The European Economic and Social Committee (EESC) calls on the Commission to reflect in more depth on policy options that help both to reduce greenhouse gases and thus fight climate change and to maintain competitiveness.
On 4-5 September Bruegel will organise its Annual Meetings. As in previous years, the Meetings will offer relevant topical discussions through which we strive to contribute to the quality of economic policy making in Europe and beyond.
Update – the minutes of the meeting are available.
Agenda items include a debate on the state of play on own resources, an exchange of views on the presentation of the Presidency Work Programme, adoption of the Council Recommendation on the appointment of the President of the European Central Bank, adoption of the Country-Specific Recommendations for the European Semester, and information from the Netherlands delegation on aviation taxation and carbon pricing.
The European Economic and Social Committee (EESC) calls on the Commission to reflect in more depth on policy options that help both to reduce greenhouse gases and thus fight climate change and to maintain competitiveness. The goal must be to better protect and promote the EU’s resource and energy-intensive industries (REII), otherwise Europe runs the risk of losing jobs to less clean economies and missing its goal of reducing greenhouse gas (GHG) emissions.
Update: A press release by the Commission has been published.
This Regulation amends the Auctioning Regulation in three main aspects:
• Aligning the Auctioning Regulation with the architecture of phase 4 of EU ETS (2021-2030) as set out in the revised ETS Directive;
• Aligning the Auctioning Regulation with the financial market legislation and market oversight regime and taking into account the classification of emission allowances as financial instruments;
• Incorporating lessons learned from auctioning in phase 3 of EU ETS (2013-2020).
The world’s climate negotiators recently concluded two weeks of discussions about the next steps for the landmark 2015 Paris Agreement, with carbon market rules high on the agenda.
The Bonn climate conference, the first technical meeting since the adoption of the Katowice rulebook, concluded yesterday after two weeks of negotiations. The session focused on the remaining rules and procedures for the effective functioning of the Paris Agreement, in particular for international carbon markets.
Today, Climate Action and Energy Commissioner Miguel Arias Cañete, will be in Germany to present the Commission’s long-term vision for a climate-neutral economy by 2050, adopted by the Commission last November.