Can you separate ETS2 myth from fact?
It is essential to maintain strong climate action within tools such as ETS2, towards the most polluting sectors, but to do so in a way that benefits society as a whole and, in particular, those who are most likely to be left behind during the ecological and energy transition.
While there are legitimate concerns about socioeconomic impacts of the mechanism, there are effective tools to mitigate the adverse effects and even ensure a positive impact on households when implemented correctly.
LIFE Effect is calling on the European Commission, the European Parliament and EU member states to ensure an ambitious and timely implementation of the Emissions Trading System for road transport and buildings (ETS2).
If properly designed, national targets and the EU ETS can complement each other and be an effective contribution to achieving the 90% target by 2040.
In this policy brief, we explain how the current Multiannual Financial Framework (MFF) proposal affects the integrity of the Social Climate Fund (SCF) and the role of National Social Climate Plans (NSCPs).
We believe it is essential to uphold social justice through strong and targeted policy measures accompanying carbon pricing.
