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Europe Daily Bulletin No. 12552

4 September 2020
SECTORAL POLICIES / Climate
Commission would consider sharply reducing free allowances for majority of industries through ETS
Brussels, 03/09/2020 (Agence Europe)

Out of 52 industries covered by the European Union's Emissions Trading Scheme (ETS), 43 could face a maximum reduction in the benchmark used to determine their free greenhouse gas (GHG) emission allowances, according to a draft European Commission document dated 30 June.

By lowering the cost of compliance of ETS industries with emission reduction requirements, free allowances are expected to prevent European industries from being too disadvantaged compared to international competitors that...

Contents

SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
EU RESPONSE TO COVID-19
SECURITY - DEFENCE
EXTERNAL ACTION
COURT OF JUSTICE OF THE EU
COUNCIL OF EUROPE
INSTITUTIONAL
NEWS BRIEFS