“Climate in competition”

The European Emissions Trading System (ETS) amendment proposal passed in the European Parliament only partly recognises the threat to the competitiveness of the continent’s industry, writes Hendrik Kafsack in an opinion piece in Frankfurter Allgemeine Zeitung. The Committee wants to allocate more free CO₂ certificates to energy intensive businesses than the EU Commission had proposed, but reduce the total number of emission allowances. The latter “reduces the relief of the industry. The EU member states must act and curb the exuberant ambitions of the Parliament”, writes Kafsack. The Council of the EU will debate the reform on Monday.

Find the European Parliament press release in English here.

Read about the EU Commission reform proposal in the CLEW article German reactions to the EU Commission’s energy summer package