SolarPower Europe response to Inception Impact Assessment on Updating the EU ETS

In the context of enhanced EU climate ambition and the increase of the EU’s 2030 GHG emission reduction target from 40% to at least 55%, the bloc’s main climate change laws for 2030 need to be recalibrated accordingly. The EU ETS – one of the central pillars for EU decarbonisation – and its mechanisms have to be reformed in light of such stronger ambition. SolarPower Europe believes that this reform is of utmost importance since a higher carbon price in the electricity sector would significantly speed up the transition to renewables across Europe.

Click here to read our position paper.

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