Tendances Carbone no. 104. Towards a re-calibrated EU ETS for 2030: assessment of the legislative proposal to revise the EU ETS Directive

Among the publications of CDC Climat Research, 'Tendances Carbone' bulletin specifically studies the developments of the European market for CO₂ allowances. Beside some statistical figures about energy production/consumption and carbon markets, this issue specifically addresses the following points: - EU ETS -Directive: On July 15, the EU Commission released a legislative proposal to revise the EU ETS Directive post-2020, translating into legislation the October 2014 Council Conclusions. - EU ETS carbon leakages provisions: The legislative proposal includes a 43% share of free allocation from 2021 to 2030, a new Carbon leakage list representing 93% of industrial emissions, an update of production levels and benchmarks every five years