

by Eleanor ScottEU carbon marketPosted on Comments are Disabled

A dangerous approach to addressing high ETS2 prices would be to reform the Market Stability Reserve prematurely – before the real price signal and emission levels in the market become clear and without considering the environmental implications of the additional allowances that would enter the market and risk exceeding the ETS2 emissions cap.

US and international pressure got aviation a 13-year pass on climate – now the EU must end it

by Bastien Bonnet-CantalloubeAviation, Climate finance, Decarbonising European industry, EU carbon marketPosted on Comments are Disabled

The EU Emissions Trading System (ETS), which requires polluters to pay for their emissions, was a world first, yet international aviation emissions are still exempt from ETS pricing despite their huge climate damage. The EU must now bring international aviation back under regulation, stand up for its values and reaffirm its role as a global climate action leader.