RSSEmissions Trading Scheme (ETS)

Commission approves compensation to energy-intensive companies in #Romania for indirect emission costs

Commission approves compensation to energy-intensive companies in #Romania for indirect emission costs

| May 12, 2020

The European Commission has approved, under EU state aid rules, Romanian plans to partially compensate energy-intensive companies for higher electricity prices resulting from indirect emission costs under the EU Emission Trading Scheme (ETS). The scheme will cover the period 2019-2020, with a provisional budget of approximately €291 million (RON 1397m). The measure will benefit companies […]

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Reducing #CarbonEmissions – EU targets and measures

Reducing #CarbonEmissions – EU targets and measures

| March 20, 2019

The EU is committed to drastically cutting harmful greenhouse gas emissions ©AP Images/European Union-EP Read what measures the European Union is taking to meet targets to reduce carbon emissions in different sectors in order to prevent climate change. To prevent dangerous climate change, the EU has committed to cut its greenhouse gas emissions by at least […]

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Deal on #CO2 future emission reductions for new cars and vans agreed – Council’s inability to live up to international climate commitments hampers real progress

Deal on #CO2 future emission reductions for new cars and vans agreed – Council’s inability to live up to international climate commitments hampers real progress

| December 19, 2018

Negotiations on CO2 reduction standards for new cars and vans were concluded last night, with a deal to reach 37,5% and 31% CO2 emission reductions for cars and vans respectively in 2030. For 2025, the reductions will have to be 15% for both cars and vans. The European parliament position, supported by ALDE, was a […]

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Reducing car emissions: New #CO2 targets for cars explained

Reducing car emissions: New #CO2 targets for cars explained

| October 25, 2018

The EU is working on plans to cut cars’ CO2 emissions ©APimages/European Union-EP  To reduce car emissions MEPs have proposed tougher CO2 limits on cars and a new target for rolling-out e-cars. Here’s what you should know about the plans. Why it is needed Cars and vans produce about 15% of the EU’s CO2 emissions, […]

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45% #CO2Reduction until 2030 – Jo Leinen: ‘EU needs to set pace in climate action’

45% #CO2Reduction until 2030 – Jo Leinen: ‘EU needs to set pace in climate action’

| August 22, 2018

Global warming accelerates. Therefore, the global community must speed up climate action, said member of the Environment Committee of the European Parliament, Jo Leinen (S&D) (pictured). “In international climate action, the European Union should set the pace and raise its climate target for 2030 ahead of the next UN climate summit (COP24) in Katowice,” Leinen […]

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#SustainableFinance: Making financial sector a powerful actor in fighting climate change

#SustainableFinance: Making financial sector a powerful actor in fighting climate change

| May 29, 2018

The Commission is delivering the first concrete actions to enable the EU financial sector to lead the way to a greener and cleaner economy. The proposals confirm Europe’s commitment to be the global leader in fighting climate change and implement the Paris Agreement. The involvement of the financial sector will greatly boost efforts to reduce […]

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Cutting EU #GreenhouseGasEmissions: National targets for 2030

Cutting EU #GreenhouseGasEmissions: National targets for 2030

| April 23, 2018

The Effort Sharing Regulation sets national targets for cutting greenhouse gas emissions to help the EU meet its commitments under the Paris Agreement. To help fight climate change, EU leaders adopted in October 2014 the 2030 climate and energy framework, which includes binding targets to cut emissions in the EU by at least 40% below 1990 levels by 2030. […]

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