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Image header Agence Europe
Europe Daily Bulletin No. 12371
SECTORAL POLICIES / Climate

Paris Agreement’s 1.5° objective requires EU to set a stricter cap for ETS, according to Sitra and l'Öko-Institut

If the EU is to meet the 1.5° target of the Paris Climate Agreement, it is essential that it radically reform its greenhouse gas emissions trading system (ETS) to reduce the number of allowances, according to a study recently published by the Finnish innovation institute Sitra and the Öko-Institut, a German research institute specialised in sustainability issues.

This study on ‘the role of ETS in raising the EU’s ambition’ examines how ETS objectives should be modified in a scenario...

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Op-Ed