EU carbon price hits record €50 per tonne on route to climate target

The European Union carbon price hit a record high of above €50 per tonne on Tuesday (4 May), a key milestone in what analysts say is likely a long-term climb towards the price levels needed to trigger investments in innovative clean technologies.

Related Articles

Briefing – Connecting Europe Facility 2021-2027: Financing key EU infrastructure networks – 01-07-2021

The EU supports the development of high-performing, sustainable and interconnected trans-European networks in the areas of transport, energy and digital infrastructure. It set up the Connecting Europe Facility (CEF) as a dedicated financing instrument for the 2014-2020 period, to channel EU funding into the development of infrastructure networks, help eliminate market failures and attract further investment from the public and private sectors. Following a mid-term evaluation, the European Commission proposed to renew the programme under the long term EU budget for the 2021-2027 period. In the 2014-2019 term, the Council and the European Parliament provisionally agreed on the content, leaving aside the budget and the questions relating to third countries. Negotiations resumed in the present term, reflecting the Commission’s revised MFF proposal of May 2020 and the European Council conclusions of July 2020. Final details were agreed on 11 March 2021. The agreement has already been confirmed by the responsible parliamentary committees TRAN and ITRE, and the Council subsequently adopted its first-reading position on 14 June 2021. The Parliament is expected to vote at second reading during the July plenary session. Once adopted, the new CEF regulation will apply retroactively from 1 January 2021. Fifth edition. The ‘EU Legislation in Progress’ briefings are updated at key stages throughout the legislative procedure.

Source : © European Union, 2021 – EP

Study – Innovative technologies shaping the 2040 battlefield – 02-08-2021

This study provides an assessment of the risks, challenges and opportunities related to new and emerging technologies that are most expected to shape the future battlefield out to 2040. The study presents implications stemming from consideration of individual technologies, as well as cross-cutting analysis of their interactions with broader political, social, economic, and environmental trends. In doing so, the study highlights a need for EU Institutions and Member States to pursue a broad range of capability development initiatives in a coherent and coordinated manner, ensure the development of an agile regulatory and organisational environment, and guide investments in technologies most relevant to the European context.

Source : © European Union, 2021 – EP

Responses

Your email address will not be published. Required fields are marked *