Now the 2 day jumbo-trialouge on EU:s climate package (ETS/CBAM/SCF) has officially started! 🇪🇺💪 I will give small hints and possible updates here!
Nu har slutförhandlingarna om EU:s klimatpaket dragit igång! Uppdateringar sker löpande…
🐦🔗: https://n.respublicae.eu/emmawiesner/status/1603703355787952128
The liberal @RenewEurope delegation are the only Swedes negotiating in the room 🇸🇪
(the incoming presidency are here for monitoring purposes - and we dearly miss @JytteGuteland who is now replaced by her rock star colleague @MChahim 🌟)
🐦🔗: https://n.respublicae.eu/emmawiesner/status/1603704916614283264
Started this morning by inviting my fellow shadow rapporteurs for prep-breakfast! @MChahim @micha_bloss
🐦🔗: https://n.respublicae.eu/emmawiesner/status/1603704923581190146
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
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 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
…back in plenary mode…
🐦🔗: https://n.respublicae.eu/emmawiesner/status/1604278444786950146
01:55 - we have a deal!!
🐦🔗: https://n.respublicae.eu/emmawiesner/status/1604279350836269056
⚠️ ETS - CBAM - SCF ⚠️
We have a deal for Europe’s climate policy in the future decade!!
🐦🔗: https://n.respublicae.eu/emmawiesner/status/1604280055504699392
So incredibly proud of this team!!
🐦🔗: https://n.respublicae.eu/emmawiesner/status/1604285053332295681
But mainly this team!!!! 🇪🇺❤️🙌🌟
🐦🔗: https://n.respublicae.eu/emmawiesner/status/1604285604350640130
And also this team!!
🐦🔗: https://n.respublicae.eu/emmawiesner/status/1604285907158310912
The main elements of Europe’s future climate policy:
75 % (!!) of Europe’s emissions will be covered by carbon pricing!
This is a big towards a global price on carbon and a functioning market-based system to reduce all emissions! 🙌⚠️🌟🇪🇺🔥
🐦🔗: https://n.respublicae.eu/emmawiesner/status/1604301011878903808
Sectors included:
Maritime: inclusion 2025: 40%, 2026: 70%, 2027: 100%.
Waste incineration (and other waste treatments): included in MRV 2024, review by 2026 with legislative proposal to include waste by 2028.
Road transports and buildings: Included from 2027 but…
🐦🔗: https://n.respublicae.eu/emmawiesner/status/1604301014634487809
…in order to protect households the following measures are being taken:
- Emergency break (€106/MWh)
- Price Stability Mechanism triggered at the price of 45€/ton
- Social Climate Fund frontloaded from 2026
🐦🔗: https://n.respublicae.eu/emmawiesner/status/1604301017037901824
Ambition in the ETS1:
- The overall ambition level is increased to -62% of the emissions to reach Europe’s climate targets within the Paris agreement, this bring the EU:s overall climate target to above 57%!
- The LRF is updated 2 timed throughout the bidding phase
🐦🔗: https://n.respublicae.eu/emmawiesner/status/1604301019592245253
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