Joint letter – ICC reform and expansion risks diverting ETS Revenues from real climate action
In light of the European Commission’s ongoing considerations to amend the ETS State Aid Guidelines, revising the rules for Indirec...
News
Publish date: May 11, 2015
News
Rapporteur on the file, Lithuanian MEP from the Christian Democrat group Algirdas Saudargas, secured 42 votes in favour of the draft report, with 13 against and 4 abstentions. The report includes two compromise amendments concerning CCS (see below).
“With this vote, European politicians are asking for more concrete steps on delivering CCS. Especially welcome are the asks for both improved conditions for CCS deployment and funding provisions. We look forward to seeing this being followed up,” says Bellona Europa Director, Jonas Helseth.
Both of these compromise amendments were supported by a voting block comprising the Parliament’s two largest groups, the Christian Democrats (EPP) and the Socialists and Democrats (S&D), with the Conservatives (ECR).
Bellona has long drawn attention to the role of CCS in achieving increased energy security while safeguarding the climate. In May last year, Bellona circulated a policy document outlining why CCS is the only technology that can attain both energy security and climate objectives. Renewable energy sources are essential, but in the shorter term they will not be able to meet Europe’s energy needs and fossil fuels will continue to play a role. A future without CCS would therefore result in a Europe resorting to either unabated, polluting indigenous fossil fuels or relying on insecure and expensive imports. Read more here.
What are the next steps?
A debate on the committee’s draft report is scheduled in Plenary for 8 June, with the vote envisaged to take place on 9 June.
In light of the European Commission’s ongoing considerations to amend the ETS State Aid Guidelines, revising the rules for Indirec...
Bellona Europa, alongside the European Environmental Bureau (EEB), Carbon Market Watch, and ECOS, has submitted a joint statement to the EU Carbon Re...
The risks of a methodology that disregards its policy signals and fails to reward investments into clean technologies are too large to ignore. The EU cannot tell the market that continuing fossil-based steel will be rewarded.
A framework still in the making As a member of the European Commission’s Nature Credits Expert Group, Bellona joined the second meeting...
On 19 March, Bellona Europa, Oslo’s Climate Agency, Hafslund Rådgivning, and SINTEF hosted the concluding conference of the Powering-Up a REnew...
Get our latest news