Beatriz YORDI

What Beatriz YORDI has said (3)

• “Many thanks Chairman I will try to be very disciplined with the with the time on just just allow me to clarify one thing the social climate fund funding can be eligible since investments for twenty twenty four so it can be used already the modernization fund is there the recovery plan is there the ETS1's DTS1 revenues are there last year nearly forty billion euro that can be used by member states to invest in clean building and transport. We are starting the front loading we are working with financial institution and doing our best to put another one but believe me that there is already an enormous quantity of financial flows going to building and transport decarbonization more to come. Yes you are right we need to put more to come on the on the paper that it was presented by different member states so ETS ETS eighteen sorry ETS2 is indispensable to decarbonize sectors we are we are we are convinced of that and we are I think that we are committed to a smooth implementation of ETS2 and we do not want to run the risk of high volatile. This is why we have upfront thirty percent of extra auctioning so it's one hundred and thirty percent that's why we have measures when we touch if we touch the forty five euros and more to come but as my commissioner said and he said it in the council I can repeat it here in this in this in this in European Parliament we have received the letter we are seriously looking at it and we will respond to this very soon. On the on the social leasing of cars let me just also answer you that we currently have ten member states considering social leasing of cars and I think that's a very important thing considering part of the of the of the climate plans because we are negotiating and discussing with sixteen member states currently and good news on ETS2 transposition we have fifteen member states today Bulgaria transposed ETS2 Slovenia Cyprus and Luxembourg this summer so sixteen member states full transposition five member states partial we are talking about seventy percent of the whole emissions in Europe cover. Let me address also to Mister Shahim it is true that it's a package and it is that's why it's very important that we go on infrastructure that we stop the fossil fuel subsidies that we do also renewable taxation and many more. We are today at sixteen percent of electrical vehicles and this yes it is we would like an European industry as we would like an European industry to Mister Vondra question also in Czech Republic that you are number five in Europe in a in a heat pumps development we would like also heat pumps in Silesia and bikes is a choice of the citizen just to say that we have antidumping measures for Chinese bikes in Europe and we have touched a record of one point two million people working in that sector but it's a choice of the city the citizen we are not stopping cars of course not we think that is a key European industry crucial European industry. Let me also just clarify that Missus Sardone it's not a tax we are talking about a system that it goes and invest what is more what is cheaper to invest and this to go to Bulgaria or refurbishment of buildings or to go to Spain on solar energy or to go to cars in Czechia this is a choice of the citizen and then depending on the choice of these citizens you can you can have cheaper solutions so that's not a tax. The protection of European industry under development is also key for the ETS sorry if if I could finish so it is it is key also to defend European industry as it is key to defend European solidarity and let me remind that both ETS1 and ETS2 have a strong components on solidarity ETS1 has a solidarity fund a modernization fund called where thirteen member states are eligible and we are talking about a volume of fifty seven billion euro unfortunately not fully used. Transport on demand for regions key points we can do transport on demand for citizen living in rural areas and it is it is part of many of the social climate plans shared by member states so all in all we think that this pan European instrument could be opportunities for citizen as it could be also opportunities for our industry many thanks.”
  Extension of the EU Emissions Trading Scheme · Road transport environmental policy · Energy performance of buildings
• “Many thanks Chairman. Just let me start that ETS one affects citizens also. I mean ETS one covers electricity. Electricity bills are paid directly by citizens. We have been working and implementing ETS one for twenty years. The implementation of ETS one has made one of the most impressive developments and supported impressive development of renewable energies and controlling also prices through the MSR, the Market Stability Reserve. So it's not new that carbon prices affect citizens. I understand the worries of many members of the Parliament but ETS one has been doing this in the last twenty years. So let me also insist and thanks for those who call for stability and also to recall, and also Peter Lisa, the context where we adopted the Green Deal, that it was post-COVID and with the energy prices in the sky, incredibly high. The bill for Europe is still four hundred billion euro on fossil fuels and I think that we need to communicate better this to our citizens, Commission, member states and members of the Parliament and politicians. There are also, let me say, another four, there are already in Europe around forty-five million poor people, poor people in transport and energy ports. This is a reality that we have now. The question is: are we taking five to six percent increase of the energy bill of high medium class, high part of the society from a wealthy perspective and inject it in a progressive measure? Is that a big problem? Is that a big problem that we are really putting opportunity for citizens that they cannot cope? So they are in the cost that we were talking about. We are talking about thirty euros, we know that, and this is the estimation we have. Why we are shy as Commission on prices is because we can also ourselves modify the perspective. But we have, and it's good that more or less are coming to new scenarios that more align on our side. Why is this thirty euros for us the price and for others is one hundred, one hundred and fifty? The key is something in other scenarios they are not considering any other policy as if the carbon pricing was a kind of isolated instrument, which is not so. A price of thirty euros and a five percent gasoline increase could mean that in France a citizen could save having an electric vehicle that you have now affordable models in France and in many other places in Europe of twenty-six thousand, twenty-eight thousand per car. You can save one thousand three hundred euros per year on your bill. So this is the stability that we were mentioning. Solidarity elements, yeah, it has several solidarity elements. First ETS one, plenty of the ten percent, the Modernization Fund, that I insist, Modernization Fund from ETS one can be used for building and transport energy efficiency measures. The solidarity of the Social Climate Fund is that you have, we have based the redistribution meaning what a country pays and what a country