Tag: Emissions trading
Finland must do more to achieve the climate goals, despite the decrease in emissions in 2022
However, there are still challenges in the land use sector, as the ability of forests to bind carbon dioxide from the atmosphere has weakened due to the slowdown in forest growth and the increase in logging. “We are so used to our forests, our land use sector is a permanent carbon sink. And now it…
Finnish municipalities maintain greenhouse gas emissions, but there are still challenges
In addition, total kilometers decreased slightly compared to the previous year. However, emissions from district heat production increased by around five percent, even though emissions decreased by nine percent per unit of energy produced. The increase in emissions was due to a 15 percent increase in energy consumption in the industry. Electricity consumption also increased…
The European Parliament approves key laws to achieve the 2030 climate goal
It increases the ambition of the emissions trading system, as greenhouse gas emissions from the emissions trading sector must be reduced by 62 percent by 2030 from the 2005 level. It will also phase out free allowances for companies between 2026 and 2034 and create a separate new ETS II for road transport and building…
The Finnish parties answer the questions of the Coalition
“The center will work for the next four years without compromising the opposition for the development of Finland and the well-being, success and safety of Finns,” it stated and claimed to have made the decision out of “respect” for democracy. The center and its 23 seats are apparently out of the picture, so the coalition…
Report: Finland survived the energy crisis well in 2022
According to the report, Finland survived the energy crisis in the top positions with the second lowest electricity price in Europe in 2022. This was primarily due to Finland’s reduced dependence on fossil fuels compared to most European countries. According to Korhonen, the price of electricity is predicted to return to normal levels fastest in…
Experts: Finland’s emissions are falling rapidly, measures to strengthen the carbon sink
“The future looks promising. The green transition will strengthen Finland’s competitiveness, raise labor productivity and promote attracting investments to Finland. viewed Markku Ollikainenchairman of the climate change panel. “Using the full innovation potential requires effective public guidance.” The climate change panel published on Thursday report outlines measures to enhance climate action in Finland. An independent…
Finnish experts urge the government not to curb climate action because of energy prices
It is inevitable that some of the increase will trickle down to consumers’ bills. For example, the social democrats have proposed that the number of emission allowances distributed to the energy sector should be increased in order to lower energy costs for consumers. Basic Finns have suggested that the 27-country bloc temporarily suspend the mechanism.…
Finnish MEPs welcome EU climate package, but call for stronger action
The European Parliament approved key elements of the EU’s new climate package on Wednesday. The Finnish MPs in the Parliamentary Committee on the Environment had mixed views on the compromise agreement reached after long debates between the legislature’s political groups. The positions adopted in plenary call for a reform of emissions trading, carbon taxes and…
Passengers are preparing for new airport delays as air traffic increases
Helsinki-Vantaa Airport operator Finavia warns again on Sunday about serious passenger delays. On Friday, some passengers had to queue for an hour for security checks. Congestion is likely to be at its worst in the afternoon, especially between 2pm and 4pm. The security check at Terminal 1 was closed from Sunday morning, so all passengers…
The Fossil Free Transport Forum focused on the green shift in heavy transport
In May 2021, the government adopted a resolution on a roadmap for fossil-free transport, listing measures to reduce greenhouse gas emissions from road transport. The goal is to halve transport emissions by 2030 from 2005 levels and achieve zero emissions by 2045. Road transport accounts for 95% of domestic transport emissions. For heavy vehicles, the…
Towards a carbon-neutral Finland – Government approves medium-term climate change plan
– from both a climate and a security policy perspective. At the same time, we must ensure that the transition is fair. Effective and also fair climate work is the guiding principle through the now completed medium-term climate change policy plan. The plan includes various financial subsidies for both households and municipalities to make the…
Kari: The European crisis shows that Finland is moving in the right direction in terms of climate policy
“The crisis in Europe has shown that the direction of Finland’s climate policy has been the right one: building a fossil-free welfare state is also part of security policy. Accelerating the green transition is becoming increasingly important. Clean domestic solutions bring work and well-being to Finland and reduce our dependence on fossil fuels. Last week,…
Finland expects climate action from agriculture
The Finnish government is seeking to cut emissions from agriculture as it competes towards one of the world’s most ambitious climate goals. Reducing methane in livestock and farming is a key part of the strategy, while the national emissions trading scheme aims to reduce emissions from transport. Minister of the Environment Emma Kari (Green) announced…
EU environment ministers meet in Brussels to discuss the Fit for 55 package
Environment ministers will hold a policy debate on the parts of the Fit for 55 package that are the responsibility of the Environment Council (the Emissions Trading Directive and its amendment for aviation, the Effort Sharing Regulation, the LULUCF Regulation, the Regulation on CO2 standards). passenger cars and vans and the regulation establishing a social…
Climate policy round table to discuss evaluation of medium-term climate change policy measures
The medium-term climate change policy plan describes the measures that will be taken in the distribution sector to achieve the EU’s emissions reduction target by 2030 and to achieve a carbon-neutral Finland target by 2035. transport, agriculture, building-specific heating, mobile machinery and waste management, and F-gas emissions. The climate and energy strategy, mainly for the…
The climate panel is demanding more from the government
In its view, significant emission reductions could be achieved in agriculture, transport, separately heated buildings and energy and non-emissions trading plants. “Preparations should be made to increase emissions reductions by about a million tonnes by some mechanism, either now or later. If emissions do not start to decrease, this could be taken care of, for…
Research institutes: stronger climate action is needed in the area of input sharing
At its autumn budget session, the Government decided that the adequacy of the measures included in the climate change policy plan will be assessed in March on the basis of assessments by ministries, relevant research institutes and the Climate Panel. The medium-term climate change plan is one of the Finnish government’s three climate plans. In…
Minister Emma Kari: This spring will be critical in building a fossil-free Finland
“With the new Climate Change Act, carbon neutrality by 2035 is a binding goal for Finland that will guide our climate work in the long term throughout the government. The plans serve as practical guidelines for how we can build our climate work. The medium-term climate change policy plan for transport, agriculture and individual heating…
Finland’s coal consumption will jump by a fifth in 2021
Finland’s coal consumption increased by 19 per cent in 2021 compared to the previous year, according to Statistics Finland. The country burned 50 percent more coal in July-September compared to the same period last year and 54 percent more than a year earlier in the last three months of the year. The use of coal…
Working Group on Emissions Trading in National Road Transport
In the view of the working group, the work of an EU-wide emissions trading scheme should be given priority over the national scheme. National road transport emissions trading was assessed to prepare for a scenario in which other measures to halve road transport emissions from 2005 levels by 2030 were insufficient. This work is part…
The price of electricity in Finland rose to a record high in 2021
Wholesale electricity prices in Finland rose to a record high as the electricity market returned to pre-pandemic levels in 2021, according to recent statistics from the energy organization Suomen Energia. The increase in wholesale prices was reflected in an increase in household bills, especially for consumers who had opted for a market-based electricity contract or…
EU environment and climate ministers discuss climate package
In July 2021, the Commission published an extensive package of proposals for climate legislation. The proposals in the Fit for 55 package implement the obligation of EU climate law to reduce the EU’s net greenhouse gas emissions by at least 55% by 2030 from 1990 levels. The Presidency will present a progress report on the…
Green funding has only a limited contribution to climate protection
“The reason is that there is virtually no causal link between the use of green financial instruments and the use of funds for green purposes in companies or the state budget,” says Marcel Thum, Director of Ifo Dresden. Thus, green finance may not have the positive qualities that investors want. However, private investors can actively…
The Kunming Conference offers good prospects for halting the loss of biodiversity
“The environment is the cornerstone of our existence. The common message of the countries gathered in Kunming was clear: we must finally raise the issue of halting the loss of biodiversity and protecting ecosystems at the heart of all our economic activities,” explains Krista Mikkonen, Minister for the Environment and Climate Change. The loss of…
EU environment ministers discuss EU climate package and prepare for Glasgow conference on climate change
In July 2021, the Commission published a comprehensive package of proposals for climate legislation. The proposals in the Fit for 55 package implement the obligation of European climate law to reduce EU greenhouse gas emissions by at least 55% by 2030 from 1990 levels. Environment ministers will discuss legislative proposals under the responsibility of the…
President Fuest urges the new German government to show more commitment to European politics: ifo
The new eurozone government should oppose the relaxation of debt rules and strive for a balance between solidarity, ownership and financial discipline. This includes requiring banks to support equity investments in government bonds. The EU must be able to defend its interests vis-à-vis China, Fuest continues. While some of these are in agreement with the…
Finland’s climate strategy is based on tax reforms, stricter emissions trading, Lintilä says
Last week, in connection with the budget negotiations, the Finnish government approved a list of measures aimed at achieving carbon neutrality in Finland by 2035. Approximately 6 to 7 megatonnes of the 14 to 15 megatonne emission reductions required by CO2 neutrality are in the emissions trading sector, including industry and energy production. “We realized…
The Finnish government’s draft budget was criticized in several directions
“The government managed to spark a day-long controversy over very low carbon emissions. This overshadowed the employment work held in the center’s summer spotlight. Now it was forgotten. “ Mykkänen told the newspaper that the core problem of the budget proposal is that the loan will not be withheld despite the positive economic development observed…
A leaked list of climate action by the authorities that the government ignores
The Finnish government announced on Thursday that it has agreed to reduce greenhouse gas emissions by 14-15 million tonnes, but experts have criticized the measures, which have been declared insufficient. Marita Laukkanen VATT’s Economic Research Institute told Yle "climate measures lack content", and that "the government is too confident in the desire to electrify transport".…
The Finnish government will not close the budget negotiations on schedule
According to the Minister of Agriculture and Forestry, the center has submitted a compromise proposal to the Green League Jari Leppä (Center). The Finnish government has announced that it will reduce the carbon economy by 2035, which is estimated to require additional emissions in the form of 11 megatonnes of carbon dioxide equivalents. The government…
