Aviation industry urges Brussels to drop carbon market plan for global flights
"In the current geopolitical context, extending the EU ETS beyond intra-EEA flights will likely provoke an even stronger international backlash than in 2012".
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Council and Parliament strike deal on ETS2 Market Stability Reserve ahead of 2028 launch
The deal aims to provide greater price stability, particularly to combat sharp price spikes, and predictability for the controversial system.
Carbon permit prices tumble after Germany’s Merz demands emission trading overhaul
European Union carbon permit prices have fallen significantly following remarks by German Chancellor Friedrich Merz indicating that he may support an overhaul of…
Polish PM Tusk rejoices after word ‘revision’ is added to EU climate law
Polish Prime Minister Donald Tusk has said the European Union is ready to slow down the implementation of the second instalment of the EU Trading Emissions System…
EU tries to curb self-imposed energy price volatility
European Climate Commissioner Wopke Hoekstra has reaffirmed the European Union's commitment to launching the Emissions Trading System for buildings and road transport…
Netherlands to end ‘perverse’ carbon emission tax
The Dutch caretaker government is preparing to dismantle its controversial carbon emissions tax on major industrial companies, using a legal workaround to avoid…
German Government to cut ‘green’ air travel tax
Germany's Federal Government said it wanted to reduce the aviation tax, a controversial "green" carbon tax.
EU carbon tax ‘to cost Belgian families €250 to €400 a year extra’
The European Union's new carbon tax, the Emissions Tradings System 2 (ETS2) set to be enforced from 2027, was likely to cost Belgian families €250 to €400 a…
German city of Bonn abandons plan for ‘living-space tax’
The German city of Bonn has abandoned plans for the introduction of a new tax to incentivise people to abandon flats and houses considered “too large” for them.
Austria will scrap ‘green’ subsidies, say coalition negotiators
The Austrian Freedom Party and the People’s Party pledged cuts in "climate subsidies" to curtail Austria's ballooning budget deficit.
Irish coalition buckles, vows to continue carbon tax hikes
Members of Ireland's new coalition government have reversed their criticism of carbon tax policies, undertaking instead to continue the regular increase in the highly-unpopular…
Zelensky and Sikorski clash in Kyiv over Ukraine’s EU accession
Ukraine's timetable for EU accession talks was unrealistic, Poland's foreign minister Radosław Sikorski told President Volodymyr Zelensky during his visit to…
Germany’s Lufthansa adds flights surcharge to address ‘rising environmental costs’
German aviation company Lufthansa Group announced the implementation of an Environmental Cost Surcharge (ECS) on ticket prices to address rising costs associated…
Denmark’s proposed carbon tax likely to anger farmers and spur coalition turmoil
Denmark's government aims to be the second in the world -- after New Zealand -- to officially set a carbon tax.
EU CO2 tax may ‘make electricity more expensive and polluting’
A new “green” European Union tax might have some ugly, unintended consequences.
EU carbon border tax will do little to cut emissions, ADB study says
A European Union plan to impose tariffs on high-carbon imports could hurt developing countries in Asia but is unlikely to lead to big reductions in greenhouse gas…
Incoming EU carbon tax will raise cost of a car by €580
A new European Union carbon border tax starting its trial period in the week beginning October 1 and will raise the price of an average car by almost €600, said…
Dutch industry frets about cost of EU carbon market
The European Parliament on April 18 approved sweeping reforms to the European Union's carbon market in hope of bringing down emissions, though Dutch industrialists…