The European Commission has confirmed plans to enshrine a 90% greenhouse gas (GHG) reduction target by 2040 into law, in line with the European Climate Law’s goal of achieving climate neutrality by 2050. Achieving the 2030 interim target is crucial, with the implementation of Fit-for-55 proposals playing a key role. In this context, assessing sectoral progress and strengthening policies to enhance ambition are critical. This policy brief highlights insights from the 2024 Net Zero Carbon Market Policy Dialogue (NZCMPD), organized under the LIFE COASE project, which explored the future of the EU Emissions Trading System (ETS). The discussions addressed expanding carbon pricing to new sectors—such as the ETS2 and agriculture—, integrating domestic industrial carbon removals into the ETS, and overcoming methodological challenges in ex-ante modelling. These insights, informed by input from the academic literature, contribute to the broader debate on shaping the future of carbon markets in the EU.
Since the early 1990s, the European Union has nurtured the ambition to lead the fight against climate change. More recently, it has committed to achieving climate neutrality by 2050 and [...]
Cooperative, connected and automated mobility (CCAM) offers a unique opportunity to make EU transport systems safer, cleaner, more efficient and more user-friendly. In its most advanced form, CCAM services use [...]
The last five years have witnessed fundamental transformations which have created a new context that requires recalibrating EU transport policy and regulation: new mobility patterns after COVID; geostrategic shocks in [...]
Following the EMD reform of 2024, the Commission is tasked to publish a report on the ‘possibilities of streamlining and simplifying the process of applying for a capacity mechanism’ by [...]
Capacity mechanisms are gaining momentum in Europe, and the latest EU electricity market reform further reinforces their role. The negative externalities exerted by these national mechanisms in interconnected zones might, [...]
With 2023 being the hottest year documented and global emissions remaining at record-high levels, we are reminded about the importance of translating climate commitments into effective policies – across both [...]
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