In the final stages of revising the EU ETS, the Parliament takes one step back

Abstract:

Following the vote in the European Parliament’s plenary session of February 15th, the likely shape of the EU Emissions Trading System (ETS) for the next (4th) trading period 2021-2030 is becoming clearer.

In a recent CEPS Policy Insight, we reviewed the proposals put forward by the Environment Committee, some of which had an adventurous bent. And now that the MEPs have cast their votes, we know that the chamber as a whole prefers a more moderate approach to EU ETS reform.