EU proposes changes to energy efficiency and carbon trading system
Source: Energy Live News
The European Commission has published a package of reforms aimed at decarbonising the economy and giving consumers a “central role” in Europe’s energy transition.
Called the ‘Summer Package’, it includes plans to make energy efficiency “clearer” by using a single labelling scale from A to G for appliances.
The Commission has proposed all new energy efficient products placed on the EU market to be registered on an online database to increase transparency.
It expects the changes to save consumers around €15 (£10.5) every year, bring the total savings to €480 (£336) annually.
The Commission also plans to tighten the cap for the EU Emissions Trading Scheme (ETS) from 2020, with its revenues to be used by Member States to finance climate projects in developing countries.