EU ETS reform discussed with EU policy-makers

“The European Parliament ENVI Committee's position includes some progress, but also elements of great concern such as the proposed import inclusion mechanism” was part of comments Markus J. Beyrer made today during a bilateral meeting with European Commissioner Arias Cañete. This mechanism risks creating an artificial distortion between sectors. It would also be very difficult to implement in practice and risks triggering economic retaliation from trading partners. With a view to the plenary vote and forthcoming trilogue process, Beyrer called on the Commissioner to make sure the ETS (emission trading scheme) sets the right incentives to reduce industrial emissions, whilst safeguarding industry's competitiveness on the global scale.