Now: first round of statements on ETS1 ambitions by Council and Parliament.

Will be followed by first round of compromises by the Commission.

🐦🔗: https://n.respublicae.eu/emmawiesner/status/1603708130520862722

15:30 the ETS team had a lunch/dinner break while the SCF team do their rounds. We continue 18:00 with shadows meeting and 18:30 next round of trialogues!

🐦🔗: https://n.respublicae.eu/emmawiesner/status/1603782722715283458

Time to be bold!
https://www.di.se/hallbart-naringsliv/svara-forhandlingar-nar-utslappsrattshandeln-stramas-at/

🐦🔗: https://n.respublicae.eu/emmawiesner/status/1603782863945703429

As we are still far from a deal - we decided on an early night today to get some sleep ahead of tomorrows final rounds. Therefore I’m now, at 00:47 entering (what I believe is) my last meeting of tonight!

🐦🔗: https://n.respublicae.eu/emmawiesner/status/1603901046300057600

Today A LOT of positions have moved and we have achieved a surprisingly big amount of progress. At some point we even saw the finishing line tonight - but then we realized we still hadn’t discussed the funds 🙃 so… soon it is time for a break!

🐦🔗: https://n.respublicae.eu/emmawiesner/status/1603903601772204032

01:37 I now officially left the building- see you tomorrow!

🐦🔗: https://n.respublicae.eu/emmawiesner/status/1603912576781484032

Shadows meeting in Parliament ahead of next round in the trialogues! Today is the day people!

Meet the @RenewEurope superstar policy advisor @Wilhelm_Bargum 🙌🌟

🐦🔗: https://n.respublicae.eu/emmawiesner/status/1604056222331985920

So, what is at stake??

On ETS1:
- the phase out curve of free allocation (CBAM)
- the overall ambition/emission curve (LRF & rebasing)
- the function of MSR (removing emissions at certain thresholds)
- the inclusion of waste in ETS
- free allocation to industry (benchmarks)

🐦🔗: https://n.respublicae.eu/emmawiesner/status/1604070307626901505

On the funds:
- the size of the innovation fund
- the name (!) and scope of the innovation fund
- should fossil energy be financed in modernization fund (?!)
- the financing of the social climate fund

🐦🔗: https://n.respublicae.eu/emmawiesner/status/1604070310273175553

On ETS2:
- will there be an ETS2?!
- can we introduce a price stability mechanism (PSM - yes, I namned it) to stabilize the price
- an emergency break
- the starting date
- a cost pass through mechanism

🐦🔗: https://n.respublicae.eu/emmawiesner/status/1604070313397846016

It will be a late night…

🐦🔗: https://n.respublicae.eu/emmawiesner/status/1604122921169035264

Sometimes it is time for ETS negotiations and sometimes it is just time for pancakes with your advisors!

🐦🔗: https://n.respublicae.eu/emmawiesner/status/1604172996347772928

My time is almost up - looks like I’m losing! 😬

🐦🔗: https://n.respublicae.eu/emmawiesner/status/1604196404423000064

A package on Europes future carbon markets is being created…

🐦🔗: https://n.respublicae.eu/emmawiesner/status/1604215794015125506

Working with both hands. 🙌

🐦🔗: https://n.respublicae.eu/emmawiesner/status/1604216722294067201

The political groups in the parliament all have to agree on the content of the deal = many aspects to consider! Right now the deal covers ETS1+ETS2+SCF+CBAM - but still a long way to go, the night is young!

🐦🔗: https://n.respublicae.eu/emmawiesner/status/1604216729173110784

We are closing in…

🐦🔗: https://n.respublicae.eu/emmawiesner/status/1604270663350484992

…back in plenary mode…

🐦🔗: https://n.respublicae.eu/emmawiesner/status/1604278444786950146

@emmawiesner @micha_bloss Perfect start of an ETS trilogue! Thanks for the pancakes.

🐦🔗: https://n.respublicae.eu/MChahim/status/1603705665951776771