EU set to allow car emissions into carbon trading market

(planet-ark, 24 Oct 2014) The European Union is set to make it easier to bring road transport emissions into the carbon trading market, a move that critics say could empower carmakers to push back against more effective curbs on greenhouse gases.

EU leaders will attempt to agree on energy policy for 2030 when they meet in Brussels on Thursday and Friday, including an EU-wide cut in greenhouse gas emissions of 40 percent compared with 1990 levels.

The EU's Emissions Trading System (ETS), key to efforts to reduce emissions, has so far excluded road transport. It has focused on curbing pollution from heavy industry and the power sector by forcing more than 12,000 power plants, factories and airlines to surrender an allowance for every tonne of CO2 emitted under a gradually decreasing emission cap.

But a draft of the EU's 2030 climate and energy package, seen by Reuters, says individual member states can include road transport in the EU ETS if they choose.

It also calls on the executive European Commission to "further develop instruments and measures for a comprehensive and technology neutral approach for the promotion of emissions reduction and energy efficiency in transport".

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planet-ark, 24 Oct 2014: EU set to allow car emissions into carbon trading market