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Image header Agence Europe
Europe Daily Bulletin No. 11684
Contents Publication in full By article 10 / 35
SECTORAL POLICIES / Ets

CEO says ETS reform could lead to €230 billion in subsidies for polluting industries

The high-energy consuming industries are not sparing any efforts to reduce their influence on current legislation in their favour as part of the current reforms of the Emissions Trading Scheme (ETS) for the 2021-2030 period. They may also be able to benefit from more than €230 billion in subsidies under this reform, according to a report from the Corporate Europe Observatory (CEO) published on Wednesday 7 December.

This “Carbon Welfare” report was published on this issue during the...

Contents

ECONOMY - FINANCE - BUSINESS
TAXATION: Almost half of finance ministers want change in tax basis for country-by-country reporting
TAXATION: 'Sweetheart deals' on the increase since Luxleaks
COMPETITION: HSBC, Credit Agricole and JPMorgan Chase fined for manipulating EURIBOR
COMPETITION: Microsoft given conditional go-ahead for purchase of LinkedIn
SECTORAL POLICIES
INTERNAL MARKET: Council expects College of European Commissioners' decision on 'firearms' directive
JHA: No decisions expected from ministers, who will be discussing encryption and effective solidarity
AGRICULTURE: Commission forecasts expansion of EU milk sector over next decade
ENVIRONMENT: Informal inter-institutional agreement on new mercury regulation
BIODIVERSITY: Commission seeks to improve implementation of 'Nature' directives without touching them
ETS: CEO says ETS reform could lead to €230 billion in subsidies for polluting industries
ENERGY: Interinstitutional agreement on review of IGA transparency mechanism
ENERGY: Naftogaz turns to German regulator over OPAL gas pipeline
ENERGY: Gazprom wants to connect Turkish Stream with Poseidon
FISHERIES: Council-European Parliament external fleet talks could begin in March
FISHERIES: Inter-institutional agreement on collection of data on fisheries
FISHERIES: Disappointing meeting of South East Atlantic Fisheries Organisation
TRANSPORT: Bulc dismisses possibility of including road transport sector in revision of posted workers directive
EXTERNAL ACTION
SYRIA: British, French, German, Italian, American and Canadian leaders urge ceasefire in Aleppo
UKRAINE: ECA says European aid has limited impact
BURKINA FASO: EU pledges a further €800 million in support
MIDDLE EAST: Nearly €139 million more for Lebanon, Jordan and Iraq
VIETNAM: VCHR urges EU to put pressure on Hanoi to tackle human rights violations
YOUTH - EDUCATION
YOUTH: Europe wants to mobilise young people around common project
EDUCATION: European Parliament calls for simpler and more flexible Erasmus+ programme
INSTITUTIONAL
S&D: Gianni Pittella re-elected head of S&D group at European Parliament
EUROPEAN AGENCIES: European Parliament study assesses cost of 'non-Europe' at a billion euro
COUNCIL: New EUROPA premises for member states opens its doors
NEWS BRIEFS
GENERAL AFFAIRS: Priorities of three EU institutions for 2017
AGRICULTURE: No agreement on organics under Slovak Presidency of Council
DEVELOPMENT: Hungary joins OECD's Development Aid Committee
FINANCE: Member states endorse agreement on money market funds
FINANCE: European Parliament agreement on securitisation
JHA: New coast and border guard agency's rapid response force launched
MALI: Peter Devogelaere appointed mission commander of EUTM Mali
REGIONS: Regions concerned at lack of investment in Atlantic arc