EnergyWatch

EU energy ministers split on ETS rescue

Member countries did not manage to reach a deal to revive the EU's ailing emissions trading system.

EU's medlemslande er fortsat meget uenige om kvotehandelssystemet. Men i det mindste er de enige om, at det ikke virker nu, siger klimakommissiær Miguel Arias Canete. | Photo: EU

The carbon market appears to still be a point of contention among EU member countries. Monday's minister council meeting was the first attempt for the EU's climate, environment and energy ministers to find common ground on a plan to save the Emissions Trading System (ETS), where prices have long flailed below EUR 5 per emitted ton of climate gas.

"We wanted to reduce this uncertainty and give the market a clearer signal, but unfortunately we were not able to do that because of political differences," said the Slovakian minister László Sólymos, according to Climate Home.

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Denmark allocates additional PtX funds

Danish parliament's IPCEI agreement doesn't touch Dutch funds previously earmarked by the government for Power-to-X, says energy minister Dan Jørgensen. On the other hand, the allocated DKK 850m will not necessarily go to the common European projects.

Further reading

Related articles

Latest News

See all jobs