WWF position paper: Last chance for Europe’s carbon market | WWF

WWF position paper: Last chance for Europe’s carbon market

Posted on 11 June 2016
Our top five recommendations in order to rescue the EU ETS from redundancy and to deliver a carbon market with society wide benefits
© WWF
For well over a decade the EU Emissions Trading System (EU ETS) puts a price on greenhouse gas emissions from Europe’s largest carbon polluters.

However, the EU ETS has:
  • Failed to achieve adequate emission reductions while the carbon price signal remained ineffective.
  • Undermined the polluter pays principle by issuing vast amounts of free pollution permits to energy-intensive sectors.
  • Missed the opportunity to invest in a clean and competitive economy for the future.
In our position paper, we outline our top five recommendations in order to rescue the EU ETS from redundancy and to deliver a carbon market with society wide benefits.
 
Our top five recommendations in order to rescue the EU ETS from redundancy and to deliver a carbon market with society wide benefits
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