How much do you know about carbon pricing?
Signatories believe that to better prepare member states for the implementation of ETS2, early access must be granted to revenue before the system begins in 2027
Discussion on how the EU’s upcoming Emissions Trading System for buildings and road transport (ETS2) can be leveraged to truly benefit society, particularly the communities most affected by its impacts
This event discusses the impact of the EU ETS2 – the EU’s new emissions trading scheme that applies carbon pricing to buildings and road transport – on citizens and households, raising questions about fairness and revenue distribution.
By Luke Haywood and Hannah O’Sullivan – discussing the ETS-2 carbon pricing system, the need for fair revenue distribution, and complementary policies to reduce fossil fuel use and support low-income households.
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.
Successful carbon pricing in transport and buildings would not only help Europe meet its emissions reduction goals; it could set a global benchmark, inspiring effective climate action worldwide.
