New EU Emissions Trade Scheme – how to mitigate the risks for European consumers and SMEs

The European Enterprise Alliance together with the Union of Entrepreneurs and Employers and SME Connect kindly invites to join an online discussion.

Although the current ETS system has serious flaws, the EC decides to extend the ETS, which in turn will greatly harm the consumers and SMEs, while bringing little effect in terms of decarbonization.

The ETS is considered to be one of the greatest successes of the EU’s climate policy. Describing the ETS in the press release accompanying Fit for 55, the European Commission recalls that over the past 16 years, it has reduced emissions from electricity generation and energy-intensive industries by 42.8%. However, it should be remembered that the decarbonization of energy generation over this period is due to many factors, not just the ETS. Research further indicates that the actual impact of EU ETS on reducing greenhouse gas emissions remains limited.

Agenda:

Welcome and Introduction: Mr. Marcin Nowacki, Vice President Union of Entrepreneurs and Employers, EESC Member

Key Speech Address: Mr. Marian – Jean Marinescu, Member of the European Parliament, ITRE Committee

Mr. Marek Lachowicz, Economic Specialist on its ETS Report Findings

Mr. Damir Filipovic, Secretary-General, the European Enterprise Alliance

Closing Remarks: Mr. Horst Heitz, Chair of the European Steering Board of SME Connect; Executive Director SME Europe of the EPP

Moderation: Ms. Kamila Sotomska, Union of Entrepreneurs and Employers