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EU bets big on emissions trading scheme comeback

The EUs carbon market is back. After years on the sidelines of the EUs regulatory machinery, where it was largely written off, the Emissions Trading System (ETS) has returned as the cornerstone of the blocs climate policy. Brussels is betting that a major overhaul of the cap-and-trade scheme — set to be presented as part of its mammoth Fit for 55 climate policy package on Wednesday — will speed up emissions reductions, incentivize companies to invest in clean technologies and help the bloc...
Bruxelles Capitale Dimitri Vergne Sam Van Peter Liese Bas Eickhout European People Party

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