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Europe Daily Bulletin No. 13912

Contents Publication in full By article 1 / 32
CLIMATE/ENERGY PACKAGE
CLIMATE: with revision of Emissions Trading System, European Commission opts to scale back ambition of EU carbon budget

On Friday 17 July, the European Commission presented its long-awaited revision of the CO2 Emissions Trading System (ETS), together with its action plan for the electrification of the European economy (see EUROPE B13912A6).

The ‘ETS’ system is the European carbon market, which covers emissions from most industrial sectors as well as aviation and maritime transport. It has been rolled out in four phases since its launch in 2005, and the revision is intended to align it with the European...

Contents

CLIMATE/ENERGY PACKAGE
CLIMATE: with revision of Emissions Trading System, European Commission opts to scale back ambition of EU carbon budget
CLIMATE: European Commission proposes amending market stability reserve to absorb fewer CO2 emission allowances in response to market tightening
CLIMATE: ETS revision - European Commission banking on far more generous distribution of free carbon emission allowances
TRANSPORT/CLIMATE: ETS - European Commission wants to extend carbon market to certain international flights and support investment in sustainable fuels
AGRICULTURE/CLIMATE: European Commission paves way for use of ETS revenue to support farmers
ENERGY: to reduce its dependence on fossil energy, EU will have to double its electrification rate by 2040
ENERGY: European Commission proposes lower taxation on electricity than gas
SECTORAL POLICIES
JUSTICE: European ministers support data retention for law enforcement purposes
FOOD SAFETY: Irish Presidency of EU Council suggests relaxing provisions on pesticide residues
AGRICULTURE: EU Member States approve €540 million in emergency support
AGRICULTURE: European Commission sets out conditions for national aid in event of crisis in wine sector
HOME AFFAIRS/MIGRATION: Frontex and Europol sign new working arrangement incorporating safeguards on personal data protection
MIGRATION: European Commission hails EU Facility for Refugees in Türkiye for “significant results” it has produced since its launch
DIGITAL: Teresa Ribera rejects Google’s criticism over sharing of its search data in name of security
ECONOMY - FINANCE - BUSINESS
BANKS: strengthening competitiveness of European banking sector to require greater market integration, proportionate and simplified rules
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
RULE OF LAW: 2026 report - European Commission notes still mixed progress and further tightens links with access to EU funding
SOCIAL AFFAIRS - EMPLOYMENT
EMPLOYMENT: Quality Jobs Act - European Commission preparing to sound out European social partners again
Russian invasion of Ukraine
RUSSIA: EU sanctions five entities and one person from Russian military-industrial complex in retaliation for deadly strikes on Kyiv
EXTERNAL ACTION
SYRIA: EU welcomes holding of inaugural session of People’s Assembly
TRADE: European Commission publishes proposals to reform World Trade Organization
SECURITY - DEFENCE - SPACE
CSDP: EU and Djibouti step up cooperation on maritime security
NEWS BRIEFS
STATE AID/CLIMATE: Commission publishes State aid guidance on carbon contracts for difference
CENTRAL ASIA: EU and five Central Asian countries held their 13th Political and Security Dialogue
EUROPEAN COMMISSION: Tomas Anker Christensen appointed Principal Adviser and EU Special Coordinator for Global Clean Transition within DG ENER
EUROPEAN COMMISSION: Marko Makovec becomes Principal Adviser for Reconciliation and Normalisation Western Balkans in DG ENEST
FUNDAMENTAL RIGHTS: Commission registers two European citizens’ initiatives on citizenship education and “housing for all”
ECONOMY: inflation confirmed at 2.8% in June in euro area
ENERGY: Ursula von der Leyen says nuclear energy will be included in EU data centres’ sustainability label
ENVIRONMENT: ban on destroying unsold clothing and footwear enters into force in EU
MONTENEGRO: Montenegro appoints remaining two judges to Constitutional Court, key step towards EU accession
CSDP: Antero Alfarela Oliveira Lopes appointed head of EULEX Kosovo
EEAS: Germany and France call for reform of EU internal organisation on external action