Suitable for 55 climate package important and necessary, brings opportunities for Finland
Members of the round table saw the 55 package as an important and necessary opening. It was also considered to support Finland in achieving its own carbon neutrality goal and to provide opportunities for Finnish companies. The implementation of the package will increase the demand for sustainable solutions, which will benefit Finland as a country…
Finland: Record emission reductions, but still not on schedule for the 2035 target
Finland’s climate emissions fell to a record low last year, according to an annual climate report prepared by the Ministry of the Environment. The report, published on Wednesday, monitors the realization of Finland’s emission reduction targets. The record reduction in emissions is largely due to the effects of the pandemic. For example, traffic decreased last…
The IMO is looking for a global solution to reduce greenhouse gas emissions from shipping
measures to reduce greenhouse gas emissions from international maritime transport in the short term. The weakness of this compromise is that it does not provide effective punitive measures for ships that do not take the necessary corrective measures to reduce emissions. This complicates efforts to reach the 2030 emissions reduction target. The measures are due…
Finland is amending legislation to curb forest purchases by foreign investors
Minister of Agriculture and Forestry Jari Leppä (Center) revealed to the broadcaster that the change is expected to be approved early next year. “During the session, we decided to limit the ability of forest funds to take advantage of the reduction,” he confirmed, adding that the decision closes a loophole in the income tax system…
Peat producers oppose the government’s energy policy
A convoy of more than a hundred articulated trucks rose to the center of parliament in central Helsinki on Friday morning to demand a change in the policy for the production and use of peat. The producers’ demonstration was to put pressure on demands to classify peat as a renewable resource in proportion to its…
Friday’s newspapers: Progress in budget negotiations, security concerns in Russia and Ukraine, mobile Covid testing
Tabloids Ilta-Sanomat borrows its sources government talks on next year’s state budget framework, saying progress has been made, but also on Wednesday’s late Thursday Annika Saarikko described the progress "mouse steps". At the same time, Helsinki every day Helsingin Sanomat writes that, in addition to the budget itself, these negotiations can determine whether or not…
The Finnish Government’s Interim Session sits for the third day
“The work has progressed, but there are still differences of opinion. The number of unresolved issues is not too large, but they are all difficult and related to principles, ”he analyzes leaving the Savings House before Thursday turns into Friday. “It is tough.” In particular, there are differences of opinion between the center-left alliance and…
The governing parties are at odds with the priority of the next state budget
The coronavirus epidemic has increased both unemployment in Finland and government debt. While there is no disagreement between the five parties in the current left-wing federal government over the need to boost economic growth and job creation, two partners, the Center and the Swedish People’s Party, are also working to curb spending. The governing parties…
China introduces new trading system to reduce emissions
China has introduced a national emissions trading scheme to reduce its carbon dioxide emissions from power plants and heavy industry. It will now be the largest emissions trading system in the world, twice the size of the EU. China aims to start reducing its carbon dioxide emissions by 2030, but several international experts doubt that…
The ministry will develop a roadmap for zero-emission vehicles by 2045
The Ministry of Transport and Communications has prepared a draft roadmap for Finland’s goal of moving to carbon-free vehicle transport over the next decade. The country’s long-term goal is to at least halve transport emissions from 2005 levels by 2030. In 2005, road transport emissions were around 12.5 million tonnes of coal, and by 2030…
HS: The Finnish government is kicking off emissions from heavy traffic
Helsingin Sanomat wrote on Thursday that the five ruling parties differ in terms of both the measures themselves and the timetable for their implementation. However, no measures have been completely removed from the table and the possibility of tax increases could be reviewed in the autumn if other measures do not lead to targeted emission…
Marin, Finnish groups are positive about the EU’s climate agreement
prime minister Sanna Marin (SDP) said on Friday that the latest European Union agreement on emission reductions is good news for Finland. The Prime Minister said after an all-night negotiation meeting that led to an agreement that Finland was satisfied with the outcome. “The negotiations took time because the details were different [emissions cuts] should…
The EU wants to see new EU taxes to finance the rescue package
It is still unclear who will pay for the large rescue package of more than SEK 8,000 billion that the EU decided on this summer. The money will be borrowed and the repayment is estimated to cost the Swedish Treasury close to 150 billion. But now the European Parliament demands that, instead of burdening taxpayers,…
This is how the EU will achieve the tightened climate goal
In his broad speech, the President of the European Commission, Ursula von der Leyen, announced a proposal for a stricter climate goal by 2030. Today, the Commission presented a plan for how the EU will achieve the goal. – If we are to be serious, if the EU is to become climate neutral by 2050,…
The government is revealing measures to increase more than 30,000 employees
The package of measures drawn up by the five ruling parties also includes a few previously announced measures, such as the Reduction of the Unemployment Rate for Retirement, which is expected to have an employment impact of 6,500 to 7,000. One of the most important new measures is the reform of employment services to provide…
