Press release , Mar 20, 2026

EU Emissions Trading System (ETS 1): CO₂ price confirmed – now a reliable framework for industry is needed

Copyright: Stefan Hobmaier/DIE GAS- UND WASSERSTOFFWIRTSCHAFT

At their summit yesterday, the Heads of State and Government of the European Union reaffirmed the EU Emissions Trading System (ETS 1) as a central instrument. However, the European Commission is expected to present proposals for its further development by the summer. Dr. Timm Kehler, CEO of the German Association of Gas and Hydrogen Industries, welcomes the continued support for this cornerstone of EU climate policy:

“The EU summit yesterday confirms the fundamental direction of ETS 1. This is an important signal of reliability in European climate policy. There is no more efficient instrument than a CO₂ price to set the right incentives for investment in climate-friendly technologies in the industrial and energy sectors. These include, in particular, the ramp-up of the hydrogen economy, the increased use of biomethane, and the deployment of carbon capture and storage (CCS).

At the same time, the chemical industry, as a central pillar of industrial value creation in Germany, is under considerable competitive pressure. It is integrated into many downstream industries and is therefore of strategic importance for Europe as an industrial location. Any further development of ETS 1 must therefore take greater account of the specific framework conditions of this sector. The disintegration of value chains, relocation, and job losses must be avoided.”

About DIE GAS- UND WASSERSTOFFWIRTSCHAFT

As the voice of the gas and hydrogen industry, the association DIE GAS- UND WASSERSTOFFWIRTSCHAFT e.V. pools the interests of its members and is committed to utilising the potential of hydrogen and its derivatives as well as biogas and natural gas, including the associated infrastructure. The industry association also provides information on the opportunities offered by gaseous energy sources and their infrastructure in a climate-neutral and resilient energy system and drives the industry's transition to new gases. It is supported by leading companies in the energy industry and covers the entire value chain from production, transport and distribution to trading, sales and applications. Other industry associations and industrial companies support DIE GAS- UND WASSERSTOFFWIRTSCHAFT e.V. as partners.

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