EU ETS1, EU ETS2, North American Carbon, GCC
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Asset valuation, Deal flow, Market prices
Biomethane, Transport fuels
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The European Commission has adopted and presented its 2027 work programme, which informs the European Parliament and the Council about its priority areas and planned legislative initiatives. Presented by European Commissioner for Trade and Economic Security Maroš Šefčovič, the programme focuses on improving competitiveness and dealing with high energy prices, and lists energy as one of the policy objectives under sustainable prosperity and competitiveness, with the focus on a post-2030 framework and simplification package.
The Emissions Trading System revision proposed on 17 July is listed as a pending priority initiative. The update sets out what the 2027 work programme and its annexes indicate for the post-2030 framework, and what this means for the timing of the files on effort sharing, renewable energy and energy efficiency targets, and international credits.
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