20260312_final_joint-euco-letter-19-20-march-1-8af8d076774947d9.pdf

A coalition of organisations calls on the European Council and EU Member States to protect the integrity of the EU ETS against short-term political intervention. The letter argues that stable carbon pricing is essential for low-carbon industrial investment and warns that weakening the system would increase regulatory risks and financing costs. The signatories demand the maintenance of the agreed cap trajectory for 2030 and 2040 targets, the upholding of the polluter pays principle regarding the phase-out of free allocations, and the strategic use of auction revenues and the Innovation Fund to avoid fossil-based lock-in.

• The signatories argue that European industrial resilience and global leadership rely on a stable carbon pricing framework, noting that industry requires predictability to proceed with capital-intensive low-carbon investments.
• The letter asserts that the EU ETS has already addressed competitiveness through free allocations, which between 2008 and 2024 often covered or exceeded the verified emissions of industrial installations.
• The organisations call for the European Council and Member States to maintain the cap trajectory for 2030 and 2040 climate targets and to protect the Market Stability Reserve.
• The letter demands the application of the polluter pays principle to the phase-out of free allocations for both CBAM and non-CBAM sectors.
• The signatories advocate for the strategic deployment of the Innovation Fund and ETS auction revenues to support electrification, circularity, and renewable energy while preventing fossil-based lock-in.

APA

Carbon Market Watch (2026). 20260312_final_joint-euco-letter-19-20-march-1-8af8d076774947d9.pdf. https://carbonmarketwatch.org/wp-content/uploads/2026/03/20260312_final_Joint-EUCO-Letter-19-20-March-1.pdf

Chicago

Carbon Market Watch. 20260312_final_joint-euco-letter-19-20-march-1-8af8d076774947d9.pdf. 2026. https://carbonmarketwatch.org/wp-content/uploads/2026/03/20260312_final_Joint-EUCO-Letter-19-20-March-1.pdf.

Wikipedia

{{cite press release |author=Carbon Market Watch |title=20260312_final_joint-euco-letter-19-20-march-1-8af8d076774947d9.pdf |date=12 March 2026 |url=https://carbonmarketwatch.org/wp-content/uploads/2026/03/20260312_final_Joint-EUCO-Letter-19-20-March-1.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{carbonmarketwatch202620260312finaljointeucoletter1920march18af8d076774947d9pdf, author = {{Carbon Market Watch}}, title = {{20260312\_final\_joint-euco-letter-19-20-march-1-8af8d076774947d9.pdf}}, publisher = {Carbon Market Watch}, year = {2026}, month = mar, url = {https://carbonmarketwatch.org/wp-content/uploads/2026/03/20260312_final_Joint-EUCO-Letter-19-20-March-1.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }