The EEA EFTA states – Iceland, Liechtenstein and Norway – participating in the EU Emissions Trading System (EU ETS) will soon be able to auction emission allowances on the common auction platform. With the formal requirements now cleared, the European Energy Exchange (EEX) will publish the corresponding amendment to the auction calendar shortly.
The European Parliament today approved the first-ever EU-wide CO2 emission standards for heavy-duty vehicles. The new rules set targets for reducing the average emissions from new lorries for 2025 and 2030.
The Council of Ministers today agreed on CO2 emission standards for new cars and vans in the EU for the period after 2020. In 2030, emissions from new cars will have to be 37.5% lower and emissions from new vans 31% lower, compared to 2021.