Greece and ETS2: What It Means for Households and How to Protect the Most Vulnerable

Greece and ETS2: What It Means for Households and How to Protect the Most Vulnerable

For long-term solutions to energy vulnerability, measures such as social housing, shallow or deep renovations, heat pumps, and solar PV systems (individual or through energy communities) targeting specific subpopulations are expected to benefit 276,000–348,000 households, at an estimated total cost of EUR 6.8–8.4 billion for 2027–2032.

The EU ETS and the 2040 climate target

The EU ETS and the 2040 climate target

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 this study. The study models various climate scenarios and strategies for calibrating the Emissions Trading System to the new reality of the 2040 climate target, including enabling polluters to use international credits or carbon removals on the EU ETS.

Fit for 2040

Fit for 2040

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 and conducted by the Oeko Institute. The study models various climate scenarios and strategies for calibrating the Emissions Trading System to the new reality of the 2040 climate target, including enabling polluters to use international credits or carbon removals on the EU ETS.