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EU Delays ETS2 for Buildings and Transport by at Least One Year

Ministers cite price concerns, proposing an initial cap near €45–50 per tonne.

Overview

  • Environment ministers agreed to postpone the EU-wide carbon market for heat and road fuels to 2028, with European Parliament approval still pending.
  • Germany will keep its national CO2 pricing in 2027, with experts saying rates could align with ETS1 levels of roughly €75–80 per tonne and be set quarterly.
  • Negotiators aim for a low entry price for ETS2 to limit fuel and heating cost spikes, with reports pointing to an initial ceiling around €45–50 per tonne.
  • Poland led resistance over consumer costs, and Prime Minister Donald Tusk called the delay a negotiating success, while EU lawmakers warned it complicates 2030 climate targets.
  • Berlin continues channeling CO2 revenues into the Klima- und Transformationsfonds instead of a universal cash rebate, funding measures such as lower grid fees, EV support and heating upgrades.