At a meeting of the European Parliament’s Environment Committee on Monday 16 March, Teresa Ribera, the European Commission’s Executive Vice-President for the Clean, Just and Competitive Transition, defended the EU Emissions Trading System (ETS), stressing the positive role it plays in the energy transition and industrial competitiveness.
“The ETS is not a bad thing. On the contrary, it has driven investment and decarbonisation, while generating resources that can be reinvested to...