News from 14.01.2020 | Last changed: 14.01.2020
EU ETS: Increase of Cap Reduction Factor up to 2030 necessary
… that the cap reduction factor should be increased to 4 percent starting from 2021 or 5.8 percent starting from 2026. 14.01.2020 How to derive an emissions budget … climate and energy policy, means to increase the LRF up to 2.9 percent from 2021 onwards. However, this would still require drastic and likely unrealistic … with the cost-effective emission budget would require an LRF of 4.0 percent between 2021 and 2030. Such a pathway would result in more realistic climate action …