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Title: EU emissions trading system: Post-2020 reform
Author: [European Parliament: European Parliamentary Research Service]
Series/Date: Plenary at a Glance February 2018
Source Origin: EU
Source Type: Policy-making, Blog/Journal/Series
Notes: In July 2015, the European Commission proposed a reform of the EU emissions trading system (ETS) for the 2021-2030 period. The proposed directive introduces tighter limits on greenhouse gas (GHG) emissions to achieve the EU's 2030 climate targets, while protecting energy-intensive industries from the risk of 'carbon leakage'.

The European Parliament and the Council of the European Union had reached an informal agreement on 9 November 2017 on the text of the proposed review of the EU's Emissions Trading System (EU ETS).

The European Parliament was expected to formally vote on the terms of the informal agreement in its plenary session in February 2018.

Author: Gregor Erbach
Source URL: http://www.europarl.europa.eu/RegData/etudes/ATAG/2018/614680/EPRS_ATA(2018)614680_EN.pdf
Homepage URL: http://libraryeuroparl.wordpress.com/
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Keywords: EU Emissions Trading System / Scheme - EU ETS - Cap and trade - Climate change - Greenhouse gas emissions - Emissions Cap - Phase 4 - Auctioning of allowances - International credits - Free allocation of allowances - International carbon market - COM / 2015 / 337 - Cost-effective emission reductions - Low-carbon investments
Subjects:  11.6 - Atmospheric pollution
Geographic Indicators:  European Union
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