Response to consultation on updating the EU Emissions Trading System
This document provides IOGP’s response to the EU public consultation (questionnaire) on updating the EU Emissions Trading System (ETS).
Background
The EU ETS is a cap-and-trade system that currently governs 41% of the EU’s emissions, covering power and heat generation, energy-intensive industrial sectors and aviation within the European Economic Area and to/from Switzerland. The Communication on stepping up the EU’s 2030 climate ambition explicitly indicates the need to revise the EU ETS in light of the aforementioned more ambitious target.
Context
“This public consultation invites citizens and organisations to contribute to the assessment of how to translate the increased EU 2030 emission reduction ambition into an upgraded, more ambitious, workable and realistic ETS. The results of the consultation will inform the Impact Assessment, accompanying the Commission proposal for revising the ETS.”
Overview
The questionnaire is structured as follows:
- Information about the stakeholder
- A. The Contribution of EU ETS to the overall climate ambition for 2030
- B. Addressing the risk of carbon leakage
- C. An increasing role for emissions trading
- D. Extension to Maritime greenhouse gas emissions
- E. Market stability
- F. Revenues
- G. Low-carbon support mechanisms
- H. Concluding questions
- Publications
- News
- Events
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IOGP Europe key principles on a future regulatory framework for CO2 transport infrastructure
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Joint Statement – Harnessing the IPCEI mechanism for CCS in Europe
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GasNaturally Letter to Competitiveness Council 23 May 2024
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Creating a sustainable business case for CCS value chains
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Map of CO2 storage Projects in Europe
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IOGP Europe statement on the ECHA proposed PFAS restriction proposal related to the Carbon Capture, Transport and Storage (CCS) Technology
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IOGP Europe position on the EU Industrial Carbon Management
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IOGP Europe feedback on Net Zero Industry Act proposal
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IOGP response on revamping the Strategic Energy Technology (SET) Plan
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IOGP views on the proposed Regulation amending Regulation (EU) 2021/241 as regards REPowerEU chapters in Recovery and Resilience Plans
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IOGP response to the consultation on certification of carbon removals – EU rules
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Re-Stream – Study on the reuse of oil and gas infrastructure for hydrogen and CCS in Europe
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IOGP feedback to the European Commission’s Roadmap on restoring sustainable carbon cycles
![IOGP position on the revision of the EU Emissions Trading System (EU ETS) Directive](https://iogpeurope.org/wp-content/uploads/2022/01/ETS_promo.jpg)
IOGP position on the revision of the EU Emissions Trading System (EU ETS) Directive
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IOGP feedback on the update of EU ETS monitoring and reporting rules (2021-30)
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Funding CCS in Europe: key investments for the recovery
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IOGP response to the public consultation on the revision of Regulation (EU) 347/2013 on guidelines for TEN-E Regulation
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IOGP response to targeted consultation on the revision of Regulation (EU) 347/2013 on guidelines for TEN-E Regulation
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IOGP input to the Roadmap on the EU strategy on hydrogen in Europe
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IOGP feedback to the Combined Evaluation Roadmap/Inception Impact Assessment on the revision of Regulation (EU) 347/2013 on guidelines for TEN-E
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IOGP input to the forthcoming EU Strategy for Energy System Integration
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New and old CCS projects in Europe: What’s different this time?
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The potential for CCS and CCU in Europe Report to the thirty second meeting of the European Gas Regulatory Forum 5-6 June 2019
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CCS: the Innovation Fund and beyond
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OGP contribution to the CCS Directive evaluation
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Press release: Recognition of CCS on path to 2050 marks a step change, but approach to low-carbon solutions remains too narrow.
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Letter: Strong support for an implementable and pragmatic Net Zero Industry Act Article 18 – solutions to make CCS work
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Net-Zero Industry Act marks a step change in industrial and climate policy – EU paves way for carbon capture and storage scale-up
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Letter: Open, inclusive, and pragmatic Green Deal Industrial Plan for Europe
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Europe needs a CO2 storage ambition for 2050
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Gas market reform marks a step change in EU approach to the transition
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New Re-Stream study assesses the feasibility of transport of hydrogen and CO2 in European gas and oil infrastructure
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Letter: Call for a technology-inclusive revision of the TEN-E Regulation
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Towards greater hydrogen production capacity in Europe
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Council’s inclusive approach to hydrogen sends strong signal ahead of key legislative year
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Letter: 57 industry leaders call for enhancing gas contribution to decarbonisation
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Carbon Management Webinars
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Wide industry coalition call for a Hydrogen Strategy inclusive of all clean hydrogen pathways
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Joint letter: CCS and CCU for the EU’s Industrial Transition
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Hydrogen for Europe: 1st Working Group Meeting
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IOGP supports the EU’s objective of climate neutrality by 2050
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CCS policy: A practical toolkit
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2024 CCSA EU Conference – 3rd July
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SPE Europe Energy Conference
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CCS Strategy Europe Conference
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Creating a sustainable business case for European CCS value chains
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Scaling up the energy transition whilst securing a stable suppy
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The Europe CCUS & Hydrogen Decarbonisation Summit
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