Full Eurogas position here. The benchmarks are a key component of the ETS and Eurogas welcomes the current open discussion on this critical piece of legislation. The ETS is a fundamental pillar of the EU climate policy framework for driving decarbonisation and providing the necessary CO2 price signal, thereby unlocking the deployment of decarbonisation solutions such as renewable and low-carbon gases and CCUS supporting a cost-efficient transition. While a strong and credible ETS must absolutely remain in place, we believe there is a need for targeted adaptations as part of the upcoming ETS review to be kicked-off in July 2026, to provide the necessary relief and predictability for EU industry, while not penalising early movers that have already invested significantly to bring down their GHG emissions. Ahead of the broader discussions on the ETS starting July 2026, Eurogas is listing below its recommendations for the updated EU ETS benchmark values for 2026-2030, in particular the fallback benchmarks. Eurogas believes that the proposed 2026-2030 benchmarks are overly tight and do not necessarily align with the EU ambition to boost competitiveness. To that end, Eurogas: Supports addressing the methodology comprehensibly in the July 2026 ETS review. The approach of extrapolating from the top 10% […]