Settling the bill: Who must pay for their emissions?
Revenue from the EU’s Emissions Trading System (EU ETS) continues to be spent on subsidising heavy industry pollution rather than on climate action and ending energy poverty.
Can the EU’s expanded Emissions Trading System ensure a just transition for vulnerable Europeans and the climate?
The European Union’s expansion of the European Emissions Trading System, known as ETS2, will extend the “polluter pays” principle to buildings and road transport. This will make carbon pricing more tangible to EU citizens but can also help them decarbonise.
