Energy companies support reforming emissions trading

A group of European energy companies and energy users strongly support the EU ETS back-loading and call on the Commission to bring forward structural reform proposals by the end of the year.

The energy companies and energy users draw attention to the letter sent by 12 EU member state Ministers to the Commission. The companies call on the Commission and the Ministers to work together for early agreement on an EU 2030 Climate and Energy Framework.

 

The European Parliament’s ENVI Committee voted in favour of backloading on 19 June 2013. The voting result is a positive and clear political signal of the EU’s further commitment to the emissions trading system. Backloading of allowances is a first, but modest, step in strengthening the European carbon market and establishing a clear price signal for CO2-free energy production. The Parliament will vote on the proposal on Wednesday 3 July.

 

 

 

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