Schlagwort: ets

März 01

Member States agree on general approach on post-2020 ETS reform

The Environment Council has agreed a general approach on reforming the Emissions Trading System after 2020.

Member States proposed to strengthen the Market Stability Reserve, a facility designed to take excess carbon permits out of the market from 2019 onwards. The rate at which it will take permits out of the market would be doubled. And permits stored in the reserve would be cancelled if a certain threshold is reached.

The linear reduction factor will remain at 2.2%, up from 1.74% today, in line with the Commission’s original proposal.

Dez. 15

WindEurope welcomes ENVI Committee vote to reform ETS

On 15 December, the European Parliament’s Environment Committee passed a series of changes to the Emissions Trading System, a majority of which would come into effect after 2020.

These include:

Measures to speed up the removal of pollution permits from the market. The committee agreed to increase the annual linear reduction factor from 2.2% to 2.4% in an effort to better address the EU’s long term decarbonisation objectives.
Doubling the take-out rate of the Market Stability Reserve (MSR) from 12% to 24% for the period 2019-2022 to reduce the EU ETS surplus.
Cancelling 800 million allowances from the MSR in January 2021.
Cancelling up to 200 million allowances.
Transferring auction allowances to the innovation fund.