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Europe Daily Bulletin No. 12630

7 January 2021
Contents Publication in full By article 14 / 17
SECTORAL POLICIES / Climate
Weaknesses in benchmarks used for free allocation of allowances under ETS according to Sandbag
Brussels, 06/01/2021 (Agence Europe)

Benchmarks set under the European Union's Emissions Trading System (ETS) to calculate the free allocation of allowances for each installation covered by the ETS often support high-carbon incumbent installations at the expense of lower-carbon alternatives, says a report by think tank Sandbag, published on Tuesday 5 January.

A benchmark is a reference value for greenhouse gas (GHG) emissions that are related to a production activity. There are currently 54 such benchmarks and they are...

Contents

EU RESPONSE TO COVID-19
EXTERNAL ACTION
ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
NEWS BRIEFS