EU — latest ecology news
The European Commission is set to review the Emissions Trading System in July in response to calls from industry
The amendment repealing the cancellation of excess quotas has not yet taken effect
The high temperatures have also caused water shortages in several regions
Registrations of cars with diesel and gasoline engines saw the sharpest decline
At the same time, experts are concerned about potential future disruptions at hydroelectric and nuclear power plants
Starting in 2027, emissions prices within the CBAM will be published weekly and linked to ETS figures
Emissions trading has finally moved from a niche market to the mainstream
Funding will come from revenues generated by the EU Emissions Trading System (EU ETS)
Amid geopolitical and energy instability, striking a balance between maintaining competitiveness and meeting climate goals is becoming increasingly difficult for the EU
EU officials and industry leaders are actively seeking alternatives to Russian energy sources
It is estimated that average emissions will exceed their total annual emissions cap by approximately 60–100 million metric tons of CO₂ equivalent by 2030
The proposed system creates significant obstacles for global supply chains