Report: EU Emissions Trading System is becoming an 'anti-climate policy'

Jessica Shankleman
clock

Campaign group Sandbag warns ailing system is now cancelling out CO2 reductions from renewable energy and energy efficiency directives

The European Union's carbon trading scheme has delivered a price of carbon that is so low that it risks becoming an "anti-climate policy", cancelling out hundreds of millions of tonnes of emissions savings...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose from 3 paid membership levels or start a 7-day no strings trial.

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Carbon Trading

World Bank: Carbon pricing revenues near $100bn a year

World Bank: Carbon pricing revenues near $100bn a year

New report reveals how carbon taxes and emissions trading schemes are curbing emissions and generating valuable revenues for exchequers

James Murray
clock 25 May 2023 • 2 min read
Credit: iStock

European Council green lights moves to reform and extend carbon market

Sweeping reforms expected to push up price of carbon, extend market to cover shipping, buildings, and road transport, and pave way for carbon border adjustment tariffs

James Murray
clock 26 April 2023 • 5 min read
Credit: iStock

Abatable snaps up Ecosphere+ to create expanded carbon credit trading platform

Merger of the two firms is expected to accelerate the development of the voluntary carbon market

clock 17 April 2023 • 2 min read