Quotas — latest ecology news
At the meeting, they discussed assistance with improving the legislation for the formation of an effective water policy
It is worth focusing on the essence of such a system, and not just on the formal implementation of the system without considering the consequences
Overall EU ambitions to reduce emissions by 2030 compared to 2005 increased to 62%
Free ETS permits should stimulate decarbonisation
Carbon trading is only one part of global decarbonisation
94% of electricity costs are caused by other factors
A decline in industrial production in Europe could reduce demand for permits
China's carbon prices peak at around $9 per ton in early 2022
A major source of contention is the speed at which free emissions permits are phased out
Prices reacted strongly depending on the vote in the European Parliament and the position of the Council of the EU
In July, the policy will have a neutral effect on EUA prices
The Council approved a proposal to phase out free benefits for CBAM-related sectors from 2026 to 2035