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Putting transport in the ETS will hinder job growth, stall emissions cuts – study

Even if carbon prices in Europe’s emissions trading system (ETS) trebled from today’s levels [1], 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.

Including transport in the ETS: Counterproductive and legally questionable

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This briefing summarises a legal analysis highlighting how the proposals are contrary to the requirements of the current ETS Directive. It also covers new research illustrating why including transport in the ETS would be counterproductive; compared with a scenario of ambitious post-2020 vehicle CO2 standards there would be 160,000 fewer jobs, and €22/77 billion higher oil imports in 2030/2050. Climate policy, as well as transport emissions reductions, would stall.

Sowing the seeds of smarter transport policy

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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.

Opinion

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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.