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Eurobrief December 2011

ETS: CCC approves M&R Regulation

On 14 December 2011, the Climate Change Committee (CCC) approved the following draft regulations: -Monitoring and Reporting (M&R) of greenhouse gas emissions; -Verification and Accreditation of verifiers in the EU ETS

ETS: 12 Member State NIMs notified so far

According to DG Climate, to date only 12 Member States (Cyprus, Estonia, France, Ireland, Latvia, Lithuania, Malta, Poland, Romania, Slovakia, Sweden and the United Kingdom) have notified their National Implementation Measures (NIMs) to the European Commission.

ETS: Inclusion of Aviation valid

On 21 December 2011, the Court of Justice of the European Union confirmed the validity of the Directive which includes aviation under the EU’s Emission Trading Scheme (ETS).

ETS: Commission Consultation on Inclusion of Shipping

On 19 January 2012, the European Commission launched a consultation on “Including maritime transport emissions in the EU's greenhouse gas reduction commitment”. This follows the lack of an international agreement at the end of 2011 which included international maritime emissions.

EU low carbon Roadmap: latest developments

On 31 January 2012, the Environment, Public Health and Food Safety Committee (ENVI) of the European Parliament voted on rapporteur Chris Davies’ (Group of the Alliance of Liberals and Democrats for Europe, UK) draft report on a “Roadmap for moving to a competitive low carbon economy in 2050”.

Commission focuses on impact of move to -30% on Member States

The European Commission is currently evaluating the potential consequence at Member State level of moving towards a 30% reduction in greenhouse gas emissions. This follows on from the European Commissions Communication “Analysis of options to move beyond 20% GHG emission reductions and assessing the risk of carbon leakage”, published in May 2010.

Commission adopts Energy Roadmap 2050

On 15 December 2011, the European Commission adopted a new Communication entitled "Energy Roadmap 2050". According to the Commission, this Roadmap provides a basis for the development of “a long-term European framework together with all stakeholders”.

EESC highlights importance of Energy Intensive Industries

On 8 December 2011, the European Economic and Social Committee (EESC) adopted its opinion on "Energy Intensive Industries" (EIIs), stressing that the products manufactured by EIIs “are the basis for the value chain for all manufacturing sectors, where a large proportion of EU jobs are allocated.”

Commission CDM study published

In December 2011, the European Commission published the results of a study assessing the merits and shortcomings of the current Clean Development Mechanism.

UK ECCC against introduction of a Carbon Price Floor, but calls for set aside

On 26 January 2012, the UK Energy and Climate change Committee published a report entitled “UK ECCC - EU ETS” in which it expresses its opposition to the introduction of a Carbon Price Floor in the UK arguing the risk of carbon leakage within the EU.