“We are accelerating work on the next review of the ETS, in particular to define a more realistic decarbonisation trajectory beyond 2030.” Ursula von der Leyen introduced this within the letter by which she up to date the European Council on competitiveness points in view of the summit on Thursday 19 and Friday 20 March. «The EU Commission will shortly undertake the ETS benchmarks, making an allowance for the issues expressed by the trade», highlights von der Leyen, confirming that «the ETS stays a confirmed instrument to information industrial transformation» and have to be tailored “to new realities”. Brussels “will also present a proposal to strengthen the market stability reserve” of the ETS “so that it can more effectively address excessive price volatility and keep them under control in the short term”.
«6 billion extra have already been spent on imports of fossil power»
«Currently, the European Union’s safety of provide is assured – writes the President of the Commission Ursula von der Leyen -. However, rising fossil gasoline costs are already taking a toll on our economic system. Since the battle started, Europe has already spent 6 billion euros extra on fossil gasoline imports – a direct reminder of the worth we pay for our dependence. A protracted disruption to grease and fuel provides from the Gulf area may have a big affect on our economic system.”
Von der Leyen to EU leaders: «Interventions to reduce taxes on electricity»
«With regards to taxes and levies – writes von der Leyen -, there is clear room for maneuver also through legislation to reduce the taxation of electricity, eliminate certain non-energy levies from electricity bills and ensure that electricity is taxed more favorably than fossil fuels». «In many cases – he underlines – electricity is taxed much more heavily – up to fifteen times – than gas. This places a disproportionate burden on businesses, particularly energy-intensive industries that are making the transition to electrification and decarbonization.”
https://www.ilsole24ore.com/art/von-der-leyen-acceleriamo-revisione-ets-svolta-green-piu-realistica-AIxErSzB