On Tuesday, January 21, 2014 10:38 AM, Ester Arauzo
[mailto:[email protected]] wrote:

Dear colleagues and friends, 

As you cover environmental issues, I thought you might want to know that
we've just published the report "Life beyond emissions trading" [1]. It
shows that ending the ETS would not leave a climate policy void and explains
the measures and policies that could really make a change and help tackle
climate change. In case you're interested, there's a two-page briefing [2]
and also a FAQ document [3] with the most common doubts around the ETS. I
hope you find this useful. 

[1] http://corporateeurope.org/climate-and-energy/2014/01/life-beyond-e
[2] http://tinyurl.com/qy4qqeb
[3] http://tinyurl.com/payyen2

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Summary

What would fill the void if the EU Emissions Trading System (EU ETS) were
allowed to collapse? This briefing shows that ending the ETS would not leave
a climate policy void. Emissions trading has awarded huge subsidies to some
of the EU’s most polluting industries while at the same time failing to
reduce greenhouse gas emissions and undermining other environmental
measures. As the EU debates a 2030 climate and energy package, it should
seek ambitious targets for greenhouse gases, renewable energy and energy
efficiency - but targets are not enough. The EU should take a greater role
in directly regulating greenhouse gas emissions at source. The existing
policy framework could be made more robust by extending the Industrial
Emissions Directive to regulate greenhouse gases, strengthening the Energy
Efficiency Directive, and reforming the Effort Sharing Decision to exclude
the use of carbon offsets. There should also be debate on what role the EU
can play. Returning to a patchwork of national legislation would weaken the
EU’s ability to address climate change, with some countries’ inaction
putting pressure on others to weaken their own policies. At the same time,
citizens’ movements at local and national levels are key in achieving
broader transformations. Germany’s 'Energiewende' [energy transition],
despite some serious implementation problems, shows the positive role that
popular pressure can play in reducing greenhouse gas emissions. Recent
efforts to remunicipalise energy supplies also serve as a reminder that
public ownership of infrastructure is a key condition for creating the scale
of shift required to address climate change.

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All the best, 

-- 
Ester Arauzo
Communications
Corporate Europe Observatory (CEO)
+32 (0) 2 893 09 30

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