Emission Trading System and Renewable Energy

Timeline	Action	Comment
June, 2021	To achieve 50-55% GHG emission reduction target, the EC will review and propose to revise where necessary, all relevant climate-related policy instruments. This will cover: •the Emissions Trading System (ETS), including a possible extension of European emissions trading to new sectors •Member State targets to reduce emissions in sectors outside of the ETS, and •The regulation on land use, land use change and forestry •The Renewable Energy Directive The EC will propose to amend the Climate Law to update it accordingly	The possibility to include the marine and aviation transportation sectors under the ETS have been mentioned several time