Europex welcomes the opportunity to provide feedback to IOSCO’s consultation on compliance carbon markets. Carbon markets play a key role in facilitating decarbonisation at least cost and ensure a high level of competition and innovation.
The co-signatory organisations wish to raise serious concerns to the European Commission about the new draft “Land Sector and Removals Guidance” under development within the
Imposing restrictions on who may or may not participate in the EU ETS would significantly weaken the market, putting at risk the EU’s ability to meet its climate goals in a cost-efficient manner.
As Europe’s primary policy tool to combat climate change, the review of the EU ETS plays a fundamental role in delivering the EU’s ambitious 2030 and 2050 decarbonisation targets and broader Green Deal objectives. Such a review must ensure continued commitment to strong market principles that safeguard the undistorted price signals, efficiency, transparency and liquidity of the emissions market.
To ensure that the policy objectives set out in the Green Deal get delivered at least cost and that the EU’s internal market principles are upheld, State Aid rules need to find the right balance between supporting decarbonisation projects and minimising distortion of competition and trade in the Internal Energy Market.
Carbon Contracts for Difference (CCfDs) have been broadly discussed as a potential instrument to support energy-intensive industries in developing and deploying low-carbon technologies. In its
Europex welcomes this opportunity to contribute to the Commission consultation of the Review of RED II on the promotion of the use of energy from
Europex welcomes the opportunity to participate in the Commission’s public consultation to update the EU Emission Trading System (EU ETS) and align it with the
The EU Emissions Trading System (EU ETS) is a cornerstone of the EU’s policy to combat climate change and the key carbon pricing instrument for
Brussels, 26 November 2020 | Europex welcomes the Commission’s initiative to review the EU Emissions Trading System (EU ETS) to align it with the increased
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