The European Commission’s Executive Vice-President in charge of the European Green Deal, Frans Timmermans, expressed serious reservations about the possibility of the Commission intervening to regulate the price of carbon under the EU Emissions Trading System (ETS) on Friday 7 May, during a video conference organised by the European University Institute.
“It’s a market and we should be very careful not to intervene because that would create non-market-based price and that would...