350 Euro-MPs* back wider new Emissions Trading System to include transport carbon-pricing

Can EU spot your MEP?
Can EU spot your MEP?

This is the committee (of 350 people – not all of whom are directly-elected EuroMPs**) in the EU parliament which has now ratified a new set of recommendations on the EU’s Emission Trading System

From 2020 onwards, these will progressively increase auctioned allowances in all economic sectors-  including the construction sector and maritime, land and air transport to foster a proper carbon pricing at international level.

Local leaders also claim 20% of ETS financial gains to support their front role in combating global warming.

Ian Duncan, Scotland’s sole Tory MEP, took the floor during 117th plenary of this Committee of the Regions to highlight that the Euro Emissions Trading System will ‘have a bearing’ on local and regional authorities.

He said: “Many of the factories and installations within the ETS are vital to local economies, employing hundreds if not thousands of people. It is important to remember that this reform will have a bearing on local and regional authorities. I will continue to work closely with the European Committee of the Regions as the ETS reform progresses”.

Italy’s Marco Dus, rapporteur of the opinion and Member of Vittorio Veneto Municipal Council (**) declared: “While the Emissions Trading System is a key instrument in trying to fulfil the EU’s climate change commitments, it is facing serious difficulties in delivering on the ground. We need a more ambitious and forward-looking approach”.

In line with its environmental priorities, the European Committee of the Regions approved yesterday in Brussels an opinion onCost-effective emission reductions and low-carbon investmentsin Europe, tackling the reform of Europe’s ETS system after 2020.

Adopted by a large majority, the opinion calls on the EU to foster a proper carbon pricing at international level and prevent fluctuations due to speculation. It demands to integrate more economic sectors into ETS, including maritime land and air transport and the construction sector’ in order to promote innovation, greater energy efficiency and economic competitiveness.’

Note:

To sit on the European Committee of the Regions, all of its 350 members – and another 350 alternates – must either hold an electoral mandate or be politically accountable to an elected assembly in their home regions and cities.

 

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