The session presented how the EU’s new carbon pricing system for buildings and road transport, the ETS2, is set to impact households in central and eastern Europe, and what policies are needed to ensure fairness and protect vulnerable groups.
Germany accounts for almost a quarter of CO₂ emissions in the transport and buildings sectors in the EU, which are covered by ETS-2. The faster emissions are reduced domestically, the more stable the European CO₂ price will remain and the lower the risk of sudden cost increases.
ETS2 is expected to play a decisive role in reducing household dependence on fossil fuels is strategically significant: it can determine not only the success of climate policy but also place social justice at the center of the transition.
This event discusses the EU’s 2040 target and what that means for the new EU Emissions Trading System for buildings and road transport (ETS2)
As part of the LIFE Effect project, Carbon Market Watch (CMW) is looking for service providers to implement knowledge, advocacy and communication activities in the Spanish, French and Hungarian context related to the EU’s Emissions Trading System for road transport and buildings (ETS2).
Nikos Mantzaris spoke on Naftemporiki TV about the impacts of the new Emissions Trading System (ETS2) for buildings and road transport on vulnerable households, as well as the tools Greece has at its disposal to address them.
