Negotiators in the EU Parliament’s Environment Committee have reached an agreement on the use of CO2 allowances from the Market Stability Reserve to finance the REPowerEU program. Unlike the EU Commission, the Parliament could come out in favor of not using MSR allowances to finance the program intended to make Europe energy independent of Russia. […]
UN Secretary-General António Guterres used strong language in his speech to the UN General Assembly on Tuesday to call for a tougher stance against fossil fuel companies. He took particular aim at the financial sector and the fossil fuel industry’s “public relations machine” in his criticism: “Banks, private equity firms, asset managers and other financial […]
The German government wants to postpone the increase of the national carbon price in the Fuel Emissions Trading Act (BEHG) by one year. As part of the third relief package, it was announced that the levy of currently €30 would not be raised to €35 per metric ton of CO2 until January 1, 2024. Accordingly, […]
To achieve the carbon reduction targets of the Green Deal and the Fit for 55 package, the European Aviation Safety Agency (EASA) is calling for more ambitious intra-sector targets for aviation. These include measures to expand the supply and use of sustainable aviation fuels (SAF).In this year’s European Aviation Environmental Report, EASA recommends faster approval […]
After the Commission presented a proposal to reform the electricity market to reduce electricity and gas prices last week, the Czech Council Presidency handed in the first compromise proposals. Although the draft states that the electricity price cap should be €180 per MWh, member states have the option to introduce a higher cap if generation […]
In 2021, the EU imported nearly 138 million tons of agricultural products. A study citing recent data from the UN Food Waste Index shows that at the same time, the EU wastes 153.5 million tons of food each year. “At a time of high food prices and a cost of living crisis, it is a […]
In a resolution adopted by the EU Parliament on Thursday, a large majority of MEPs called on the Commission to step up efforts to fight climate change. Therefore, the Commission should propose a “comprehensive, ambitious and legally binding European climate adaptation framework” aimed in particular at the EU’s most vulnerable regions, according to the resolution.In […]
The Czech presidency is apparently ready to adjust the EU’s climate target. An internal draft of Council conclusions in preparation for the UN Climate Change Conference in Sharm el Sheikh (COP27) states that it is ready to adjust the nationally determined contribution (NDC) to global emissions reductions. Participating countries at COP27 are urged to raise […]
Parliamentary rapporteurs reached a breakthrough in negotiations for the development of a European charging infrastructure (AFIR) on Wednesday. As Europe.Table has learned from parliamentary circles, most of the outstanding issues were clarified at the last shadow meeting.For example, prices must be charged per kilowatt hour (EVs) or kilogram (hydrogen) and be transparent and comprehensible for […]
ETS Reform: rebasing and LRFThe trilogue negotiations on the reform of the European Emissions Trading System (ETS) are gaining renewed momentum with the resumption of political activity in Brussels. Although negotiations officially began before the summer break, at the first meeting the co-legislators merely restated their positions (Europe.Table reported).The topic will be what contribution the […]