EU ETS — latest ecology news
There are plans to raise the quota removal threshold to 800 million and reinstate it from 2031
The decision is an attempt to strike a balance between business competitiveness and climate targets
The rationale behind this proposal is to support the eco-modernisation of enterprises, which generate revenue for the system and bear the brunt of the fiscal pressure
Activists also highlight issues with data transparency
The environmental community believes that political pressure has outweighed economic and market realities
The authorities want to oblige EU countries to allocate at least half of their carbon revenue to industry
At the same time, there are calls to review the ETS2, which is intended to require payment for emissions caused by heating and transport
As early as 2027, 400 million additional free emission allowances could be released onto the market
The heatwave is already forcing investors to rethink their approach to risk management, yet the industry still wants to pay less for emissions
Experts refer to this as corporate occupation, whilst environmental organisations have virtually no influence on decision-making
This covers a wide range of initiatives – from installing energy storage systems to improving the energy efficiency of industrial processes
The fund’s resources are used to support projects that promote the phase-out of fossil fuels