Europe needs to urgently prepare for carbon market ‘endgame’

As of 2039, energy companies and energy-intensive industries will only be able to use CO2 allowances which they have previously banked or buy them on the EU carbon market, write Claudia Günther, Michael Pahle, Sebastian Osorio and Simon Quemin

In just 16 years from now, the CO2 cap under the EU’s emissions trading scheme goes down to zero. This…

Full text: https://www.euractiv.com/section/emissions-trading-scheme/opinion/europe-needs-to-urgently-prepare-for-carbon-market-endgame/

Author

By Claudia Günther, Michael Pahle, Sebastian Osorio and Simon Quemin

Source

Euractiv, 2023-04-28.

Supplier

European Union
Potsdam Institute for Climate Impact Research (PIK)

Share

Renewable Carbon News – Daily Newsletter

Subscribe to our daily email newsletter – the world's leading newsletter on renewable materials and chemicals

Subscribe

More news