Open letter to members of the Committee on Industry, Research and Energy of the European Parliament on the revision of the EU ETS

The open letter argues that the EU ETS currently sustains coal infrastructure through low carbon prices and the misuse of Article 10c and the Modernisation Fund. The signatories call for a tighter ETS cap to increase carbon prices and the explicit exclusion of coal-related investments from funding mechanisms to avoid locking Central and Eastern Europe into coal dependency.

• The EU has used Article 10c of the EU ETS Directive to approve a majority of up to €12 billion for the expansion and modernization of fossil fuel capacity, including lignite and hard coal, in Central and Eastern Europe.
• The current carbon price, which is below €5, is insufficient to drive a transition to low-carbon technologies and instead supports the maintenance of long-lived coal infrastructure.
• Between 2013 and 2020, coal power plants received at least €1 billion in value through the allocation of 179Mt of free permits for heat under Article 10a(4) of the EU ETS directive.
• The signatories demand that the Modernisation Fund and Article 10c be restricted to sustainable renewable energy and energy saving technologies, explicitly excluding investments in new or existing coal energy and coal-powered district heating and co-generation.

APA

Carbon Market Watch (2016). Open letter to members of the Committee on Industry, Research and Energy of the European Parliament on the revision of the EU ETS. https://carbonmarketwatch.org/publications/open-letter-to-members-of-the-committee-on-industry-research-and-energy-of-the-european-parliament-on-the-revision-of-the-eu-ets/

Chicago

Carbon Market Watch. Open letter to members of the Committee on Industry, Research and Energy of the European Parliament on the revision of the EU ETS. 2016. https://carbonmarketwatch.org/publications/open-letter-to-members-of-the-committee-on-industry-research-and-energy-of-the-european-parliament-on-the-revision-of-the-eu-ets/.

Wikipedia

{{cite press release |author=Carbon Market Watch |title=Open letter to members of the Committee on Industry, Research and Energy of the European Parliament on the revision of the EU ETS |date=3 October 2016 |url=https://carbonmarketwatch.org/publications/open-letter-to-members-of-the-committee-on-industry-research-and-energy-of-the-european-parliament-on-the-revision-of-the-eu-ets/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{carbonmarketwatch2016open, author = {{Carbon Market Watch}}, title = {{Open letter to members of the Committee on Industry, Research and Energy of the European Parliament on the revision of the EU ETS}}, publisher = {Carbon Market Watch}, year = {2016}, month = oct, url = {https://carbonmarketwatch.org/publications/open-letter-to-members-of-the-committee-on-industry-research-and-energy-of-the-european-parliament-on-the-revision-of-the-eu-ets/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }