EU can reduce 2030 emissions by 60 percent - German environment agency

(Clean Energy Wire, 28 Oct 2020) The European Union as a whole could reduce its greenhouse gas emissions by more than 60 percent by 2030 compared to 1990 levels, but the decisions about instruments and measures have to be taken quickly, the German Environment Agency (UBA) has m said in a paper.

A speedy reform of the European Union Emissions Trading System (ETS) is a main instrument, UBA head Dirk Messner told journalists during a briefing. “It can and should ensure a large part of the necessary emissions reduction by 2030.” Emissions in the ETS would have to fall by 66 to 71 percent to reach an overall 60 percent target, and the UBA is calling for a short-term reduction of allowances in the system instead of losing several years through a lengthy reform process.

In addition, the UBA calls for more emission reductions in sectors such as building and transport. It warns that adjusting the current national targets in these “effort sharing” sectors would entail difficult and lengthy negotiations. Thus, the agency proposes the introduction of emissions trading for fuels used here as well – a proposal already widely discussed. The new system would have to be initially kept strictly separate from the ETS to ensure the necessary financial incentive for progress in the sectors.

Aside from these proposals, the UBA calls for more ambitious EU-wide measures, suchas  greater support to modernise buildings and higher CO₂ limits for cars. The agency also proposes that member states make voluntary additional greenhouse gas reduction efforts in return for EU funds under a so-called “gap-filling mechanism”.

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Clean Energy Wire, 28 Oct 2020: EU can reduce 2030 emissions by 60 percent - German environment agency