The years of great climate ambitions are over for the time being. In its program, the Swedish Council Presidency, therefore, emphasizes, above all, the implementation of existing climate targets. The aim is to put Fit for 55 into practice and accelerate the energy transition, according to a statement from Stockholm.However, a few negotiations on climate […]
The phase-out of free carbon allowances for the industry had been the biggest battle, said a relieved Michael Bloss (Greens) on Sunday morning. Negotiators from the EU Parliament, Council and Commission reached an agreement earlier at 2 a.m. in the jumbo trilogue on the reform of the EU Emissions Trading System (ETS).It envisages that the […]
It was not all that long ago that parliamentary negotiators for the reform of European emissions trading (ETS) were enemies. When the first vote failed in June, parties and MEPs blamed each other for the embarrassment (Europe.Table reported).Six months later, there is no sign of these hostilities. On Friday morning, shortly before the start of […]
At just before 2 a.m. on Sunday, the deal for one of Europe’s most important climate action instruments was finalized: In a jumbo trialogue, the EU Parliament, the Council and the Commission agreed to reform European emissions trading in such a way that emissions will fall more quickly by 2030 and the carbon price will […]
Not just one legislative proposal, but three are to be negotiated this weekend in a huge trilogue. At the center is the revision of the EU Emissions Trading System (ETS). But inextricably linked to the ETS are the Carbon Border Adjustment Mechanism (CBAM) and the Social Climate Fund. To clarify all outstanding issues this year, […]
European climate policy is in for some decisive days: This weekend, the most important parts of the EU’s Fit-for-55 climate package are expected to be finalized in the trilogue. The negotiations will focus primarily on European emissions trading. Associated with this are talks on the Social Climate Fund and the Carbon Border Adjustment Mechanism (CBAM) […]
The climate club, which Olaf Scholz officially established as G7 chair on Monday, apparently offers no protection against international trade barriers such as the Carbon Border Adjustment Mechanism (CBAM). This was made clear by CBAM rapporteur Mohammed Chahim (S&D) on Tuesday. Shortly before, the trilogue reached an agreement on the scope and functioning of the […]
At 4:50 a.m., negotiators from the EU Parliament, Council and Commission reached an agreement on the introduction of the Carbon Border Adjustment Mechanism (CBAM). The agreement in the trilogue provides:scope: iron and steel, cement, aluminum, fertilizers, electricity, hydrogen, certain intermediate and derived products and indirect emissionsfull compatibility with WTO rulescentralized CBAM administration, with the Commission […]
In the night to Wednesday, negotiators from the EU Commission, Parliament and Council sealed another chapter of the Fit-for-55 package and agreed on the inclusion of air traffic in the European Emissions Trading System (ETS). According to their decision, only intra-European flights will initially be subject to a CO2 price from 2026.From 2028, flights with […]
Boeing is saying goodbye to the jumbo, the king of the skies, but the “jumbo” has only landed in Brussels. Next week, a completely new negotiation format will start in Brussels – the so-called Jumbo Trilogue. For three days, three institutions will negotiate three legislative proposals and if things go badly, there will be no […]