Medical and Hospital News  
ENERGY NEWS
EU parliament backs carbon market reform
by AFP Staff Writers
Brussels (AFP) June 22, 2022

The European Parliament on Wednesday voted to adopt reforms to the EU's carbon market, reversing its surprise rejection two weeks ago of an initial draft of a key part of the bloc's climate plan.

The vote this time saw 439 MEPs in favour -- with 157 against and 32 abstentions -- of a parliamentary position to negotiate with EU member states for an enlargement of Europe's Emissions Trading System (ETS) to include carbon from transport and construction.

The compromise also calls for a gradual phase-out of exemptions for industry over five years to 2032 in exchange for a carbon tax on imports at the EU's borders from 2027.

The first vote was narrowly defeated on June 8 when socialists and extremists in the parliament cast 339 ballots against it, overwhelming the 249 in favour.

The socialists rebelled against what they said was an egregious watering-down of the text by the conservative European People's Party (EPP), the parliament's biggest group of lawmakers.

The EPP had sought to dilute the proposals, notably by allowing sales of hybrid vehicles to continue, prompting the left to say the original text lacked the ambition needed to tackle climate change through carbon trading.

That upset forced the text to go back through cross-party parliamentary committees to find a compromise.

While the EPP ceded some ground, it also won the right for EU industry to continue to get ETS exemptions for production exported to countries that don't have a comparable carbon border import tax, to ensure business competitiveness.

Non-governmental organisations were critical of Wednesday's result.

British charity Oxfam called it "a step up but still unfair to poorer countries" because of the hit they will take once the EU border carbon import tariff is imposed.

The environmentalist group WWF said the revised stance adopted by the European Parliament was "no more than old wine in new bottles" because in its view the measures around the ETS were too "feeble".

The EU's executive, the European Commission, and its chief Ursula von der Leyen, have made a reform of the bloc's carbon market a policy priority.

The commission last year unveiled plans to stop the sale of vehicles using internal combustion engines, which was backed by MEPs in the first vote.

Its aim is to reduce greenhouse gas emissions by 55 percent by 2030, compared to baseline amounts recorded in 1990.


Related Links



Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


ENERGY NEWS
Africa needs $25 bn a year for full electricity access: IEA
Paris (AFP) June 20, 2022
The number of Africans with access to electricity fell during the Covid pandemic, but $25 billion in annual investments could bring full coverage by 2030, the International Energy Agency said Monday. The IEA said 600 million people, or 43 percent of the continent's population, lack access to electricity - mostly in sub-Saharan Africa. The number of people living without electricity increased by four percent, or 25 million people, between 2019 and 2021, after a decade of progress. Before Cov ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

ENERGY NEWS
Freedom and fear: the foundations of America's deadly gun culture

UN working to get shelter, trauma care to Afghan quake scene

Iraqi migrant in UK fears Rwanda deportation, despite reprieve

One dead in Shanghai chemical plant explosion

ENERGY NEWS
The face of Galileo

Astrocast acquires Hiber, accelerates OEM strategy.

Volunteers watching the skies for the weather and stars

EUSPA celebrates its first 365 days of new Galileo operations

ENERGY NEWS
How humans evolved to get along

Healthy human brains are hotter than previously thought, exceeding 40 degrees

Are we born with a moral compass

Amazon's indigenous leaders make plea at Americas summit

ENERGY NEWS
Malawi to move 250 elephants from overpopulated park

Crunch talks kick off on global pact to protect nature

Thrice postponed UN biodiversity summit set for December

Biodiversity conference moved from China to Canada: UN

ENERGY NEWS
Macau shuts almost everything but casinos to battle Covid outbreak

Iraq confirms 13 cholera cases, scores suspected

Covid in Hong Kong shows 'signs of rebound', city leader says

US envoy sees China lockdowns extending into 2023

ENERGY NEWS
Hong Kong arrests 5 for sedition before China rule anniversary

Patten hits outs at China's 'vengeful' acts in Hong Kong

New Hong Kong cabinet includes four under US sanctions

China's Xi to host virtual summit for BRICS emerging economies

ENERGY NEWS
ENERGY NEWS








The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.