Cyprus Mail
Cyprus

Cyprus opposes EU emissions trading system directive

Cyprus has raised objections to the revision of the European Union’s Emissions Trading System (ETS) Directive.

According to a statement, earlier this week Agriculture Minister Nicos Kouyialis participated in a meeting in Brussels of the EU Environment Council, which mainly focused on the proposal to review the ETS Directive.

The Directive aims at reducing greenhouse gas emissions. Its review is part of the EU’s climate action to fulfil its commitment under the Paris Agreement.

After deliberations and in spite of objections posed by nine member states, including Cyprus, the Council adopted a negotiating position with a qualified majority.

Kouyialis said he “strongly opposed” the proposal due to the reduction of a high percentage of allowances to be auctioned and the doubling of removal emission allowances from the carbon market, as well as their cancellation.

EU Ministers also discussed the implementation of the 2030 Agenda for Sustainable Development and what it means for the EU’s environmental policy.



Related posts

Private colleges say visa clampdown having ‘catastrophic effects’

George Psyllides

Everything Flows festival seeks to bring creatives together online

Eleni Philippou

Public want emergency response to focus on fires and pandemics

Jonathan Shkurko

UN special envoy Lute to visit on November 30

Evie Andreou

Coronavirus: List of rapid testing centres for Tuesday

Staff Reporter

Cypriot products included list recognised by China

Jonathan Shkurko

5 comments

Comments are closed.