Can you separate ETS2 myth from fact?
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.Â
The development of the Social Climate Plans is a great opportunity to improve the quality of life of citizens by combining the reduction of energy bills with climate protection.
This event explored the transformative role of the Social Climate Fund (SCF) in addressing energy and transport poverty while enabling a fair transition to a fossil-free future.
