Today, Change Partnership and other NGOs called for legislators on the EU ETS to ensure that climate policy should not be used to finance coal.

The statement says:
Being serious about the Paris Agreement:
Stop the ETS funding coal,
Start a meaningful carbon price
This Agreement […] aims to […] making finance flows consistent with a pathway towards low greenhouse gas emissions and climate-resilient development.
Paris Agreement, Article 2(1)c

We, the undersigned, urgently appeal to Representatives of European Parliament, Council and the European Commission to ensure […]

By |November 8th, 2017|Climate Change, Coal, EU ETS, phase-out fossil fuel subsidies|0 Comments

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

Change Partnership, industry, trade unions and associations support adequate climate policy

Today (1st March, 2016) Change Partnership together with over 60 other NGOs, companies, associations and trade unions wrote to European leaders demanding the right climate policy is established across the EU.

The statement called upon leaders to:

Ensure that Europe’s ambition is consistent with the Paris Agreementand that wehave a clear pathway set to 2050, which is at the upper end of the 80-95% range.
Guarantee that 2030 and 2050 greenhouse gas reductions targets are in line with the science, the well […]

By |March 2nd, 2016|Climate Change, Energy, energy efficiency, 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 […]

Leak of 2030 Council Conclusions

Donald Tusk, newly appointed President of the European Council, has managed to get a massive deal for Poland and CEE Countries through a transfer of EU ETS allowances estimated to be worth over €10 billion as the carbon price improves. This leak shows that Governments have also agreed to revenue hypothecation to support industrial innovation.  Further developments to come.

By |September 1st, 2014|Climate Change, EU 2030, EU ETS, Leak|0 Comments