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ETS Revision for Phase IV. The EU ETS under trilogues
13 13+01:00 September 13+01:00 2022 @ 10:30 - 12:00
This is a hybrid event, both in person and online. We look forward to seeing as many people as possible in person.
The ETS has emerged as the backbone of the EU Climate Action and, especially in the last two years, as a crucial driver of decarbonisation. The Commission proposal to review the EU ETS Directive aims at aligning the emissions pathway of the ETS sectors with the new EU climate targets. Throughout the next decade, the ETS is required to both enable a deep decarbonisation of the power sector and to tackle industry’s emissions, while avoiding carbon leakage.
The ENVI Committee adopted on 22 June their position on the file ahead of the beginning of the trilogues while the Council adopted it on 28 June.
The roundtable discussed key takeaways from the current EU ETS state of play and provided an opportunity to exchange views on the negotiation process.
The presentation of the main elements of the EU ETS State of Play was followed by a 5-minute initial intervention per speaker, and by a discussion with relevant stakeholders intending to encourage a debate on the following questions:
- Is setting a cap on carbon price an effective measure under the current context of high prices of electricity and gas?
- What should be the role of compliant and non-compliant entities in the EU Carbon market?
- What is your opinion about using the revenues from the EU ETS to finance RePower EU?
- How do you foresee the extension of carbon pricing to road transport and building?