Duncan secures key EU Climate Change Report

16-Sep-2015 @ 11:30

No items found. No items found. No items found.

Dr Ian Duncan MEP will spearhead the European Parliament's reform of the Emissions Trading Scheme (ETS), the EU's flagship policy to tackle climate change. In a vote today MEPs appointed Ian as 'rapporteur' on the ETS file, the title used in the European Parliament for the MEP responsible for drafting reports on key policy objectives. This appointment comes weeks after Ian was a Shadow Rapporteur on the Market Stability Reserve (MSR), a key component of the ETS.

The EU emissions trading system (EU ETS) is the cornerstone of the European Union's policy to combat climate change and its key tool for reducing industrial greenhouse gas emissions cost-effectively. The first - and still by far the biggest - international system for trading greenhouse gas emission allowances, the EU ETS covers more than 11,000 power stations and industrial plants in 31 countries.

Commenting Ian said:

"The ETS as it stands is broken. This may be our only chance to prove to Europe and the rest of the world that emissions trading systems can work. We need to strike the right balance between protecting industry and jobs, and meeting our climate change obligations. I don't think those goals are mutually exclusive, but I do know that the EU ETS as it stands is not delivering either.

"I want to be as open and as transparent as possible in dealing with this report, taking in as wide a range of views as possible.

« Back