Tag: ETS
New Zealand Electric Vehicle Market Rises from the Depths! (CHARTS)
Once touted as a possible “Norway of the Pacific,” New Zealand’s electric vehicle transition was stopped in its tracks by a change of government. The new conservative government reversed the generous tax incentives for EVs and brought in a road user charge. EV sales plummeted. Sounds like another country we … [continued]
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What the Electrification Action Plan Means for Transport
T&E’s in-depth review of the EU Commission’s Electrification Action Plan Electrification is the clearest way to cut energy demand, increase Europe’s competitiveness and lower energy prices. The European Commission’ electrification plan puts direct electrification of transport and other sectors front and centre. Increasing EV sales — cars, vans, buses and … [continued]
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Q&A: What the EU’s Carbon Market Review Means for Climate Action
Article from Carbon Brief. The European Commission has put forward new plans to cut emissions under the EU carbon market more slowly, from 2031 onwards. On 17 July, the commission presented its long-awaited proposal for reform of the EU’s Emissions Trading System (ETS). It recommended a number of changes, including giving companies free allowances … [continued]
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EU Takes Half-hearted Step Towards Taxing International Flights
Extension of ETS to some international flights, private jets and to smaller ships are steps forward, but overall weakening of the ETS undermines European climate action and energy security. The revision of the EU’s Emissions Trading System (ETS) for aviation falls short of driving the robust climate action needed for … [continued]
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The Climate Deal Trump Won’t Kill
Donald Trump made his disdain for global climate action clear the day he pulled the United States out of the Paris Agreement. Since then, his administration has been on a climate bashing marathon, dismantling wind turbines, weakening fuel-efficiency standards, and scuppering an agreement on global maritime transport just a few … [continued]
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