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 Commission invites comments on revised #EUEmissionTradingSystem state aid guidelines

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In line with the European Green Deal and the EU's objective to become the first climate neutral economy by 2050, the Commission has launched today a public consultation inviting all interested parties on revised EU Emission Trading System State aid Guidelines (the 'ETS Guidelines').

These guidelines aim at reducing the risk of “carbon leakage”, where companies move production to countries outside the EU with less ambitious climate policies, leading to less economic activity in the EU and no reduction in greenhouse gas emissions globally. The ETS generates (i) direct costs, and (b) indirect costs. The EU ETS Directive provides for compensation for both types of costs. In the context of the European Green Deal, the draft revised ETS State aid Guidelines, would allow Member states to compensate companies for indirect costs under stricter conditions than before.

Stakeholders are invited to submit comments on today's consultation by 10 of March 2020. The draft Guidelines and all details about the public consultation are available online. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “The revision of the EU Emission Trading System State aid Guidelines is an important element of the European Green Deal, aiming at limiting global greenhouse gas emissions. Today, we invite comments on our draft Guidelines which fully reflect the objectives of the Green Deal and focus state support to sectors most at risk of carbon leakage.”

The full press release is available online in EN, FR, DE.

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