Dutch CO2 authority backs expansion of EU ETS
The Dutch Emissions Authority (NEa) has made the case to expand the EU emissions trading system (ETS), citing the market as a key tool for meeting not only EU targets but also international climate goals.
The chair of the NEa, Dorette Corbey, suggested in a statement this week that it would make sense to include further sectors in the ETS, as it was instrumental in helping the Netherlands meet its pledged Kyoto emissions targets in the previous phase.
The NEa published the view on the back of news that the country had to buy additional permits to comply with its Kyoto commitments.
Over phase II, the country emitted more than 999 million tonnes of CO2 equivalent (mtCO2e), an estimated 30mtCO2e above its assigned amount unit quota. Sectors covered by the ETS emitted 406mtCO2e.
If the ETS was expanded to sweep in some of the remaining 593mtCO2e, this could help create a shortfall of allowances, the NEa suggested.
The European Commission has already raised this as a possibility, as one of six options to make a structural change to the market and address the large surplus plaguing it.
One possible addition will be the international aviation sector, depending on the outcome of a UN-level meeting on the matter later this month ( see EDCM 5 September 2013 ).
The EU has also previously mooted the possibility of including shipping ( see EDCM 28 June 2013 ) and agriculture ( see EDCM 21 December 2012 ).
Following a consultation on the structural changes paper, the EU is now engaging with stakeholders to clarify preferred options. Marie-Louise du Bois
Other Related Stories