Despite what European Commissioner Hoekstra has claimed, the EU ETS review proposal tabled on 17 July may be incompatible with the EU’s 2040 climate target. A review of the total CO2 emissions allowed by the proposal will be presented by Climact. The calculation will address gaps left by the Commission’s methodology, and cover total emissions …
Read more “Is the ETS proposal aligned with the 2040 climate target?”
A majority of 59% of European citizens support measures requiring heavy industry to pay for its CO₂ emissions; only 23% are against. Support extends across political divides, reaching well beyond the traditional green electorate.
By confronting the aviation industry’s full climate impact, our research shows that by applying the polluter-pays principle and expanding carbon pricing to non-covered aviation climate impacts, there could be a tenfold increase in EU ETS revenues between 2025 and 2040 from the aviation sector.
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