Open letter to the ITRE Committee on coal subsidies through EU ETS

Climate action| Financing the transition

3 networks and 21 organizations representing almost 50 million citizens across Europe, called on Members of the Committee on Industry, Research and Energy of the European Parliament to vote for an ambitious revision of the EU’s Emission Trading System (EU ETS) that supports a rapid phase out of fossil fuels, in particular coal.

The revision of the EU ETS provides a great opportunity to put a halt to coal subsidies. Consequently, the undersigned organisations, call on the MEPs to adopt amendments that:

  1. Deliver a meaningful carbon price to phase out coal;
  2. Exclude investments in both new and existing coal energy from Art 10c and the Modernisation Fund;
  3. Exclude investments in coal powered district heating and co-generation from Art. 10c and the Modernisation Fund.

Open letter to the ITRE Committee on coal subsidies through EU ETS



Open letter: Support public investments for a stronger, more resilient and sustainable economy

We are deeply concerned about the return of overly restrictive fiscal policy. The final compromise on the reform of the EU economic governance due to be voted on by the European Parliament and the Council is multiplying unsubstantiated and arbitrary numerical benchmarks, which will trigger a wave of cuts to public budgets across Europe. Several countries, such as Germany, France and Denmark, have already cut or are planning to cut green investment and social spending for 2024 and 2025.

Read More »