The EU ETS as bellwether of a flawed European Internal Energy Market
The EU ETS verified emissions: 1,950 MtCO2 in 2012, i.e. a 2% fall compared with 2011 and a 13.5% fall compared with 2008. Phase 2 compliance: an excess amount of 1,425 Mt including the use of 1,059 million international credits.
Backloading: the European Parliament’s ENVI Commission will vote again on 19 June.
Competitiveness: the European Commission is launching a consultation process regarding a review of the list of sectors exposed to carbon leakage for the period between 2015 and 2019.