European offset projects: a tool to rally Poland towards the 2030 energy climate package

March 2014 A newsletter of CDC Climat Research N°89 European Offset Projects: A tool to rally Poland Key points towards the 2030 Energy Climate Package • EUA supply: after the approbation of the backloading regulation, the number of auctioned allowances for 2014 will be reduced The next European Council of head of states, which will take place 20 and 21 March, by 400 million. National allocations plans of will have its frst debate regarding the communication “A policy framework for climate all 28 member states for the free allocation of and energy in the period from 2020 to 2030” published in January 2014 by the European allowances for 2013 have been approved.Commission. Finding a compromise between the Member States on this package is a challenge after Poland’s veto on the “energy” and “towards a low-carbon economy by • 2030 climate and energy package: the EU 2050” roadmaps. This compromise, if there is one, will constitute the EU’s contribution Parliament adopted a non-binding resolution to the preparation of the climate conference in Paris in 2015. on the 2030 Climate and Energy Framework. On 20-21 March the European Council will The debate opens on the Commission’s proposition of reducing greenhouse gas meet to discuss this framework. (GHG) emissions by 40% in 2030 compared to 1990 levels.