carbon leakage

The new pact between manufacturing industry and the climate

Change Partnership’s new report – Reducing the ETS surplus: The new pact between manufacturing industry and the climate – outlines one of those rare opportunities where an industry-friendly improvement also has the biggest improvement on the environment.

Based on modelling from Thomson Reuters, the report concludes that nearly 700 million ETS tonnes can be reduced from the surplus by reducing the proposed 2021 auctioning share from 57% to 52%. Importantly, this would incentivise the electricity generation sector to decarbonise at […]

By |June 28th, 2016|carbon leakage, Climate Change, EU 2030, EU ETS|0 Comments

Latest leak of 2030 Council Conclusions

With less than 10 days to go to the European Council governments are edging closer to a deal as this latest leak of the Council conclusions, dated 13 October, indicates. The key points are:
– 40% GHG target is now almost accepted with only a few governments seeking a lower target. The ETS is to deliver 40% reductions by 2030 from 2005 emissions and non-ETS sectors 30% reductions.
– The ETS linear reduction will move from 1.74% to 2.2% .
– Innovation will […]

Shattering the myth of carbon leakage

Change Partnership’s response to the European Commission’s consultation on carbon leakage provisions post 2020 can be viewed here. This is the most controversial area of EU climate policy. The myth of ‘carbon leakage’ is the main reason why the wrong climate targets are set and perversely and why companies are subsidised for their pollution rather than having to pay for it.
There are three things to note:
i) there is no evidence of ‘leakage’ having taken place in the period 2005-2012 according […]

By |July 31st, 2014|carbon leakage, Climate Change, EU 2030|0 Comments

Leak of June Energy Council conclusions

Donald Tusk’s drive to create an Energy Union has taken a body blow in this leak of the Energy Council conclusions. Paragraph 7a stresses the need for “…the Commission and the Member States to examine the potential for measures to strengthen the bargaining power of the EU and its Member States vis-à-vis external suppliers.” This falls considerable short of Tusk’s proposals but there is still a long way to go until the June Energy Council and October European Council where this […]

By |May 22nd, 2014|carbon leakage, Climate Change, Energy, environment, Leak|0 Comments

EEAG Leak – Germany, France, Italy and UK threaten to kill State Aid guidelines

Following on from our leak of the EEAG State Aid guidelines, the politics of the debate has gone up to a new level as Germany, France, Italy and the UK come out strongly against playing by EU rules. This confidential letter on the EEAG demands the Commission relax EU rules to allow these governments to set up their own rules on who they are going to subsidise in their industrial sectors.
They ignore the problems we face collectively when common rules are […]

By |March 28th, 2014|carbon leakage, Climate Change, Energy, Leak|0 Comments