ZEP response to EU ETS Inception Impact Assessment
External Relations & Advocacy
Policy and Economics Committee
Nov 26 2020
Revision of the EU ETS will need to be aligned with climate neutrality by 2050 and deliver on increased 2030 ambitions.
The upcoming revision of the EU ETS directive presents the opportunity to raise the ambitions of the EU ETS, aligning it to the objective of climate neutrality by 2050 and to the new, increased 2030 greenhouse gas emissions reduction target, as soon as the negotiations are finalised. ZEP believes that the 2030 target should put the EU on a cost-efficient pathway towards net-zero by 2050.
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