Brussels, 13 November 2020
On the 13th of November, the European Commission launched a public consultation on EU Emissions Trading System (ETS) revision, which will be open until the 5th of February 2021.
The Commission has proposed an EU economy-wide net GHG emissions reduction target of at least 55% below 1990 levels by 2030. To implement this plan, the Commission is proposing to revise the key relevant energy and climate legislation by June 2021.
This consultation aims at revising the EU Emissions Trading Directive, including the role of the EU ETS and its contribution to the overall climate ambition for 2030. The Commission is looking for inputs addressing the risk of carbon leakage, the possible extension of the EU ETS (such as transport, buildings and the maritime sector), the Market Stability Reserve, the use of revenues, and low-carbon support mechanisms.
This consultation on the EU ETS Directive is simultaneously published alongside consultations on the Effort Sharing Regulation, the LULUCF Regulation and the Regulation on CO2 standards for cars and vans.