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EMISSIONS: Estonia Joins Four EU Countries’ Calls To Delay Or Cancel EU ETS 2

EMISSIONS
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Estonia joins Czechia, Slovakia, Bulgaria and Poland, to urge for a delay or abolish EU ETS 2 amid concerns over a boost in fuel prices, Estonian Prime Minister Kristen Micha said at a press conference.

  • Estonia now supports Czechia, Slovakia, Bulgaria and Poland’s previous call to delay ETS 2 to 2028 and make change to the MSR that influence the allowance supply.
  • The country wants to examine alternative options for emissions reductions in the covered sectors.
  • “We are starting consultations with the European Commission and member states with the wish to postpone the launch of the new carbon market and — if possible and if we have the votes — then we will try to cancel it,” Michal said.
  • EU ETS is due to begin in 2027 and will cover emissions from buildings, road transport and additional sectors thar are not covered by the existing EU ETS.
  • Allowances between existing EU ETS and ETS 2 are not interchangeable.
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Estonia joins Czechia, Slovakia, Bulgaria and Poland, to urge for a delay or abolish EU ETS 2 amid concerns over a boost in fuel prices, Estonian Prime Minister Kristen Micha said at a press conference.

  • Estonia now supports Czechia, Slovakia, Bulgaria and Poland’s previous call to delay ETS 2 to 2028 and make change to the MSR that influence the allowance supply.
  • The country wants to examine alternative options for emissions reductions in the covered sectors.
  • “We are starting consultations with the European Commission and member states with the wish to postpone the launch of the new carbon market and — if possible and if we have the votes — then we will try to cancel it,” Michal said.
  • EU ETS is due to begin in 2027 and will cover emissions from buildings, road transport and additional sectors thar are not covered by the existing EU ETS.
  • Allowances between existing EU ETS and ETS 2 are not interchangeable.