Position paper - AmCham EU's position on the EU ETS reform

European Commission’s ETS proposal lacks essential elements to enhance EU competitiveness and investment security

The American Chamber of Commerce (AmCham EU) counts among its membership global companies producing and heavily invested in Europe. As other global companies, AmCham EU members carefully weigh the decision of where to invest, and look at the regulatory environment as an investment signal among others. It is from this perspective that AmCham EU wishes to contribute to the debate surrounding the proposal on the future of the European Union Emissions Trading System (ETS) post-2020. While an effective ETS needs to be predictable, trustworthy and send the right investment signals to global markets, the current state of the proposal fails to provide for these crucial elements.