Open letter to EU Environment Ministers on ETS funds

Carbon Market Watch and 30 partner organizations call on EU Environment Ministers to prevent the use of ETS funds, specifically Article 10c and the Modernisation Fund, for coal power subsidies. They advocate for a 450gCO2/kWh investment eligibility criterion to exclude coal, strong governance for the Modernisation Fund involving the European Investment Bank and Member States, and the establishment of a Just Transition Fund to align EU policy with the Paris Agreement.

• The authors argue that for EU policies to align with the Paris Agreement, the EU must implement an ambitious ETS with a strong price signal and cease subsidizing coal power plants.

APA

Carbon Market Watch (2017). Open letter to EU Environment Ministers on ETS funds. https://carbonmarketwatch.org/publications/open-letter-to-eu-environment-ministers-on-ets-funds/

Chicago

Carbon Market Watch. Open letter to EU Environment Ministers on ETS funds. 2017. https://carbonmarketwatch.org/publications/open-letter-to-eu-environment-ministers-on-ets-funds/.

Wikipedia

{{cite press release |author=Carbon Market Watch |title=Open letter to EU Environment Ministers on ETS funds |date=29 May 2017 |url=https://carbonmarketwatch.org/publications/open-letter-to-eu-environment-ministers-on-ets-funds/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{carbonmarketwatch2017open, author = {{Carbon Market Watch}}, title = {{Open letter to EU Environment Ministers on ETS funds}}, publisher = {Carbon Market Watch}, year = {2017}, month = may, url = {https://carbonmarketwatch.org/publications/open-letter-to-eu-environment-ministers-on-ets-funds/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }