CMW’s Jeanne Marullaz reports that there are clear signs of growing support for the EU Emissions Trading System as a driving force of both climate action and European competitiveness – from civil society to governments and industries
After initially backing the EU’s planned Carbon Border Adjustment Mechanism (CBAM), EU industry has grown increasingly hostile to the carbon levy as the prospect of losing their free allowances under the EU’s Emissions Trading System (EU ETS) looms closer, according to an InfluenceMap analysis requested by Carbon Market Watch.
In the heated debate on exports that risks undermining the very foundation of the CBAM, one question remains unanswered: for how long can EU policymakers shield heavily polluting productions from paying the fair price for their emissions?
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