Compare organizations

While the IIA raises several issues within a possible ETS extension, the Regulatory Assistance Project (RAP) focuses here on just four, all related to the buildings sector. 1. Simply extending the ETS to the buildings sector is not an effective answer.

T&E welcomes the Commission’s initiative to align the ETS directive with the EU’s 2030 target of at least -55% emissions reduction and to ensure that all sectors contribute, in line with the EU’s international commitment to economy-wide action under the Paris Agreement. However, T&E regrets that the Commission is considering to switch gear on tackling emissions in the road sector.

This response is about the inclusion of 1)shipping and 2)road transport into the ETS: 1.SHIPPING Shipping accounts for around 3.5% of the EU’s total GHG emissions, but has so far avoided regulation on its climate impact. Integrating shipping into the ETS is a positive step in the right direction and will put shipping on the path towards climate neutrality in line with the Paris Agreement.

The Regulatory Assistance Project would like to submit one recent study on rebalancing energy prices. It contains examples of how to lower energy prices for residential heating and may be useful for the Commission in promoting such strategies in line with the objective from the Action Plan for Affordable Energy to lower taxation of electricity and remove non-energy cost components from electricity bills.

Transport Electrification: The Math for 32-33% EU Energy Target T&E aligns with the Commission's diagnosis that stagnant electricity consumption slows decarbonisation. Transport electrification with Vehicle-to-Grid (V2G) capability offers the fastest path to the 32-33% target while solving system-level flexibility challenges.