EU carbon prices are set to double by 2021 and could quadruple to €55 a tonne by 2030 if the European Union aligns its emissions targets with the Paris Agreement on climate change, according to a new report published on Thursday (26 April).
European producers were singled out among the worst performers in a new environmental ranking of the world’s largest publicly-listed cement companies, published on Monday (9 April).
The recently adopted reform of the EU Emissions Trading Scheme (EU ETS) is insufficient to trigger cost-efficient decarbonisation of the economy, argue Christian Flachsland and Anna Leipprand. A carbon floor price that starts at a significant level and rises over time would address the problem, they write.
EU negotiators are split over the uses of a new clean technology fund ahead of talks on carbon market reforms on Wednesday (8 November), with the bloc keen for a deal this week to show leadership at UN climate talks in Bonn.
European lawmakers are meeting in Brussels on Thursday for (possibly) the final trialogue discussion on revisions to the EU Emissions Trading System (EU ETS). Now is the time to turn rhetoric into real action, urges Rachel Solomon Williams.
The European Union has offered Poland more room to subsidise the coal transition in ongoing talks on reforming the Emissions Trading System (ETS), the EU’s flagship instrument to fight global warming, a move that sent alarm bells ringing among environmentalists.
Petroleum refiners have teamed up with other energy-intensive industries to warn about EU plans to hike the cost of emitting carbon dioxide, echoing previous warnings about "carbon leakage" which critics say have failed to materialise.
Doubts about the effectiveness of the European Union’s Emissions Trading System (ETS) resurfaced on Tuesday (19 September) at an energy conference in Estonia, as a low carbon price continues to stymie energy market efforts.
The energy transition requires deep CO2 emissions cuts of 80-95% across the economy by 2050, says Kristian Ruby. “And the current proposal won’t get us there,” he told EURACTIV.com as three-way talks to reform the EU Emissions Trading Scheme get underway.