Post by carboneer

Part II of our analysis on the upcoming changes to the EU emission trading systems. In this second article we shed light on the new EU ETS II on buildings and road transport and on the utilisation of revenues from auctioning emission allowances by governments. Our take-away for the proposed EU ETS II: ✔ Pricing starts in 2027 earliest and along with EU ETS I will bring about 75% of the EU's emissions under carbon pricing scheme. ✔ Mechanisms will be in place to keep prices in the EU ETS II capped at 45 EUR/ton until 2030, far below actual CO2-avoidance costs in the respective sectors. ✔ Introduction of Social Climate Fund to support vulnerable households from higher prices due to EU ETS II already from 2026 onwards. ✔ 50% of auctioning income to go into EU Social Climate Funds, while remainder must also be spent on social climate measures by the national states. What is your take on the agreed upon changes and how will they affect the national emission trading scheme (nEHS) of Germany? Yan Qin Dalton Wittmann Yu Huang Zakaria ELBAGARI Kristian Wilkening Pavlina Zdraveva Atik Sheikh Jonathan Gardiner Andrea Gori Alexis Dunand Matthis Brinkhaus Michael Claussner Fabian Huneke Kai Wehnemann Kai Eckert Arasan Aruliah Matthew Chester Matthew James Run Zhang-Class 张树偉 Ingmar Roevekamp Tanja Listner Tobias Federico Hendrik Schuldt Carlos Pérez Linkenheil Leon Berks Leon Leuser Volker Loibl Kaj Seeger (ex-Fischer) #carbonmarket #euets #carbon #carbonpricing #fitfor55 #climateaction #co2 #cbam #climatechange #trading #emissions #eua #euetsII https://lnkd.in/db5NnGwZ