The European Commission sent to Member States, on Wednesday 16 March, a non-paper to highlight the potential consequences of not establishing an EU-wide emissions trading system for road transport and buildings (ETS2), both in terms of CO2 emissions and social and economic costs.
In such a scenario, at least 55 million tonnes of CO2 would have to be reduced by other means, without the guarantee that an ETS offers in terms of emission reductions, says the note, sent on the eve of a debate on...