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

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Carbon Trading

'Scale and potential': New Marine Carbon Dioxide Removal Coalition launches

'Scale and potential': New Marine Carbon Dioxide Removal Coalition launches

Companies, non-profits, and academic institutions pledge to work together to 'responsibly grow' emerging carbon removals sector

James Murray
clock 21 August 2025 • 2 min read
'A critical precedent': BeZero Carbon and Swiss government team up on carbon credit risk assessment

'A critical precedent': BeZero Carbon and Swiss government team up on carbon credit risk assessment

Ratings agency is evaluating new Article 6.2 projects under the Paris Agreement on behalf of the Swiss Federal Office for the Environment

clock 08 August 2025 • 2 min read
Standard Chartered and Brazilian State of Acre join forces to sell rainforest carbon credits

Standard Chartered and Brazilian State of Acre join forces to sell rainforest carbon credits

Indigenous and local communities set to receive 72 per cent of the net funds generated through new agreement

clock 07 August 2025 • 3 min read