✉news WorldEU Politics first seen 1 d ago, last 21 h ago, peak #3
Weaker EU emissions trading scheme puts €90 billion at risk
Original: A weaker ETS puts €90 billion in green investment at risk
Analysts warn that a weakened EU Emissions Trading System could jeopardise around €90 billion in planned green investment across Europe. The ETS works by putting a price on carbon, and a softer scheme would reduce the revenue and investment signals that fund clean energy and decarbonisation projects. The warning has stirred debate among EU lawmakers and climate policy advocates over the future of Europe's flagship carbon market.
Why now: Ongoing EU debates over reforming the emissions trading system have raised concerns about its impact on climate finance.
European UnionEU Emissions Trading SystemEuropean Parliament
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Evidence
- A weaker ETS puts €90 billion in green investment at risk · The Parliament Magazine
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