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Image header Agence Europe
Europe Daily Bulletin No. 12964
Contents Publication in full By article 37 / 37
ADDENDUM / Climate/trade

Review of ETS, clarification of one-off reduction in number of allowances sought by Renew Europe and EPP

02/06/2022 (Agence Europe)Following an interview between some media, including EUROPE, and Peter Liese (EPP, Germany), the European Parliament’s rapporteur for the review of the EU Emissions Trading System, on Thursday 2 June, we would like to clarify the article entitled: “Final straightaway in European Parliament before a series of votes on ‘Fit for 55’ package”. Based on the words of Mohammed Chahim MEP (S&D, The Netherlands), Parliament’s rapporteur for the ‘Carbon Border Adjustment Mechanism’, we reported that the EPP and Renew Europe groups in the European Parliament had agreed on an amendment to reduce the number of emission allowances in circulation in the ETS by 80 million in 2024 (compared to around 117 million in the European Commission’s proposal) and then by 40 million in 2026. The amendment actually foresees a reduction of 70 million in 2024 and 50 million in 2026. (DG)

Contents

BEACONS
SECTORAL POLICIES
Russian invasion of Ukraine
SECURITY - DEFENCE
EXTERNAL ACTION
EMPLOYMENT
EU RESPONSE TO COVID-19
INSTITUTIONAL
COURT OF JUSTICE OF THE EU
COUNCIL OF EUROPE
NEWS BRIEFS
ADDENDUM