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EU Emissions Trading System

Coverage of EU Emissions Trading System in the Nexus archive.

Earliest in view: Jul 20 · 16:11 UTCMost recent: Aug 3 · 04:00 UTC
Co-mentioned in this coverage
European Commissionorganization2Cruise Lines International Associationorganization1Fincantieriorganization1Chantiers de l’Atlantiqueorganization1Meyer yardsorganization1Cruise Industrytopic1Wopke Hoekstraperson1carbon markettopic1climate actiontopic1free allowancestopic1electricity targettopic1
Recent coverage
  • BUSINESSAug 3 · 04:00 UTCPOLITICO EUROPE
    Europe’s ETS revision is an opportunity to strengthen maritime competitiveness

    The European Commission's proposed revision of the EU Emissions Trading System (ETS) is supported by the Cruise Lines International Association (CLIA), which emphasizes that carbon pricing should enhance maritime competitiveness and infrastructure. The proposal aims to reinvest maritime ETS revenues into ports, alternative fuels, and bunkering to accelerate decarbonization while maintaining Europe's global maritime leadership. The cruise industry contributes €64.1 billion annually to Europe's economy and supports 445,000 jobs, with 98% of global cruise ships built in European shipyards.

  • POLITICSJul 20 · 16:11 UTCCARBON BRIEF
    Q&A: What the EU’s carbon market review means for climate action

    The European Commission proposed extending free carbon allowances for companies under the EU Emissions Trading System (ETS) until 2031, aiming to balance climate goals with business interests. Critics argue this could weaken the system, while the proposal includes a new target for electricity to account for 46% of energy consumption by 2040, potentially reducing fossil fuel imports by €260bn annually.