Agriculture and fisheries evade EU’s new CO2 price

(EurActiv, 19 Dec 2022) Agriculture and fisheries will not be included in the EU’s newly agreed Emissions Trading Scheme (ETS), negotiators decided on Sunday (18 December) – not the first time the EU has let the sector off the hook in terms of climate policy.

In the early hours of Sunday morning, EU negotiators concluded their talks on the bloc’s flagship climate law, the reform of the ETS.

The ETS puts a cap on CO2 emitted by businesses and creates a market and price for carbon allowances. The reform will see the scheme extended to diesel, petrol and heating fuels like gas and coal. 

Yet, two sectors that largely run on diesel were granted a special exemption.

“Agriculture and fisheries we didn’t touch, because we see the sensitivities here,” explained Peter Liese, the parliament’s chief negotiator and a conservative German MEP, just after the ETS negotiations concluded on Sunday.

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EurActiv, 19 Dec 2022: Agriculture and fisheries evade EU’s new CO2 price