MEPs offer lifeline to the ETS by voting in favour of backloading
EU climate policy got a strong signal of support today when the European Parliament voted in favour of ‘backloading’ – the temporary removal of permits to pollute under the Emissions Trading System (ETS).
“Today’s vote will give a small boost to the carbon price but most importantly it will build confidence in the ETS,” said Rémi Gruet, the European Wind Energy Association’s (EWEA) Senior Regulatory Affairs Advisor. “It is crucial that the EU Member States now agree backloading as soon as possible. Then the European Commission should propose a 2030 Climate and Energy Package, with headline renewable and GHG reduction targets, without delay.”