receives. Example of Poland: Poland receives eleven point four billion euro of Social Climate Fund, nearly half of it comes from European solidarity because the key, the solidarity key is based on GDP, on rural areas because we know that rural areas is a very important element when we are talking about access to transport, losing competitiveness. I insisted before, if we want to have a European industry on electrical vehicles, a European industry on refurbishment of buildings, a European industry on trains and trams, a European industry of heat pumps, and we have very good examples in the countries already happening. On the part of the question that it was which part of the ETS one was industry closing, I have to say that the clear large smashing part of ETS one reduction was the switching from coal to gas and from coal to renewables and the massive penetration of renewables. It has not been a massive industrial decarbonization success; it has been a massive power sector decarbonization success. And just on communication, you are right, we need to do more. We need to do more with transparency on the elements of what ETS two means and we are trying to do our best. We have just published the best practice of what examples can be around Europe already existing because cross-fitting is fundamental. Why not the social leasing of cars that was done in France exporting to other countries? Why not the success of heat pumps in many countries passed to others? So this cross-fitting is important. On the market, an MSR proposal was led by Czechia and I have to also recall that we adopted the package in very difficult times under Czechia Presidency and it was great support to say that MSR has different elements. I mean reinforcing the trigger when we touched the forty-five euros. It has also reinforcement of MSR meaning non-cancellation of the allowances that exist in the MSR. And as I said, we are looking, it's not that we are just ignoring that proposal. This proposal will mean a legal change on the MSR regulation. We are looking to it with high interest because we hear the worries of many of you on possible very early prices and this is why we will come back soon to you. But just to finish with that, we already have countries like Italy, Croatia and many more, and Germany of course, that have already transported ATS to reaching seventy percent of member states in Europe.”
  Energy (green transition) · Extension of the EU Emissions Trading Scheme · EU approach to electricity market and prices
• “Very good many thanks Mr Chairman. I'm just waiting for the slides. Yes there it is. So just I will summarize the main elements of the thanks a lot the main elements of this instrument the ETS2. Does it work? Yeah it works. So the case Mister Chairman you already summarized is the EU dependence on imported fuels. We have a bill of nearly four hundred billion euro per year for Europeans, for member states, for the whole society. That causes energy prices volatility and also high energy supply cost. We are talking about two sectors that have a high dependence on fossil fuels, ninety percent for transport, fifty percent for buildings. So these two sectors if I count building and roads it's thirty five percent of the total emissions. If I add the small industry it's a little bit more roughly forty percent of the economy. So we try I mean the objective of the ATS2 is to decarbonize road and building heating and try I mean keep lower energy bills offering opportunities to decarbonize other policies. I mean we have experience on ETS1 we know that it is a cost effective instrument. We know that it reduces emissions where it's cheaper to reduce them and that's why due to the success of ETS1 have in this camera parliament and council adopted this instrument. I think it's a little bit hard no here we are sorry I jumped to don't know I need to point to voila here we already voila objectives so reduce emission number one complement to other policies this is very important. We think that carbon pricing is a seen quantum instrument but it's not the only instrument. It needs absolutely to be accompanied by other measures from infrastructure to fiscality to the building directives and and much more. So NSSHA number two NSSHA are predictable and a stable framework and third it will be revenues reinvested in the economy. We need to channel them in a quick manner and to roll out decarbonization technologies offering cities an opportunities. Mister Chairman mentioned the social climate fund that emerges and comes from parts of the ETS2 and is a social instrument for decarbonize the the economy emission reduction. If you see the objectives this is objectives for two thousand and thirty sixty two percent is ETS1 reduction it was called by many as unrealistic. We are today at minus fifty percent reduction in the ETS2 it's not as ambitious as ETS1 but it's a minus forty two percent of the of the reduction. So policy one as I said is a policy mix we need other measures we need CO2 standards infrastructure renewable policy and also member states taxation. I put also in the in the upper part an important one which is all the funds available. We will need to reorient the funds outside from fossil fuel subsidies to reinject in the decarbonization from modernization fund for coalition funds RRF or Invest EU. Objective number two preparing a smoother start there was a fair warning that we need to start not with high prices that's why parliament and council agreed on some measures on keeping the the prices in shape. We have been working since more than one year and a half already with member states on monitoring on streamlining on how national authorities can better implement that. I'm trying to keep a good rhythm but this is voila I'm going in the thank you now one slide more just sorry that's I think voila last one objective number three to keep time short targeted revenues used that's key that we recycle this flow of money into the households that we know that on household and and transport solution we know that the richer part of our European society emits much more emissions than the poorer part of our society. Thirty two percent of the emissions are the richer part nine percent is the same band of of citizens that are responsible of emissions so same same tranche same same percentage is thirty two percent emissions nine percent emissions all ETS2 and this I have to say that it was this come this parliament that insisted that all the revenues need to be invested in energy climate and social purposes and this part is a social climate fund but not all. So we are talking about remain remaining remaining budgets revenue sorry of around two hundred and seventy billion euros if if I take if I take the whole Europe until two thousand and thirty two as as mentioned there is this social part which is key and it's not the objective of this meeting but just to say that we are working very close at this moment with sixteen member states have already sent the draft plans and we are working hand in hand on the ideas that how they want to target the vulnerable citizens. Many thanks.”
  Extension of the EU Emissions Trading Scheme · Road transport environmental policy · Energy performance of buildings