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Image header Agence Europe
Europe Daily Bulletin No. 13634
Contents Publication in full By article 30 / 35
NEWS BRIEFS / Climate

28 May will see European Commission publish total number of allowances in circulation on European carbon market in 2024

06/05/25 (Agence Europe) – At 6pm on Wednesday 28 May, the European Commission will publish the total number of allowances in circulation (TNAC) on the EU carbon market in 2024, it announced on Monday 5 May. This annual publication is crucial to the proper functioning of the Market Stability Reserve (MSR) of the Emissions Trading System (ETS), since it determines whether allowances can be withdrawn from the auction volume and placed in the reserve, or, on the contrary, whether they are...

Contents

SECTORAL POLICIES
ENERGY: European Commission will present its legislative proposal in June for a complete phase-out of Russian gas imports by end of 2027
CLIMATE: 2040 target – questioned by MEPs, Wopke Hoekstra supports an approach based on science and flexibility
ENVIRONMENT: European Parliament protects farmers in own-initiative report on ‘Water Resilience Strategy’ put to plenary vote
COHESION: European Court of Auditors criticises mid-term review of cohesion policy
TOURISM: Apóstolos Tzitzikóstas wants to provide modern, secure, and sustainable port infrastructure and facilities
JUSTICE: EU Fundamental Rights Agency presents overview of European agencies’ coordinated response in support of Ukraine
DIGITAL: European Commission postpones publication of ‘General-Purpose AI Code of Practice’ until next summer
AGRICULTURE: commercial practices – MEP Stefano Bonaccini wants to flesh out proposal
AGRICULTURE: European Coordination Via Campesina calls for ambitious budget for post-2027 CAP
MIGRATION: return of migrants staying illegally in EU – UNHCR welcomes new draft regulation but makes several recommendations
EUROPEAN PARLIAMENT PLENARY
TRANSPORT/INDUSTRY: automotive – European Parliament approves urgent procedure for voting on flexibility measures concerning CO2 emissions
ENVIRONMENT: MEPs opt for urgency procedure on changing European protection status of wolves
BUDGET: EPP MEPs question use of joint borrowing suggested in European Parliament’s report on EU’s next long-term budget
UNITED STATES: European Parliament supports European Commission’s negotiating strategy with Washington
GREENLAND: future of Greenland belongs to Greenlanders, insist MEPs
COHESION: MEPs opposed to any reform that would centralise cohesion policy
REGIONS: European Parliament ratifies text on ‘Border Regions’ Instrument for Development and Growth’
FINANCE: European Parliament approves agreement with EU Council on benchmarks
SOCIAL: MEPs approve €8 million in aid for 2,400 Belgian workers under European Globalisation Adjustment Fund
EXTERNAL ACTION
FOREIGN AFFAIRS: EU relations with United Kingdom and United States, Ukraine and resilience on ‘Gymnich’ Council agenda
SECURITY - DEFENCE
DEFENCE: Andrius Kubilius believes funds allocated to EDIP are too low
SPACE: following announcement of cuts to NASA’s budget, ESA studies consequences for its programmes
ECONOMY - FINANCE - BUSINESS
ECONOMY: post-Covid-19 European Recovery Fund not truly performance-based budgetary instrument, says European Court of Auditors
INSTITUTIONAL
EUROPEAN PARLIAMENT: European Parliament political groups invited to vote on 8 May on creation of a committee of inquiry into European funding of green NGOs
EUROPEAN PARLIAMENT: European Parliament establishes European Order of Merit
COUNCIL OF EUROPE
MIGRATION: Commissioner for Human Rights calls for “zero tolerance” against pushback of migrants at Greek borders
NEWS BRIEFS
HUMANITARIAN AID: “Aid must resume immediately”, Kaja Kallas stresses in view of situation in Gaza
BOTSWANA: EU and Gaborone launch programme to support digital transformation
CHINA: EU and China must take advantage of 50th anniversary of relationship to “rebalance” their relations, according to Ambassador Jorge Toledo
CLIMATE: 28 May will see European Commission publish total number of allowances in circulation on European carbon market in 2024
DEFENCE: German Major General André Denk appointed Director General of European Defence Agency
DEFENCE: agreement between EIB and Euronext to help aerospace and defence companies go public
JUSTICE: European prosecutors Grażyna Stronikowska from Poland and Martin Bresman from Sweden give solemn undertaking before EU Court of Justice
RESEARCH: League of European Research Universities calls for bold, strategic investment in future of knowledge
TRANSPARENCY: European Parliament staff in positions of responsibility must disclose any meetings with lobbyists or diplomats