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...
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Publish date: March 7, 2023
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With the following NGOs, we strongly support the scaling up of safe and effective carbon dioxide removal (CDR) to accelerate net emissions reductions, address residual emissions in hard-to-abate sectors as part of the transition to climate neutrality by 2050, and achieve net negative emissions thereafter. An ambitious net negative emissions target is crucial for the EU to demonstrate leadership and take responsibility for past and future emissions. This scale-up of carbon removals must occur in parallel with deep and rapid emissions cuts across all sectors of the economy and must not dilute nor delay those efforts.
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In light of the European Commission’s ongoing considerations to amend the ETS State Aid Guidelines, revising the rules for Indirec...
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