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.
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.
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).
Reopening the MSR decision represents a significant risk to weaken climate ambition particularly in the current political climate where several countries are seeking to roll back climate policy; ETS2 included.
The study shows that implementing ETS2 can be a significant opportunity to both tackle the widespread phenomenon of energy and transport vulnerability in Greece and reduce the carbon footprint of buildings and road transport. The key is to leverage funding sources beyond just the Social Climate Fund
With some countries only beginning public participation in June (and others not having started at all), NGOs are concerned that measures outlined in NSCPs will be insufficient to protect those most vulnerable to ETS2 prices. National governments must prioritise completing their plans as soon as possible, but not at the expense of meaningful stakeholder engagement.Â
The EU’s Emissions Trading System is essential to meeting the European Union’s 2040 climate target. Watering the EU ETS down with international carbon credits or carbon removals will prove fatal, concludes a study commissioned by Carbon Market Watch.