- Glass for Europe -

The parliamentary vote on ETS: a genuine move to reconnect the carbon market with the realities of industrial actors

Brussels 15 December 2016

Glass for Europe welcomes today's vote by the Environment, Public Health and Food Safety committee of the European Parliament on the reform of the EU ETS. After careful analysis of several policy options and a thorough political debate within the European Parliament, this vote paves the way for a reformed EU ETS which would reconcile cost-effective CO2 emission reductions with industrial realities.

Bertrand Cazes, Secretary General of Glass for Europe, comments: 'Members of the European Parliament have understood the necessity to reconnect the carbon market with the realities of its main actors, i.e. those industries which trade and surrender allowances but which also need protection against the risk of carbon leakage'.

In this respect, the flat glass industry welcomes the outcome of the parliamentary committee vote when it allows the assessment of risk of carbon leakage to be based on the adequate set of disaggregated statistical data. Glass for Europe also praises options put forward by Members of the European Parliament to ensure that enough free allocations are made available for industrial production growth to take place in the European Union thanks to a more dynamic allocation system, the flexibility mechanism introduced to the auctioning share and the targeted CSCF.

'Because, today's vote is the result of a series of political compromises, it will need to be improved on a certain number of items to anchor the system in industrial realities' adds Bertrand Cazes. In particular, Glass for Europe calls on Member States to ensure that product benchmarks are updated based on real GHG performance data without any flat rate reduction or minimum / maximum thresholds.

This parliamentary committee vision of a reformed EU ETS is coherent and gets us closer to striking the balance between both needs to render the carbon market more operational and to safeguard industrial competitiveness. Glass for Europe believes that it offers a good basis to clinch a rapid and comprehensive deal with the Council of the EU and the European Commission.

News title: -    The parliamentary vote on ETS: a genuine move to reconnect the carbon market with the realities of industrial actors
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Glass for Europe

Glass for Europe is the trade association for Europe’s manufacturers of flat glass. Flat glass is the material that goes into a variety of end-products and primarily in windows and façades for buildings, windscreens and windows for automotive and transport as well as glass covers, connectors and mirrors for solar-energy equipments. Flat glass is also used for many other applications such as furniture, electronics, appliances, etc.

Glass for Europe has four members: AGC Glass Europe, NSG-Group, Saint-Gobain Glass and Sisecam-Trakya Cam and works in association with Guardian. Altogether, these five companies represent 90% of Europe’s flat glass production.

Glass for Europe firmly believes that state-of-the-art glass can play a vital role in achieving the EU’s energy saving targets and promotes ambitious mechanisms to support the market uptake of energy-efficient glass technologies.

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