It now seems that the revision of the Energy Tax Directive (ETD) is dead. Given how negotiations have been dragging on for three and a half years while only eating away at everything the Commission proposal sought to achieve, it is probably good to call it a day and start afresh.
EU governments last week agreed three modest targets to cut greenhouse gas emissions, increase the share of renewable energy and improve energy efficiency by 2030. Environmental groups said the goals would not do enough to cut Europe’s dependence on fossil fuels and put it on track to meet its own 2050 climate pledges.
Last week, the European Council composed of heads of states and governments reached an agreement on the EU’s climate and energy targets for post-2020. We ended up with three targets: greenhouse gas reductions of at least 40% with binding national targets; a 27% target for renewable energy; and a non-binding 27% target for energy efficiency. The deal is fraught with “flexibilities”, and includes significant money transfers to poorer and coal-dependent EU countries. But what does this deal mean for transport?
Even if carbon prices in Europe’s emissions trading system (ETS) trebled from today’s levels , including road transport in the ETS would only reduce oil use and CO2 emissions from transport by 3% over the next 15 years, a new study by Cambridge Econometrics reveals. This level is insufficient for road transport to make a proportionate contribution to Europe’s climate and energy security goals.
A study ordered by the Commission has recommended the EU’s approach to regulating car and van emissions should be changed, as it is not helping to keep the environmental impact of road vehicles to a minimum.
Opinion by Jos Dings - T&E Director
Did we miss something? Last year, the European Commission didn’t propose a single new legislative measure to clean up transport. To be fair, it has been spending most of its time worrying about the future of the Eurozone. As a result, for T&E this was the sort of year where seeds for smarter transport policy were sown. We’re optimistic that next year could bring a decent crop of positive changes.
By Chris Bowers
Editor, T&E Bulletin
In June 2004, I wrote an open letter to the FIA, the governing body of Formula 1 motor racing, suggesting it ought to limit the amount of fuel available to drivers in grand prix races.