A dangerous approach to addressing high ETS2 prices would be to reform the Market Stability Reserve prematurely – before the real price signal and emission levels in the market become clear and without considering the environmental implications of the additional allowances that would enter the market and risk exceeding the ETS2 emissions cap.
A small number of politicians are pushing to reverse course on the Emissions Trading System for road transport and buildings (ETS2). However, such a u-turn would fuel the climate crisis and cost European society and the economy dearly. Member states have all the tools to roll out ETS2 fairly and effectively but they need to act now.
Carbon Market Watch is campaigning alongside eight EU and national civil society organisations for the imminent Emissions Trading System for road transport and buildings and the Social Climate Fund to deliver a fair and effective decarbonisation transition.
All but one European Union member state have fallen foul of the date to enter the new Emissions Trading System for road transport and buildings (ETS2) in the national law books. This delay sends completely the wrong signal, argues Eleanor Scott.
Our latest FAQ has the answers to everything you always wanted to know about the Social Climate Fund
The revision of the EU Emissions Trading System (EU ETS) in 2023 expanded the scope and reformed other aspects of the ETS to align with the EU’s climate goal of 55% net emissions reductions by 2030. As a result, many changes were made to the system including the creation of an emissions trading system to …
Read more “Modelling 2030: how the reformed EU ETS affects your member state”
The recent drop in prices on the EU’s Emissions Trading System (EU ETS) threatens to slow industrial decarbonisation and to deprive state treasures of urgently needed funds for climate action.
The EU Emissions Trading System is a cornerstone of the European Union’s climate policies, yet it is poorly understood. Here, we answer some frequently asked questions about the EU ETS.
Taylor Swift claims she can offset the immense carbon footprint of her private jet but the only way for high-flying celebrities and the superrich to reduce their climate impact is to fly less and choose more sustainable forms of transport.
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