On Tuesday 13 May, the European Commission’s Directorate-General for Climate Action (DG CLIMA) published a report outlining the issues surrounding the European Union Emissions Trading System (EU ETS).
Based on the findings of the scientific literature and feedback from experts and stakeholders, the analysis identifies the main risks associated with this “key policy instrument for cost-effective abatement of emissions in the EU” - as the report describes it - for the 2030-2040...