This is the CEEP’s response on the public consultation: ‘ON EMISSION TRADING SYSTEM (ETS) POST-2020 CARBON LEAKAGE PROVISIONS’. As mentioned in the document, CEEP considers that the questionnaire was not prepared in a truly objective way and questions are not exhaustive, which suggests the EC’s support for a new ETS (2020-2030).
CEEP fundamentally does not accept:
- Exclusion of the fossil power industry from carbon leakage, which as in Germany and Poland, is very effective in CO2 reduction. The price of power should be affordable and competitive, but it is at least twice as much as that of non-EU competitors;
- Re-industrialisation implies more CO2 emissions, and we should count emissions in tonnes per capita, as they vary from country to country. A decrease by use of a percentage figure is, therefore, not justifiable.
- A LRF of 2.2% as it is artificial and not based on scientific and technological principles;
- The same point (3) concerns MSM, as the ETS is not for stock-exchange players, but should measure CO2 emissions in the EU, helping the regulators decide on how to develop the EU’s industry.