17
Apr
2023
Watch
Revision of the EU Emissions Trading System - Monitoring, reporting and verification of greenhouse gas emissions from maritime transport - Carbon border adjustment mechanism - Social Climate Fund - Revision of the EU Emissions Trading System for aviation (debate)
Mr President, the emissions trading system under discussion is one of the most effective climate tools in the European Union. According to studies, it has proven to be a very technology-neutral and market-driven way to reduce emissions. At the same time, with the aim of reducing emissions by 62% by 2030 through this ETS, we must ensure that our companies are competitive and that this does not lead to carbon leakage outside the European Union. Emissions trading will also expand to maritime transport. Here I would like to thank Parliament for taking into account the specific circumstances of Finland. Due to winter navigation, Finnish shipping must always use ice-reinforced vessels that are heavier and consume more fuel. It is great that Parliament understood these special circumstances and that compensation is included in this calculation model. The emissions trading system, including for aviation, will be tightened, and for aviation, as well as for maritime transport, it is important for us to act at international level, because it is not only enough to tighten emissions trading within the European Union for these global sectors, but we must involve the whole world in this. In the future, road transport and buildings will also be included in emissions trading, and their revenues will be used to finance the Social Climate Fund. I have to say that I have been very critical of that Social Climate Fund and still am. We already have funds in the European Union to support the green transition, to support the just transition. It would be essential to use these funds efficiently and not to create new ones.