Member States have a choice about where to transfer their EU ETS allowances – this briefing shows the Modernisation Fund is best for the climate & Member States
Brexit has frozen UK participation in the ETS – we estimate that the UK government will forgo at least €1.3 billion in auction revenue this year
Hard coal emissions fell by 9% in 2018, down 40% since 2012.
Lignite emissions fell only 3% in 2018, and are now higher than hard coal emissions.
Existing policies put Europe on track for emission cuts of at least 50% by 2030
There are many questions to be answered to pass the ‘Bridge of Death’ and avoid the ‘Gorge of Eternal Climate Peril’ in the event of a no-deal Brexit
Yesterday’s deal was unimaginable when the EU Clean Energy Package was proposed in 2016 – but it’s still not keeping pace with the Paris Agreement