ETS: BusinessEurope warns against hasty decisions
By Anne Eckstein | Thursday 28 June 2012
In a letter sent to European Commission President José Manuel Barroso, on 27 June
(1), Philippe de Buck, director-general of BusinessEurope, warns against any hasty decisions to change the functioning of the EU’s Emission Trading Scheme (ETS). This would be “counterproductive” and would create considerable uncertainty for enterprises that could have strong repercussions.
BusinessEurope points out the industry’s support for the ETS and recognises the “central role” the scheme plays in EU climate policy. Changes are needed but they must take place in the framework of the debate on the ambitions for the ETS up to 2030 and in close consultation with all stakeholders. This debate should be held in the context of definition of the EU’s future energy, climate and industry policies, notes the organisation.
BusinessEurope states that for companies to have incentive to invest, they need a clear and coherent long-term path (2050) and a political debate on a post-2020 regulatory framework that includes intermediary targets for reduction of greenhouse gas emissions, to be set as soon as possible. It is important to avoid anticipated short-term measures, such as a quota freeze, before developing a long-term approach. The ETS must be able to adapt to circumstances not foreseeable when setting emissions ceilings, acknowledges BusinessEurope, which adds that new proposals need to be studied in terms of their impact on the competitiveness of the sectors concerned.(1) The letter is available at
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