The Green Package – Proposed EU ETS and Renewables Directives: A CEER Position Paper

The CEER shares the EU concerns on climate change and recognises the need to take immediate action in this area. As such, regulators welcome the EU’s “Climate action and renewable energy package” (Green Package) which will facilitate the achievement of binding targets on greenhouse gas emissions (GHG) to which all Member States have committed and where renewable energy has a key role to play. This paper sets out a few areas where regulators feel the mechanisms for delivering the targets need refinement to reflect the particular circumstances of the energy sector, and proposes ideas for how this can be achieved.