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Germany2024-10de

Rechtsgutachten zur Krisenfestigkeit des EU-ETS

Summary

Recent crises like the war in Ukraine and the COVID-19 pandemic have challenged the resilience of the European Emissions Trading System (EU-ETS), particularly regarding the enforcement of emission allowance surrender obligations. This legal opinion, commissioned by the German Environment Agency, analyzed the current legal framework at EU and national levels to identify potential improvements for making the EU-ETS more crisis-proof. The completed report highlights the need for clearer regulations and addressing gaps, especially concerning force majeure, corporate insolvencies, and operational shutdowns.

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